How Individuals make particular decisions

Cards (3)

  • Budgets - where consumers decide how much of their income to spend and save
  • Comparison Shopping - comparing prices to obtain the best deal for a product/service.
  • Note:
    • Some types of shops are cheaper than others (e.g Big W and Kmart)
    • Some brands are cheaper than others
    • Do not be pressured into buying something quickly.