Which of the following is a psychological factor that impacts consumer buying decisions?

a. Social class
b. Learning
c. Personality
d. Lifestyle


ANSWER: b

Psychological factors include perception, motivation, learning, and beliefs and attitudes. These factors are what consumers use to interact with their world.

Business

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In which stage of the product life cycle would a firm most likely use price reductions and reminder advertising to encourage customers to replace worn-out items?

A) growth B) youth C) maturity D) adoption E) leveling

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The field of government relations is a fertile one for public relations graduates

Indicate whether the statement is true or false

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Stock dividends have little economic substance for shareholders

Indicate whether the statement is true or false

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In the Vroom decision-making model, ________ dimensions include cost considerations and the availability of information and whether or not the problem is structured.

A. task-structure B. goal-setting C. employee-acceptance D. decision-quality

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