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The informationprocessing activity of consumers' selection of a bank is examined. Questionnaire data are collected from a sample of consumers to determine the way they categorise banks and the effect demographic differences have on this process. The results support the existence of a foggy set as distinct from a hold set of bank brands in the consumers' perception, and show the ways these and other decision sets vary with age, language, education and income.
International Journal of Bank Marketing – Emerald Publishing
Published: Mar 1, 1984
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