Exam 1: Consumer Behavior and Consumer Research

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The cornerstone of a market-driven economy is the right of any consumer to make an informed and unrestricted choice from an array of alternatives.

(True/False)
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Understanding how consumers buy products often leads to an improved understanding of how they use products.

(True/False)
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The primary influence over what we buy has shifted over time from wholesalers to manufacturers to retailers and now to consumers.

(True/False)
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Retailers typically procure products, house them and distribute them to the point of sale.

(True/False)
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Increased competition and slower population growth are factors that have reduced the consumer's influence on business.

(True/False)
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The methods used for studying consumer behavior can be classified as observational, interviews and surveys, and experimental.

(True/False)
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Consumer behavior is a specialized discipline in the marketing field and represents a small part of our everyday decisions.

(True/False)
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____ refers to the activities leading up to and including the purchase or receipt of a product while ____ refers to how, where, when, and under what circumstances consumers use products.

(Multiple Choice)
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Field experiments take place in a laboratory setting.

(True/False)
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____ is a method in which a researcher accompanies consumers through the shopping and consumption processes.

(Multiple Choice)
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Understanding how consumers use products often leads to an improved understanding of how they buy products.

(True/False)
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Manufacturers manage raw materials and produce products.

(True/False)
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Historically, the study of consumer behavior has focused on why people buy.

(True/False)
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When consumer analysts recognize similarities within groups of consumers but differences between groups exist across national boundaries, this is know as:

(Multiple Choice)
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An understanding of consumer behavior is useful in formulating public policy.

(True/False)
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Consumption analysis refers to:

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

(True/False)
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Surveys are a method of gathering information from a large sample of consumers by asking questions and recording responses.

(True/False)
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Surveys are one method for getting inside peoples' homes in order to see exactly how products are consumed.

(True/False)
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The goal of positivism is to uncover hidden or non-recognized motivations through guided interviewing.

(True/False)
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