Sharon is purchasing a food processor and has done extensive research on all the models available in the market. she is convinced about a particular product and is trying to finalize a store from where to make the purchase. sharon is in the stage of consumer decision process.

Sharon is in the "purchase decision and purchase act" stage of consumer decision process.

The buying decision process is the basic leadership process utilized by buyers with respect to advertise exchanges previously, during, and after the buy of a good or administration. It can be viewed as a specific type of a cost– advantage examination within the sight of various options.The five stages of this process includes:

Problem Identification
Information Search
Evaluation of Alternatives
Purchase Decision
Post-purchase Decisions

Acapitalist economy is when all goods are owned by the government or private industries.

To keep up with the demands of industrialization