Determinant attributes are key product attributes that are most likely to affect a buyer's final choice. these attributes are usually described according to their importance and uniqueness.
steps in the traditional model of consumer decision making:
Problem solving, Information search ,Evaluation of alternatives, Purchase decision, Post-purchase evaluation , Information search.
Types of Determinant Attributes
consumers who buy fast food are most interested in taste, texture, speed of service, value and cleanliness. Taste and texture are qualities of food products. Value is a pricing attribute. Fast-food customers want ample food quantities at reasonable prices.
Price is the most important determinant attribute for these consumers.
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Options: A) measured. B) developed. C) improved. D) swapped.
Answer:A) measured
Explanation:Sir Francis Galton is an English anthropologist, Statistician expert, Psychologist and Eugenicist, he is famous for his researches in the field Human intelligence and Eugenics.
Sir Francis Galton is also noted for creating the terms currently used in Mathematics and statistic known as CORRELATION AND REGRESSION.
ACCORDING TO FINDINGS OF SIR FRANCIS IN THE FIELD OF PSYCHOLOGY,THE PSYCHOLOGICAL TRAITS OF INDIVIDUALS CAN BE MEASURED.
The traditional business cycle is a cycle of economic boosts and recessions; <span>stagflation is an economic recession. </span>
