Exam 12: Decision Making I: Need Recognition and Search

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A consumer's experience is really the only factor that influences his or her information search effort.

(True/False)
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The rational decision-making perspective fits very well with the concept of utilitarian value.

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Physical risk is the risk associated with how other consumers will view the purchase.

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Which set of alternatives is the largest?

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On her weekly grocery shopping trips, Anna buys Tropicana orange juice for her family. She doesn't seek information at all when she realizes they need juice, and her choice is based on habit. Which type of decision making is Anna using for this product?

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Consumer search behavior refers to the behaviors that consumers engage in as they seek information that can be used to satisfy needs.

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_____ refers to the perception of the negative consequences that are likely to result from a course of action and the uncertainty of which course of action is best to take.

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