Exam 1: Consumer Behavior Overview

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The pragmatic consumer is the __________.

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What is the relationship between features and benefits? Which of these should marketing communications primarily emphasize and why? Please provide an example of a product feature and a corresponding product benefit.

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Features are physical product characteristics. Benefits are psychological satisfaction of needs and wants that users derive from the product's features. Marketers should emphasize the benefits that a product delivers to consumers because the feature is simply the means that satisfies a customer's needs or wants. An example of a feature of a vehicle would be an automatic car starter. The benefit that the starter provides is convenience, and that is what should be emphasized.

The product concept is the organizational philosophy that says that consumers are interested most in products that are readily affordable and easily available.

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What is an implication for postmodern consumer research following from Freud's psychoanalytical man? (That is, describe the type of consumer research Freud would suggest doing)

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What is meant by the notion that consumers are sovereign? If consumers are indeed sovereign, what is an implication for marketers?

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Cite two marketplace conditions under which the production concept might be successful.

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A buyer's market is a marketplace condition where product demand exceeds product supply.

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Which marketing management philosophy contains a market orientation, a long-run profit orientation, and a cross-functional integration for its implementation?

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What is the value proposition? Cite three ways marketers can increase consumer value.

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Individual psychological influences of consumer behavior include personality, lifestyle, social class, and interpersonal influences.

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Rational, objective, concrete, economic, and cognitive needs are all examples of __________.

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Influence from members of one's family or household is an example of ________.

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A consumer who is satisficing is making an optimal decision during his or her decision-making process.

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The selling concept requires aggressive use of one or more elements of the promotional mix. Which of the following is NOT an element of the promotional mix?

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A pragmatic consumer behaves in an automatic and unthinking way, responding directly and hastily to environmental stimuli.

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Cite two flaws with the product concept.

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What are two decision process influences? Describe each.

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Joel purchases a Rolex watch before he flies out to attend his ten-year college class reunion. He is an example of conspicuous consumption.

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Hedonic needs are value-expressive needs that reflect a buyer's self-concept.

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Which of the following items would NOT be an example of a conspicuous product?

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