Purchase decisions with significant psychological and economic consequences are defined as low-involvement decisions.

Name: Purchase decisions with significant psychological and economic consequences are defined as low-involvement decisions.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Low-involvement decisions typically involve less expensive, routine purchases that have minimal risk and psychological impact, unlike high-involvement decisions which have significant psychological and economic consequences.

Purchase Decisions with Significant Psychological and Economic Consequences Are Defined