MCQOPTIONS
Saved Bookmarks
| 1. |
Two statements are given below relating to the consumer brand selection model.Statement I: As per disjunctive decision rule consumers set a minimum acceptable cut off level for each attribute and choose the first alternative that meets the minimum standard for all selected attributes.Statement II: As per lexicographic decision rule consumers choose the best brand on the basis of its perceived most important attribute.Choose the correct option about the statements from the options given below: |
| A. | Statement I alone is correct. |
| B. | Statement II alone is correct. |
| C. | Both statements are correct. |
| D. | Both statements are wrong. |
| Answer» C. Both statements are correct. | |