Exam 12: Decision Making I: Need Recognition and Search

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Search effort that is not necessarily focused on an upcoming purchase or decision but rather on staying up to date on the topic is called _____.

(Multiple Choice)
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Which decision-making perspective assumes that many decisions are actually learned responses to environmental influences?

(Multiple Choice)
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Which of the following statements is FALSE regarding consumer decision making?

(Multiple Choice)
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Performance risk is risk associated with the likelihood of a product performing as expected.

(True/False)
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Risk associated with the time required to search for the product and the time necessary for the product to be serviced or maintained is known as _____.

(Multiple Choice)
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Decision-making approaches can be classified into three categories: extended decision making, limited decision making, and simple decision making.

(True/False)
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Quality represents the perceived overall goodness or badness of some product.

(True/False)
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Donna's kids want shoes that have wheels, but she's concerned about the safety of this product. Which type of risk is Donna considering?

(Multiple Choice)
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The decision-making approach that is used by a consumer depends heavily on the _____.

(Multiple Choice)
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Which type of decision making usually occurs when there are relatively low amounts of purchase risk and product involvement?

(Multiple Choice)
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Brand loyalty enables consumers to reduce searching time drastically by insisting on the brand to which they are loyal.

(True/False)
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_____ is present when a consumer simply buys a product repeatedly without any real attachment.

(Multiple Choice)
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The term ranking criteria is used to refer to the attributes of a product that consumers consider when reviewing possible solutions to a problem.

(True/False)
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Which of the following refers to the behavior that consumers engage in as they seek information that can be used to satisfy needs?

(Multiple Choice)
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Which of the following is the total collection of all possible solutions to a consumer problem?

(Multiple Choice)
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The decision-making process begins with information search.

(True/False)
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Laurie has a Honda Accord that she really loves. She and her husband have owned several other Honda automobiles over the years. She's even convinced several family members and friends to buy Hondas. Recently, however, she had a bad service experience at the Honda dealership in the city she just moved to. Nevertheless, she will still purchase a Honda Civic this year for her daughter and another Honda Accord when she needs a new car in a few years. Which of the following does this illustrate?

(Multiple Choice)
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All of the following are sets of alternatives or brands in the consumer decision-making process EXCEPT _____.

(Multiple Choice)
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Using which type of decision-making approach do consumers generally not seek information at all when a problem is recognized?

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External search includes gathering information from sources such as friends, family, salespeople, advertising, independent research reports, or the Internet.

(True/False)
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