Question: Decision - Making Processes AssignmentObjective: The purpose of this assignment is to analyze your own decision - making processes forthree different products or services from

Decision-Making Processes AssignmentObjective: The purpose of this assignment is to analyze your own decision-making processes forthree different products or services from the provided list (or others if you wish). You willdescribe the five stages of your decision-making process for each product/service, classify thedecision process, and characterize the importance of the product/service and the resourcesneeded to make the decision.Instructions:1. Choose Three Products/Services: Select three products or services from the followinglist:o A cup of coffeeo Sunglasseso A cellphoneo A meal at a restauranto A vacationo A haircuto Ice creamo A shirt/ pants/ dress2. Describe the Decision-Making Process: For each of the three chosen products/services,describe your decision-making process using the five stages below:o Problem Recognition: Explain how you recognized the need or desire for theproduct/service.o Information Search: Describe how you gathered information about the optionsavailable.o Evaluation of Alternatives: Discuss how you evaluated different options andwhat criteria you used.o Purchase Decision: Describe the process of making the final decision to purchasethe product/service.o Post-Purchase Behavior: Reflect on your feelings and actions after the purchase.3. Classify the Decision Process: After describing the decision-making process for eachproduct/service, classify the decision process as one of the following:o Cognitive: A rational, logical approach involving careful analysis and comparison.o Habitual: A routine or habitual approach with little conscious effort.o Affective: An emotional or impulsive approach based on feelings and emotions.4. Characterize the Importance and Resources: For each product/service, characterize thefollowing:o Importance: High, moderate, or low. Explain why you classified it this way.o Resources Needed: Time, money, effort, and info

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