Exam 4: Stages in Consumer Decision Making

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Causes of need recognition include life circumstance change, new product availability, and new information.

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Cite the major marketing opportunities suggested by the problem recognition stage.

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The marketing opportunities in the problem recognition stage are to (1) help consumers alleviate constraints, such as through financing, saving consumers time by offering delivery, and making learning about the product easy through simple sales and promotional presentations; (2) convince customers that they should not postpone purchasing (e.g., advertising saying "Offer available while supplies last," or salespeople who use the standing room only technique-a suggestion that the product might be gone if prospects delay buying); or (3) point out the critical importance of the problem.

Leighton purchases a beautiful charm bracelet for her niece's eighth birthday. After purchasing the bracelet, she realizes that the gift will not appear to be complete unless she purchases at least one charm for the bracelet. This is an example of __________.

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Cite at least one major role or task of marketing during the consumer's external information search.

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Which scale would be most useful if you are trying to determine whether or not a Magic Hat brew is a light beer or a heavy beer?

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The process of obtaining information from enjoyable recreational shopping is an example of __________.

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Kiosks and in-store broadcasts are examples of __________.

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What is postpurchase dissonance? Cite two characteristics of a purchase situation that are likely to contribute to dissonance. Cite two ways a marketer (not a consumer) can reduce a consumer's dissonance.

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The lexicographic decision rule begins by ranking criteria in order of perceived importance and later requires the determining of a cutoff for each criterion.

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Which category of decision rules focuses on a single criterion to simplify decision making when the consumer is faced with information overload?

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Which of the following is NOT a consumer reason for using shopping bots?

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Describe the logic behind and the marketing research process of means-end chain analysis.

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Alternatives in a consumer's awareness set that a consumer views as unacceptable are in the consumer's inept set.

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Salient attributes are __________.

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John generally makes his consumer decisions based on whether or not the product is made domestically. He takes pride in owning and will only purchase American brands. He is about to purchase a gourmet cutlery set with the wood block included for his newly renovated kitchen. The brands he knows of are two German-made brands Henckels and Wusthof, and Cutco which is made in the United States. Which brand(s) exist in John's inept set?

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Nonpersonal consumer information sources are preferred where buyers lack competence to intelligently judge a product, such as hi-tech items and professional services.

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Brands that shoppers consider, compare, and evaluate are part of the shopper's awareness set.

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Instrumental values are personal desirable end states of being, or how people would like to eventually experience their lives.

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How does brand loyalty differ from repeat purchase behavior?

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What are point-of-purchase displays? Why are they important?

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