Asked by
Jaire Smiley
on Nov 06, 2024
Verified
Which of the following is a social factor that influences buying behavior?
A) Regulatory forces
B) Reference groups
C) Competitive forces
D) Interest groups
E) Economic forces
Social Factor
An element of society such as demographics, culture, or trends that influences individuals and businesses.
Buying Behavior
The decision processes and actions of people involved in buying and using products.
- Identify the impact of social factors on purchasing decisions.
Verified Answer
SJ
Learning Objectives
- Identify the impact of social factors on purchasing decisions.
Related questions
Which of the Following Is a Social Variable of Buying ...
The Groups with Whom Buyers Identify and Whose Values or ...
Which of the Following Is a Psychological Variable of Buying ...
People Who Are Higher Up in the Social Ladder Buy ...
Each of the Following Statements Describes a Unique Characteristic of ...