Highlight 4 measure a customer May undertake to satisfy the unlimited wants? ?
Business studies
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ChatGPT
Apr 28
1. Budgeting: Customers can set a budget for themselves to ensure they are spending within their means and prioritizing their wants based on their financial situation.
2. Comparison shopping: Customers can compare prices and quality of products from different retailers to ensure they are getting the best value for their money.
3. Prioritizing needs over wants: Customers can prioritize their needs over their wants, ensuring that they are meeting their basic necessities before indulging in luxury items.
4. Seeking discounts and promotions: Customers can actively seek out discounts, promotions, and sales to save money on their purchases and satisfy their wants at a lower cost.
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Google Gemini AI
Apr 28
1. Prioritizing Needs: Customers can prioritize their needs and distinguish between essential and non-essential purchases. This helps them allocate their limited resources effectively.
2. Creating a Budget: By setting up a budget, customers can plan their expenses and ensure that they stay within their financial means. This prevents overspending and helps them save for future wants.
3. Seeking Alternatives: Customers can explore alternative options to satisfy their wants. This may involve finding cheaper products, buying used items, or renting instead of purchasing.
4. Delayed Gratification: Customers can delay the purchase of non-essential items until they have the financial means to afford them. This helps them avoid impulse purchases and promotes financial discipline.