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Home > English > Business English > Business Communication

What does ‘consumer behavior’ refer to?

A. Ignoring customer preferences
B. The study of how individuals make decisions to spend their resources on consumption
C. Only focusing on sales
D. To create confusion

Answer: The study of how individuals make decisions to spend their resources on consumption


Additional Information: Consumer behavior studies how individuals make decisions regarding the purchase of goods and services.


Subjects: Business Communication, Business English

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