Question: Define representativeness heuristic and availability heuristic. How do unconscious factors influence consumer behavior? What operant conditioning concepts apply to consumer learning? Why is quality an
- Define representativeness heuristic and availability heuristic.
- How do unconscious factors influence consumer behavior?
- What operant conditioning concepts apply to consumer learning?
- Why is quality an important ingredient in cognitive-based decision-making?
- What role does brand loyalty play in low-effort decision-making?
- How do price and value perceptions affect low-effort decision-making?
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