Analyzing Consumer Markets
50 questions available
Questions
According to the definition provided, what is consumer behavior?
View answer and explanationWhich of the following is considered the fundamental determinant of a person's wants and behavior?
View answer and explanationWhat type of groups are those that a person hopes to join?
View answer and explanationWhat are the two types of families that influence a buyer's life, as described in the chapter?
View answer and explanationAccording to research on the life stage of newlyweds in the United States, how much do they spend in total on their households in the first year after marriage?
View answer and explanationWhat is the term for the specific mix of human traits that can be attributed to a particular brand?
View answer and explanationWhich of the following is NOT one of the five brand personality traits identified in Jennifer Aaker's research?
View answer and explanationIn the context of psychological processes, which theory of motivation assumes that the psychological forces shaping people's behavior are largely unconscious?
View answer and explanationAccording to Maslow's Hierarchy of Needs, what is the highest level of need, which involves self-development and realization?
View answer and explanationFrederick Herzberg's two-factor theory distinguishes between which two types of factors affecting motivation?
View answer and explanationWhat is the perceptual process whereby consumers screen most stimuli out?
View answer and explanationThe tendency for consumers to interpret information in a way that fits their preconceptions is known as what?
View answer and explanationIn the context of learning theory, what are minor stimuli that determine when, where, and how a person responds?
View answer and explanationWhich memory model, discussed in the chapter, views long-term memory as a set of nodes and links?
View answer and explanationWhat is the first stage in the five-stage model of the consumer buying process?
View answer and explanationIn the context of information sources for a buying decision, which group includes advertising, Web sites, salespersons, and packaging?
View answer and explanationWithin the dynamics of an information search, what is the term for the subset of brands that a consumer will know?
View answer and explanationWhat is the term for a person's enduring favorable or unfavorable evaluations, emotional feelings, and action tendencies toward some object or idea?
View answer and explanationUsing the expectancy-value model example in Table 6.3, what would be the perceived value for Laptop B if its ratings are 7 for memory capacity, 7 for graphics capability, 7 for size and weight, and 7 for price, and the attribute weights are 40 percent, 30 percent, 20 percent, and 10 percent respectively?
View answer and explanationWhich noncompensatory model of consumer choice involves the consumer choosing the best brand on the basis of its perceived most important attribute?
View answer and explanationWhen a consumer's decision to modify, postpone, or avoid a purchase is influenced by the concern that the product will not perform to expectations, what type of perceived risk is this?
View answer and explanationPostpurchase satisfaction is described as a function of the closeness between what two factors?
View answer and explanationStudies cited in the chapter show that while customers are dissatisfied with their purchases about 25 percent of the time, only what percentage of them complain?
View answer and explanationThe elaboration likelihood model, an influential model of attitude formation and change, describes which two means of persuasion?
View answer and explanationWhat is the term for the decision heuristic where consumers base their predictions on the quickness and ease with which a particular example of an outcome comes to mind?
View answer and explanationWhat is the term from behavioral economics that describes the way consumers code, categorize, and evaluate financial outcomes of choices?
View answer and explanationAccording to the principles of mental accounting, what is the 'silver lining' principle?
View answer and explanationA classic depiction of social classes in the United States mentioned in the text defines how many ascending levels?
View answer and explanationWhich personal factor that influences a buyer's decision includes the family life cycle and psychological life-cycle stages?
View answer and explanationWhen a person's need, such as hunger or thirst, arises from a physiological state of tension, it is classified as what type of need?
View answer and explanationIn the context of sensory marketing, what is the last sense that we lose with age?
View answer and explanationWhat is the term for a strong internal stimulus that impels a person to action?
View answer and explanationThe hedonic bias, a concept from learning research, describes a general tendency for people to attribute success to themselves and failure to what?
View answer and explanationAccording to the chapter, which of the following is an example of an 'experiential' source of information for consumers?
View answer and explanationThe process of identifying the hierarchy of attributes that guide consumer decision making is called what?
View answer and explanationWhich intervening factor that can come between purchase intention and purchase decision is influenced by both the intensity of the other person's negative attitude and our motivation to comply?
View answer and explanationIf a consumer buys a new product and the performance exceeds expectations, the consumer is said to be what?
View answer and explanationWhat is the key driver of sales frequency mentioned in the section on Postpurchase Uses and Disposal?
View answer and explanationBuying situations characterized by low consumer involvement but significant brand differences often lead to what kind of behavior?
View answer and explanationIn the context of the elaboration likelihood model, consumers are said to follow the central route only if they possess sufficient motivation, ability, and what third factor?
View answer and explanationWhich decision heuristic explains why a recent product failure might lead a consumer to inflate the likelihood of a future product failure?
View answer and explanationWhat is decision framing?
View answer and explanationAccording to the U.S. Consumer Almanac table, what was the largest category of average U.S. outlays for goods and services in 2013?
View answer and explanationBased on the U.S. Consumer Almanac data for 2013, how many hours on average did employed persons ages 25 to 54 with children spend on working and related activities on a workday?
View answer and explanationWhat are the five roles people can play in a buying decision, as listed in the chapter?
View answer and explanationWhich memory process describes how and where information gets into memory?
View answer and explanationWhat is the primary reason that memory retrieval can be difficult in a crowded product category like airlines or financial services?
View answer and explanationIn the five-stage model, what is the milder search state where a person simply becomes more receptive to information about a product?
View answer and explanationWhich of the three noncompensatory choice heuristics involves comparing brands on an attribute selected probabilistically and eliminating those that don't meet a minimum cutoff?
View answer and explanationWhat is the term for a person’s pattern of living in the world as expressed in activities, interests, and opinions?
View answer and explanation