Consumer Behavior

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Question's Short Description

1: Study of buying decisions 2: Influenced by psychological factors 3: Includes perception and learning 4: Affects purchase 5: Important for marketing

Question's Long Description

1: It explains why and how consumers buy  

2: Factors include cultural, social and personal  

3: Helps in product design and promotion  

4: Understanding behavior increases sales  

5: Marketers use it for customer retention  


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