Exam 9: Judgment and Decision Making Based on Low Effort

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The hierarchy of effects for pure affective choice would be

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Naoki feels strongly that between $10 and $20 is a suitable price for a meal at a buffet restaurant.This is what is best known as his

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Buyers would be suspicious of a Rolex watch priced at $19.99

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What is the hierarchy of effects?

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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

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Representativeness and availability are two major types of

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How does the concept of the hierarchy of effects change depending on our assumptions about the choice process?

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What role do consumer price perceptions play in the use of price-related tactics?

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When MAO is low,individuals are motivated to be

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An out-of-stock condition could force a consumer to break a habit because

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What are the ways in which marketers can appeal to habitual purchasers of other brands?

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Sophie is very brand loyal to Duracell batteries.She needs new batteries for her digital camera and she is leaving for a vacation the next day.When she goes to a local discount store to purchase batteries,the Duracell batteries she needs are out of stock.Sophie will probably

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Li purchases only Dove,Ivory,and Irish Spring soaps.She is what is best known as

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Outline some choice tactics and the situations within which they would be used.

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Judgments based on the availability heuristic are biased because they ignore

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Brands are associated with global affective evaluations that can be recalled from memory when making a choice.This process has been called

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Explain why low-elaboration consumer decision making is so common.

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Most low-effort decisions are made

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Consumers engage variety seeking for three reasons: boredom,satiation,and the availability of new products.

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In what ways do consumers use feelings to make low-effort decisions,if at all? Explain.

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