FINAL EXAMINATION IN PHILOSOPHY OF BUSINESS

FINAL EXAMINATION IN PHILOSOPHY OF BUSINESS

16 Qs

quiz-placeholder

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FINAL EXAMINATION IN PHILOSOPHY OF BUSINESS

FINAL EXAMINATION IN PHILOSOPHY OF BUSINESS

Assessment

Quiz

others

Hard

Created by

Andrea Dolojan

FREE Resource

16 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

30 sec • 2 pts

It influences the buying behavior of the person. A person has many needs such as social needs, basic needs, security needs, esteem needs, and self-actualization needs.

2.

FILL IN THE BLANK QUESTION

30 sec • 2 pts

It is a major factor that influences consumer behavior. A process where a customer collects information about a product and interprets the information to make a meaningful image of a particular product.

3.

FILL IN THE BLANK QUESTION

30 sec • 2 pts

It comes over some time through experience. A consumer’s learning depends on skills and knowledge. While skill can be gained through practice, knowledge can be acquired only through experience.

4.

FILL IN THE BLANK QUESTION

30 sec • 2 pts

Consumers have certain attitudes and beliefs which influence the buying decisions of a consumer. Based on this attitude, the consumer behaves in a particular way towards a product. This attitude plays a significant role in defining the brand image of a product.

5.

FILL IN THE BLANK QUESTION

30 sec • 2 pts

It plays a significant role in shaping the buying behavior of a person. A person develops preferences from his childhood by watching a family buy products and continues to buy the same products even when they grow up

6.

FILL IN THE BLANK QUESTION

30 sec • 2 pts

Is a group of people with whom a person associates himself. Generally, all the people in the reference group have common buying behavior and influence each other.

7.

FILL IN THE BLANK QUESTION

30 sec • 2 pts

A person who is a Chief Executive Officer in a company will buy according to his status while a staff or an employee of the same company will have a different buying pattern.

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