Question : --- is the process of taking action and making decisions, or consumers who make purchases for their own use?
Option 1: Consumer interpretation
Option 2: Consumer attitude
Option 3: Consumer interest
Option 4: Consumer behavior
Correct Answer: Consumer behavior
Solution : Consumer behavior refers to the study of customers and how they behave when deciding to buy a product that satisfies their needs, It is the actions and the decision processes of people who purchase goods and services for personal consumption.
Hence ,the correct option is 4.
Question : -----is nothing more than consumers' willingness to buy goods and services according to their preferences, needs, and budget.
Option 1: The behavior of a consumer
Option 2: Consumer interest
Option 3: Consumer perception
Option 4: Consumer attitude
Question : Attribution theory is primarily concerned with:
Option 1: How people explain their own behavior
Option 2: How people explain the behavior of others
Option 3: How people attribute success to their own efforts
Option 4: How people attribute failure to external factors
Question : Statement 1: The Consumer Protection Act aims to protect consumers from unfair trade practices.
Statement 2: It encourages consumers to be vigilant and assertive while making purchases.
Option 1: Both statement 1 and statement 2 are true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 1 is false, but statement 2 is true.
Option 4: Both statement 1 and statement 2 are false.
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