Exam 5: Consumer and Business Behaviour
Exam 1: Key Concepts in Marketing117 Questions
Exam 2: Marketing Environment, Social Responsibility and Ethics58 Questions
Exam 3: Planning, Implementing and Evaluating Marketing Strategy143 Questions
Exam 4: Marketing Research and Information Systems161 Questions
Exam 5: Consumer and Business Behaviour142 Questions
Exam 6: Segmentation, Target Markets and Positioning146 Questions
Exam 7: Digital Marketing and Social Networking97 Questions
Exam 8: The Power of Branding137 Questions
Exam 9: Product Decisions139 Questions
Exam 10: Pricing Decisions114 Questions
Exam 11: Distribution Decisions166 Questions
Exam 12: Integrating Marketing Communications136 Questions
Exam 13: People, Physical Evidence, Processes and Partnerships150 Questions
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Why are consumer attitudes an important issue for marketers to study? Can attitudes be changed easily by marketers? Explain.
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Buyers' actions are affected by one or more internal energising forces geared towards satisfying needs, which are called:
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(Multiple Choice)
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Correct Answer:
A
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Both the Toyota Sienna and the Nissan Quest are very popular choices for family vans.Toyota noticed that the majority of its customers are families with three or more children, so they developed commercials featuring larger families.They also produced commercials with Anglo-looking actors.
Alicia Smith and her husband, Tony, are currently shopping for a van for their family.As Alicia watched an advertisement on TV about the Nissan Quest, she noticed that the Nissan costs about $27 000 and offers fuel consumption of about 17 km/litre.She recalled an earlier ad for the Toyota Sienna, which also costs about $27 000, but it offers fuel consumption of about 21 km/litre.Also, Alicia liked the way the family was portrayed in the Toyota ad, with the children in the back seats having plenty of room, watching DVDs and having their own sound controls.
When Alicia spoke to Tony about how much she liked the Toyota van, he replied that the fuel consumption was too high at 16 km/litre.Because Alicia did not agree with that number, he produced a magazine ad that supported his claim of the 16 km/litre for the Toyota.Alicia could not believe that she had made such an error in hearing what the fuel consumption was for the Toyota.
-The fact that Alicia remembered the fuel consumption of the Toyota Sienna incorrectly is most likely an example of:
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(Multiple Choice)
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Correct Answer:
E
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Precision Brake Company is a supplier of brake components to the manufacturers of lawn tractors and four-wheel ATVs.It also sells its products to independent repair centres, dealers and other wholesalers in Victoria.Precision Brake has done research on the demand for lawn tractors and found that most manufacturers are in New South Wales.Research has also shown that most of the dealers who sell directly to individual consumers are in Queensland, while dealers who sell to small business landscaping companies tend to be located in South Australia.Company executives are considering expansion of its distribution to markets in Western Australia.
-Given the type of business market in which Precision Brake is currently operating, it would be least likely to sell to:
(Multiple Choice)
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Business markets are typically divided into the following four categories:
(Multiple Choice)
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When consumers focus on communication with friends and relatives in their information searches, they are using __________ sources.
(Multiple Choice)
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A role consists of a set of actions and activities that a person in a particular position is expected to perform.
(True/False)
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Compare and contrast the three major types of consumer problem-solving processes.
(Essay)
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When a business routinely purchases the same product with similar terms of sale, the purchase is called a:
(Multiple Choice)
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The three major categories of influences on the consumer decision-making process are:
(Multiple Choice)
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When a buyer receives information that is inconsistent with her or his beliefs, the buyer may distort the information to bring it more in line with those beliefs.
(True/False)
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Use the following to answer questions
Both the Toyota Sienna and the Nissan Quest are very popular choices for family vans.Toyota noticed that the majority of its customers are families with three or more children, so they developed commercials featuring larger families.They also produced commercials with Anglo-looking actors.
Alicia Smith and her husband, Tony, are currently shopping for a van for their family.As Alicia watched an advertisement on TV about the Nissan Quest, she noticed that the Nissan costs about $27 000 and offers fuel consumption of about 17 km/litre.She recalled an earlier ad for the Toyota Sienna, which also costs about $27 000, but it offers fuel consumption of about 21 km/litre.Also, Alicia liked the way the family was portrayed in the Toyota ad, with the children in the back seats having plenty of room, watching DVDs and having their own sound controls.
When Alicia spoke to Tony about how much she liked the Toyota van, he replied that the fuel consumption was too high at 16 km/litre.Because Alicia did not agree with that number, he produced a magazine ad that supported his claim of the 16 km/litre for the Toyota.Alicia could not believe that she had made such an error in hearing what the fuel consumption was for the Toyota.
-Because Alicia and Tony are using fuel consumption as one of their evaluative criteria, they are most likely in the __________ phase of the consumer buying process.
(Multiple Choice)
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An information input is less likely to reach awareness if it is related to an event that the person is anticipating.
(True/False)
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If an information input is useful in satisfying a person's current needs, it is more likely to reach awareness.
(True/False)
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While shopping at the supermarket, Tina sees a display of her favourite brand of diet cola.She buys a 2-L bottle to take home for the weekend.This purchase process would be described as:
(Multiple Choice)
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Samsung is entering the home appliance market with its new French-door refrigerator.In designing the production facility, it has a need for various pieces of equipment, including a perpetual assembly belt-drive, quasi-assembly pods and finishing stations.The purchasing agent for the appliance division is inquiring about who will be needed for input on the purchasing decision.Samsung has already contacted several producers of the quasi-assembly pods and has begun negotiations with their sales representatives.
-Which type of factor would not influence Samsung's business buying decisions?
(Multiple Choice)
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What can marketers do to reduce cognitive dissonance in a consumer who has just purchased an expensive product?
(Short Answer)
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When evaluating the alternatives, a buyer rates and eventually ranks the brands in the evoked set.
(True/False)
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