Exam 9: Judgment and Decision Making Based on Low Effort

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An end-of-aisle display can dramatically decrease sales by 100 to 400 percent.

(True/False)
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Manson and his wife went out shopping for clothes one day. Since Manson always wore SoftSewn brand shirts, his wife picked out only those shirts for him to try on. However, when shown the shirts, Manson said, "I need to try something different." Manson's response is an example of _____.

(Multiple Choice)
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Representativeness and availability are two major types of _____.

(Multiple Choice)
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Satisfice is finding a brand that satisfies a need even though the brand may not be the best brand.

(True/False)
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_____ increases the probability that we will purchase the same brand again.

(Multiple Choice)
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Consumers can develop decision heuristics called choice tactics for quick, effortless decision-making:

(Multiple Choice)
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A puppy is given a treat every time he comes when called. This is an example of operant conditioning.

(True/False)
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Operant conditioning views behavior as being influenced by:

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One way that consumers can make simple estimations or judgments is to make comparisons with a lesser known store-brand product.

(True/False)
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Consumers are not guided by feelings when buying from a particular store.

(True/False)
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Word-of-mouth communication is powerful because we tend to have confidence that the opinions of friends or relatives are more reflective of the majority than they may be. This is an example of:

(Multiple Choice)
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Zone of acceptance refers to consumers':

(Multiple Choice)
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Affect can also be generated from brand familiarity through _____.

(Multiple Choice)
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Under high-elaboration decision-making, consumers optimize their choices. Is this true under low-elaboration decision-making? Explain.

(Short Answer)
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How can marketers use price to influence decision-making for low-effort products?

(Short Answer)
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Judgments based on the availability heuristic are biased because consumers tend to ignore:

(Multiple Choice)
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_____ may lead consumers to reevaluate the choice tactic and use a different tactic for the next purchase.

(Multiple Choice)
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Jason likes to drink a particular brand of soda and has been drinking that brand of soda for the last ten years. Lately, one of the newer brands has been gaining popularity and he wants to switch to that brand. In the context of marketing and consumer behavior, this phenomenon is referred to as _____.

(Multiple Choice)
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In the context of low-effort decision-making, which of the following is true of consumers?

(Multiple Choice)
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Consumers use the same type of choice tactic for different product categories.

(True/False)
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