hw 1

rank the options below

Stages in the Family Life Cycle Many different types of social influences affect the consumer decision process. The dynamics of the relationships within different family structures are one kind of social influence. Family members may share many attitudes and values, consider one another's opinions, and divide various buying tasks. Marital status, age, and the age of any children in the family have an especially important effect on how people spend their income. Put together, thesk dimensions tell us about the different life-cycle stages of a family. The goal of this exercise is to demonstrate your understanding of the family life cycle. In this activity, you will read a description of a household and then decide which of the household situations typically come before or after the others. Read each family description and then place each in the most likely order. Rank the options below. Joseph is a single, college graduate with no children. No answer 1 2 Koharu is retired and a recent widow. 3 Arjun and Prisha have been married for 8 years and have three school-aged children. 4 5 6 7 Thomas and Sarah have been on their jobs for 15 years and have two high school aged children. Santiago and Alejandra just celebrated their 40th wedding anniversary. Denise and Chad were recently married and do not have any children. Robert and Emma are married, and their two children graduated and moved away from home