Chapter 5 Flashcards

1
Q

Consumer buyers decision process

A

Need Recognition -Buyer recognise a need

Information search -search for information from different source

Evaluation of alternative -process information and evaluate alternative

Purchase decision -by most preferred brand

Post purchase behaviours
Reality = expatiation = satisfied
Reality < expatiation = disappointed
Reality > expatiation = satisfied

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1
Q

Characteristic affecting consumer behaviour

A

Culture -value, reception, wants and behaviour
Social -people around the them
Personal -based on personal difference
Psychological -based on individual thinking

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2
Q

Business buyer behaviour

A

The behaviour of the organisation that buy good and service for the use of productions of other product and service that are sold, rent or supply to other

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3
Q

The difference between business markets and consumer markets

A

Market structure and demand
Natural of buying unit
Type of decision and the decision process involved

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4
Q

Market structure and demand

A

Fewer but much larger than consumer market

Large demand

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5
Q

Natural of the buying unit

A

The quality and amount involves in larger than consumer market

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6
Q

Types of decision and the decision processed involved

A

Complex decision process that involve a lot of people and level of management

Require more professional process

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