Exam 8: Judgment and Decision Making Based on High Effort

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A trivial attribute may be used by a consumer to complete and justify a decision.

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Describe a judgment and give some examples within a consumer behavior context.

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Gizmos and gadgets are the latest marketing battleground for automotive manufacturers who must understand the types of judgments that car buyers make.

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Choosing between going to a movie and eating at a nice restaurant can best be thought of as

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Describe affect forecasting and provide an example of how consumers use this process.

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When consumers make a judgment,they start without any preconceived ideas about the object.

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The difference between a conjunctive and a disjunctive model is that a disjunctive model puts the weight on

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Sellers typically ask a higher price for an item than buyers are willing to pay.This is called a(n)

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A ____ is best when the customer wishes to choose the brand with the greatest number of positive features.

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Price comparison shopping in which consumers compare each brand on price and select the one with the desired price is an example of ____ processing.

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By convincing consumers that they should not accept a lower level on an important attribute,competitors can be rejected from consideration.This is best thought of as an example of marketers

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Maureen hates shopping for clothes.So the night before a gala event that she was planning to attend,she is at the mall frantically looking for a dress to wear.What consumer tendency does this illustrate?

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Consumers are willing to take more risk when a choice is framed as a gain rather than avoiding a loss.

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What is decision delay and why is it important for marketers to understand?

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Explain how consumers can be adverse to extremes.

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Describe how prospect theory is used to understand consumers' attitudes on gains and losses.

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What is the difference between a compensatory and noncompensatory model?

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A confirmation bias in processing information leads consumers to

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With the ____ model,consumers order the attributes in terms of importance and compare the options one attribute at a time,starting with the most important attribute.

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With a(n)____ model,negative information about an important attribute leads to immediate rejection of the brand or service from the consideration set.

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