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Problem Solving

6 May, 2015 - 11:54

The amount of effort exerted in information gathering and problem solving. The type of problem solving depends on several variables:

Extensive problem solving: more effort is expended to decide how to satisfy a need. This type is used for infrequently purchased, expensive, high-risk, or new goods or services.

Routine problem solving: Low-involvement, inexpensive, limited risk purchase requiring minimal effort. Used when the consumer has considerable experience in how to meet the need.