The document is a summary response from a student named Janrein Infante in their third year of a Bachelor of Science in Business Administration in Marketing program at Don Honorio Ventura State University in Bacolor, Pampanga, Philippines. The student's response defines purchase decision making as a thought process where consumers identify needs, consider options, and select a specific product and brand. They also explain that cultural factors like beliefs, values, traditions, and laws shape how people view the world and make decisions, influencing how and why they consume goods and services.
The document is a summary response from a student named Janrein Infante in their third year of a Bachelor of Science in Business Administration in Marketing program at Don Honorio Ventura State University in Bacolor, Pampanga, Philippines. The student's response defines purchase decision making as a thought process where consumers identify needs, consider options, and select a specific product and brand. They also explain that cultural factors like beliefs, values, traditions, and laws shape how people view the world and make decisions, influencing how and why they consume goods and services.
The document is a summary response from a student named Janrein Infante in their third year of a Bachelor of Science in Business Administration in Marketing program at Don Honorio Ventura State University in Bacolor, Pampanga, Philippines. The student's response defines purchase decision making as a thought process where consumers identify needs, consider options, and select a specific product and brand. They also explain that cultural factors like beliefs, values, traditions, and laws shape how people view the world and make decisions, influencing how and why they consume goods and services.
UNIVERSITY BACOLOR, PAMPANGA COLLEGE OF BUSINESS STUDIES
INFANTE, JANREIN
BSBA MKTG 3E
1. How consumers makes purchase decisions? Explain your answer.
- Purchase decision is the thought process that leads a consumer from identifying a need, generating options, and choosing a specific product and brand. 2. Identify and explain the cultural factors that affect consumer buying decisions? - Cultural Factors encompass the set of beliefs, moral values, traditions, language, and laws (or rules of behavior) held in common by a nation, a community, or other defined group of people. It can affect consumer decisions on how people perceive the world around them, their place in it, and how they make decisions, it tends to play a role in determining how and why we consume goods and services.