In low-risk situations, consumers are likely to engage in complex and extensive information search and evaluation.

🎲 Try a Random Question  |  Total Questions in Quiz: 84  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Consumer Behavior 101 Practice Test: Basics of Consumer Decision Making — practice the complete quiz, review flashcards, or try a random question.

The consumer decision-making process typically has five stages: 1. Need recognition: Customers determine they have an issue that needs resolution. They think about a potential solution for their trouble and prepare to examine products and services. 2. Problem recognition: This is the most important part of the consumer decisioning process. This is the point where a person becomes a potential customer and can start the process of buying a new product or a service. 3. Evaluation of alternatives: Consumers evaluate all of their product and brand options on a scale of attributes which have the... Show more

In low-risk situations, consumers are likely to engage in complex and extensive information search and evaluation.