Memorising Flashcards
1
Q
DECISION MAKING:
Name the 3 factors that influence purchasing decisions.
A
1. Physiological (motivation and needs; personality; perception; knowledge; values, attitudes; lifestyle).
2. Socio-cultural (personal, reference group, family, social class, culture, subculture).
3. Economic (income, credit facilities, price)
2
Q
MARKETING:
Define marketing.
A
Marketing is the process of planning and executing the conception, pricing , promotion and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational goals.
3
Q
Define dealers.
A
Dealer refers to the variety of shops where consumers can purchase products or services.