Which factor is NOT considered one of the influences on consumer buying behavior?

Prepare for the ETS Major Field Test MBA to boost your MBA credentials. Use flashcards and multiple-choice questions, each with hints and explanations. Get ready for your exam today!

Consumer buying behavior is influenced by a variety of factors, which can be broadly categorized into psychological, cultural, and social influences. Psychological influences include an individual's perceptions, motives, attitudes, beliefs, and learning experiences that affect their purchasing decisions. Cultural influences encompass the values, customs, and practices that shape a person's identity and lifestyle, guiding their preferences and choices in products and services. Social influences derive from group memberships, family, friends, and social media, which can impact consumer behavior through social norms and peer pressure.

While technology plays a significant role in shaping and facilitating buying behavior — such as through online shopping, social media advertisements, and customer reviews — it is not categorized as a direct influence on consumer buying behavior in the same way that psychological, cultural, and social factors are. Instead, technology is often seen as a tool that aids these other influences, rather than a fundamental driving force behind the decision-making process itself. Therefore, it is considered the option that does not align with the traditional classifications of influences on consumer buying behavior.

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