Exam 1: Understanding Consumer Behavior and Consumer Research

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In an experiment, the independent variable is , and the dependent variable is .

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Public Policy is the establishment of laws and regulations that guide and govern business practices in order to protect consumers.

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Consumer behavior researchers are interested in consumer responses.These responses primarily include which of following:

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Kay and Lucy are both consumer researchers.They are arguing about various research approaches.Kay says, "Lucy, I don't understand why you waste your time doing all of those experiments.Consumer behavior can't be researched like chemistry! Consumers are irrational with their own subjective reality." Lucy responds, "I don't agree.Consumers behave more consistently than you might think, and it is perfectly appropriate to apply the scientific method-approach to studying consumers.Only by treating consumer behavior as a science can we generate generalizable theories of behavior." Based on this discussion, what consumer behavior research approach does Kay most support?

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purchase goods and services to satisfy their own personal needs and wants or to satisfy the needs and wants of others.

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usually consist of 6 to 12 people involved in a discussion led by a facilitator who monitors and guides the group discussion.

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In an experiment, independent variables are held constant so they can be controlled.

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Paula likes to sew quilts.She often collects old clothes from her family and friends to cut up and use in her quilts. When she does this, Paula is engaging in a consumer use/consumption activity.

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is the systematic process of planning, and then collecting, analyzing, and interpreting data and information relevant to marketing problems.

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Systematic testing and following the Scientific Method can allow researchers to determine causal relationships with a high degree of certainty.

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purchase goods and services to produce other goods or services, or resell them, or run their operation.

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