How is the expectancy-value model used in the evaluation of alternatives as a consumer engages in a buying process?

What will be an ideal response?

The expectancy-value model of attitude formation posits that consumers evaluate products and services by combining their brand beliefs — the positives and negatives — according to importance. The model assists consumers in making choices.

Business

You might also like to view...

As a market follower strategy, the ________ duplicates the leader's product and packages and sells it on the black market or through disreputable dealers

A) innovator B) cloner C) imitator D) adapter E) counterfeiter

Business

An infinite-life replacement chain allows projects of different lengths to be compared

Indicate whether the statement is true or false

Business