External Circumstances Affect Consumer Decisions

External Circumstances Affect Consumer Decisions

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses how marketers can understand consumer decision-making by considering external factors, time, attention, options, urgency, and environmental conditions. It emphasizes the importance of creating a conducive purchase environment to influence consumer behavior effectively.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key aspects marketers can influence in consumer decision-making?

The consumer's past purchase history

The consumer's financial status

The external circumstances around the purchase

The consumer's personal preferences

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the number of options available affect consumer decisions?

It guarantees a purchase

It simplifies the decision-making process

It complicates the decision-making process

It has no impact on the decision

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens when a consumer is in urgent need of a product?

They will wait for a better price

They will not make a purchase

They will buy whatever is available

They will compare all available options

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor can marketers control to influence consumer mood?

The consumer's personal life

The store environment

The consumer's budget

The weather

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important for marketers to create a welcoming store environment?

To increase the time consumers spend in the store

To ensure consumers buy only high-priced items

To make consumers uncomfortable

To reduce the number of purchases

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