Exam 1: Buying,Having,and Being: An Introduction to Consumer Behavior

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Define the term "paradigm."

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A relationship a person might have with a product is called ________.

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Discuss the positive and negative consequences of today's culture of participation that is enabled by social media platforms.

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Explain what a consumer is.

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Explain the term "market segmentation strategies."

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The way consumers feel about themselves,the things they value,and the things they like to do in their spare time are part of how marketers segment using ________.

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Which of the following is NOT considered a demographic?

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Explain the term "social media."

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Why is age a common demographic category used in understanding consumer behavior?

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Consumers and the items they consume can take many forms.Give examples of three different types of consumers and examples of three different types of items they could consume,including products,services,and ideas.

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The 80/20 rule states that 80% of consumers will use 20% of the product.

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Because consumer behavior is now examined as an entire consumption process that includes pre-purchase and post-purchase issues,exchange theory is irrelevant to the study of consumer behavior.

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