Exam 15: Consumer Relationships

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List the behavioral outcomes of consumption.

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There are four behavioral outcomes of consumption discussed in the chapter:
(1) Complaining
(2) Word-of-mouth (WOM)
(3) Switching
(4) Loyalty

Some customers continue to shop at a store just because it is close to their home, not because they especially like that store. This behavior is best described as _____.

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C

Talbot's clothing store offers a program to its customers that keeps track of their purchases and offers a $25 award for every $500 spent. This is an example of a _____.

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B

Antiloyal consumers are those who will do everything possible to avoid doing business with a particular marketer.

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Which type of switching costs involve lost time and effort?

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When competitive intensity is low but switching costs are high, a company is highly vulnerable to consumers who will switch providers.

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Internet only retailers have successfully built up relational switching costs.

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Competitive intensity refers to the resources allocated to one brand from among the set of competing brands.

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The worst thing a company can do to handle negative public publicity is to release information allowing the public to draw its own conclusion.

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Holly was so pleased with the service she received at a new spa in her neighborhood that she told many of her friends about her experience. Holly's behavior is an example of _____.

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Switching costs can be divided into three categories: procedural, financial, and relational.

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_____ refers to the number of firms competing for business within a specific category.

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Value plays a role in the postconsumption process.

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Which of the following statements is TRUE regarding complaining behavior?

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Zander was dissatisfied with the service he received from a car repair shop, so the next time his car needed service, he went to a different place. Zander exhibited which behavior?

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Utilitarian value is more important than hedonic value in preventing switching behavior.

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When negative WOM spreads on a relatively large scale, it can result in _____.

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The costs associated with changing from one choice, such as a brand, retailer, or service provider, to another are known as _____.

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Define switching behavior and discuss the three categories of switching costs. Discuss which one(s) would be the most significant if you changed your cellphone or other type of service provider.

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Customer share represents a behavioral component that is indicative of customer loyalty.

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