The stage in the consumer decision process that comes immediately after need recognition is the Search for information.
<h3>What is the significance of the consumer decision process?</h3>
The consumer decision process plays a significant role in marketing planning.It enables organizations to make predictions about customer preferences to develop marketing and sales strategies based on their needs.
Consumers more use internal and external elements to explore their selections during the information-seeking stage. They could look at alternatives in person or check internet sources.
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Answer:
diminishing returns,
Explanation:
The law of diminishing marginal returns claims that the returns from the input will first increase at an increasing rate until production reaches an optimal level. After the optimal level, and holding the other factors constant, the returns from the output will start diminishing and eventually turn negative.
Diminishing returns concepts apply in the short term, where only variable inputs can change. For example, in a factory setting, the optimal production capacity is fixed in the short-run. Additional usage of a variable such as labor increase returns until the factor reaches its optimal capital. Additional hiring of labor results in diminishing returns in labor output.
Answer:
strategy analysis
Explanation:
Strategy analysis is an effective way to analyse the business and internal environment within which they work and operate. Another important feature of strategy analysis is to form a competitive environment within the organisation to create an environment in order to effectively accomplish goals. It helps to form the strategic decision of the company. So, the element of good strategy is to do strategy analysis.
Answer:
Brainliest pls
Explanation:
Just income, cost, and profit accounts are shut not a resource, responsibility, Common Stock, or Retained Earnings accounts. The four fundamental stages in the end interaction are: Closing the income accounts-moving the credit adjusts in the income records to a clearing account called Income Summary.
Answer:
The company should innovates its portfolio, and marketing policies.
Explanation:
