Saul purchased a gold bracelet to give to his girlfriend after she successfully defended her doctoral thesis. Before he gave it to her, he worried that it was too expensive, both for what it was and for his income level

He thought about returning it. Where was Saul in the consumer buying process?
A) problem recognition
B) information search
C) evaluating alternatives
D) purchase decision
E) postpurchase evaluation

Answer: E
Explanation: E) Postpurchase evaluation: I'm happy/unhappy with my purchase and will/will not buy a similar one in the future.

Business

You might also like to view...

What is the employee's responsibility in the data gathering stage of career management?

A. To identify opportunities and areas needing improvement B. To communicate performance evaluations C. To identify steps and a timetable to reach goals D. To provide assessment information to identify strengths, weaknesses, interests, and values E. To ensure that goals are specific, challenging, and attainable

Business

Why is the quick ratio considered by some to be a better measure of liquidity than the current ratio?

A) The quick ratio more accurately reflects a firm's profitability. B) It omits the least liquid current asset from the numerator of the ratio. C) The current ratio does not include accounts receivable. D) It measures how "quickly" cash flows through the firm.

Business