Routinized response behavior is what a consumer does when

A. purchasing an unfamiliar product.
B. buying frequently purchased, low-cost items that need little search effort.
C. an information search is extensive and may involve consulting with friends and family.
D. buying products that require a moderate amount of time for information gathering and deliberation.
E. he or she enters the problem recognition stage of the consumer buying decision process.


Answer: B

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Which of the following statements is not true?

A. A majority of states require companies that maintain personal data on their residents to publicly disclose when a security breach affecting those residents has occurred. B. The USA Patriot Act broadly expanded law enforcement's investigative and surveillance powers. C. The Cybersecurity Information Sharing Act was strongly supported by most large technology companies and privacy advocates. D. The Federal Trade Commission has asserted that it has authority over corporations' data security practices.

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Franco Rossini applies for a comprehensive insurance policy for his business premises. He neglects to mention that he made a claim for loss on his previous policy, which was with a different insurer

The policy is issued, and four months later there is a fire on the premises. When Franco makes a claim, the insurer refuses to pay. Which of the following is TRUE? A) An applicant for insurance has a duty to reveal any important matters that might affect the assessment of the risk. B) Since Franco was not specifically asked whether he had any prior claims, he did not breach his duty to disclose, and the insurer must pay. C) The duty to disclose risk factors on an application for insurance tends to be strictly enforced. D) Since the fact that Franco had a prior claim would not materially affect the insurer's assessment of risk, he did not breach his duty to disclose, and the insurer must pay. E) Both A and C

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Bernson Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $492,000 and 30,000 machine-hours for the period.The company incurred actual total fixed manufacturing overhead of $517,000 and 28,300 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:

A. $492,000 B. $464,120 C. $487,703 D. $25,000

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