Exam 1: Consumer Behavior and Consumer Research

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Which of the following areas can be better understood by studying consumer behavior?

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E

Consumer behavior can be defined as the activity people undertake when obtaining, consuming, and disposing of products and services.

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True

____ refers to activities leading up to and including the purchase or receipt of the product.

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D

Understanding how consumers use products often leads to an improved understanding of how they buy products.

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____ is a method in which a researcher accompanies consumers through the shopping and consumption processes.

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Public policy makers are not interested in consumer behavior.

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Segmentation focuses on differences within a group of consumers while recognizing the similarities between groups.

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The retail supply chain consists of all the organizations involved in taking a product from inception to final consumption.

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To gain an effective understanding of the consumer it is most important to study activities relating to the purchase aspect of consumer behavior.

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Facilitating organizations include:

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Shadowing is one form of the observational method for studying consumers.

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The selling era came about due to an excess of demand that exceeded production capacity.

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Post-modernism refers to the process of using rigorous empirical techniques to discover generalizable explanations and laws.

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____ refers to how consumers get rid of the product and packaging.

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How can consumer behavior impact public policy?

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Consumer behavior draws on a variety of other disciplines such as statistics, anthropology, economics, and psychology.

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To gain an effective understanding of the consumer it is most important to study activities relating to the purchase, consumption, and disposal aspects of consumer behavior.

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Peter Drucker is quoted as saying that there is one business purpose, "to create a customer."What does this mean?

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The marketing concept refers to the ability of a firm to sell what it manufactures to its targeted consumers.

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Why and how people consume is the focus of consumption analysis.

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