As consumers, we make many decisions every day without stopping to think about how or why we make them. We dont even consider the decision-making process when we have routine purchases. Some decisions, however, require extensive problem solving or have a high financial, social or physical risk impact so we start breaking down the steps.

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As consumers, we make many decisions every day without stopping to think about how or why we make them. We dont even consider the decision-making process when we have routine purchases. Some decisions, however, require extensive problem solving or have a high financial, social or physical risk impact so we start breaking down the steps.
In this Report, think of a high value decision that you had to make in the last year where you acquired an object or service for your personal use.
Address the following phases in detail:
Need or problem recognition
Information search
Evaluation of alternatives
Purchase decision
Post-purchase behaviour
For this Report, describe each step you went through by addressing the Factors affecting Consumer Behaviour (cultural, social, personal, and psychological).

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