Question

In: Economics

Outline a recent purchase and identify what criteria you evaluated. What solutions existed? How did you...

Outline a recent purchase and identify what criteria you evaluated. What solutions existed? How did you determine the performance of each option? Did you make a decision or keep searching?

Please answer in an overall total of 150 words or more.

Solutions

Expert Solution

Recently I bought a mobile phone. I was looking for a smartphone with an excellent camera, fast processing speed, and high-speed internet connectivity within my budget of $399. Therefore, my evaluation criteria were 1) camera specifications and performance, 2) Processor specifications and performance, 3) Connectivity specifications and performance, and 4) Price. I shortlisted 3 smartphones, one each from Samsung, Apple, and Motorola as solutions. I conducted online research on various comparisons sites to evaluate the comparing performance and reviews of these three phones. Finally, I visited a local store to have a feel for the three phones. I asked the salesman to demonstrate the performance of the three phones. I also checked the processing speed, camera quality, Internet speed etc. by using the phones, opening various applications, clicking photos, etc. Finally, I made the decision to buy iPhone SE which came out as a clear winner out of the three phones.


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