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Analyze the components of the consumer decision-making process. The consumer decision-making process begins with need recognition, when stimuli trigger awareness of an unfulfilled want.

If additional information is required to make a purchase decision, the consumer may engage in an internal or external information search. The consumer then evaluates the additional information and establishes purchase guidelines. Finally, a purchase decision is made.

1. Visit Carpoint's Web site at http://autos.msn.com/. How does the site assist consumers in the evaluation stage of choosing a new car?

Develop your own hypothetical evoked set of three or four car models and present your comparisons. Which vehicle attributes would be most important in your purchase decision?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92016691

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