Ed had been long thinking of exchanging his old car for a new convertible and so he
recently bought himself a Volvo C70. Ed’s purchasing activity is most likely driven by
_____.
a. preventive motivation
b. physiological motivation
c. homeorhesis
d. homeostasis
e. self-improvement motivation
REAL ESTATE BROKER SCENARIO
Jane, a consumer researcher, worked with a real estate broker as part of her research on
consumer decision-making behavior. During the course of her research, she found that
young couples, mostly professionals, look out for a space they can call their own.
Although young, they seldom make spontaneous and impulsive decisions while buying
a house. All of them arrive at a decision after an exhaustive effort of finding more
information, talking to different people, and checking out neighborhoods through
various sources. This strengthens Jane’s hypothesis that people tend to make wise and
informed decisions while buying a house. In her experience of working with the real
estate broker, Jane has had a successful run, except for the time when an elderly man
left disappointed after weeks of continuous search. After his retirement, he had wanted
to invest in a “dream house,” but sadly he could not find what he was looking for.
Whatever he liked exceeded his budget. Jane also met a young couple who spent most
of their weekends house hunting. After being out with them week after week, they
finally admitted that they never intended to buy a house and that they were mostly
interested in gathering information and being updated about the real estate
industry. Refer to Real Estate Broker Scenario. Jane’s observation on the job working
with the real estate broker strengthens her hypothesis that people tend to make wise and
informed decisions while buying a house. According to Jane, which of the following
decision-making perspectives most likely contributes to consumers’ decisions?