Exam 13: Decision Making Ii: Alternative Evaluation and Choice

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Hedonic criteria pertain to economic aspects associated with an alternative.

(True/False)
4.9/5
(31)

Which of the following belongs to the superordinate product category?

(Multiple Choice)
4.7/5
(39)

A consumer who uses strict guidelines set prior to selection,and eliminates any option that fails to meet the specifications from consideration is employing a(n)_____ rule.

(Multiple Choice)
4.8/5
(35)

The term bounded rationality describes the idea that perfectly rational decisions are always feasible.

(True/False)
4.8/5
(46)

With attribute-based evaluation,consumers evaluate products based on the overall feeling that is evoked by the alternative.

(True/False)
4.9/5
(40)

Melissa wants to buy a new hair dryer.She considers five models and assigns them belief ratings from 1= very poor to 10= very good and importance ratings from 10= most important to 1=least important.She sets a mental cutoff of 5 in order for the model to be selected.According to the conjunctive rule,which of the following models would she select? Attribute Importance Model A Model B Model C Model D Model E Belief ratings Belief ratings Belief ratings Belief ratings Belief ratings Low price 8 7 4 3 1 3 Power efficiency 6 6 6 5 8 2 Styling 9 8 7 6 7 9

(Multiple Choice)
4.7/5
(41)

The efforts by companies to improve the objective quality of their products are limited by consumer perceptions of quality.

(True/False)
4.8/5
(41)

The value that consumers believe they will receive from a product has a direct impact on their evaluation of that product.

(True/False)
4.9/5
(37)

A benefit is a perceived favorable result that is derived from the presence of a particular feature.

(True/False)
4.8/5
(39)

As a consumer's level of knowledge increases,he or she is able to focus on criteria that are most important in making a selection and to discount irrelevant information.

(True/False)
4.9/5
(32)

Which of the following statements is true of consumers' information processing?

(Multiple Choice)
4.8/5
(39)

A characteristic that allows a consumer to diagnose something distinctive about an alternative is also known as a _____.

(Multiple Choice)
4.9/5
(31)

Perceptual attributes are sometimes referred to as search qualities because they can easily be evaluated prior to actual purchase.

(True/False)
4.8/5
(37)

A signal is a characteristic that allows a consumer to diagnose something distinctive about an alternative.

(True/False)
4.8/5
(39)

Determinant criteria are the evaluative criteria that are related to the actual choice that is made.

(True/False)
5.0/5
(39)

Superordinate categories tend to be more detailed than subordinate categories.

(True/False)
4.8/5
(38)

Which of the following statements is true of noncompensatory models?

(Multiple Choice)
4.9/5
(34)

When Kylie bought her laptop,she searched for product information at various retail sites on the Internet which helped her decide the attributes she was looking for in a laptop.This is an example of product choice influenced by _____.

(Multiple Choice)
4.9/5
(31)

While deciding between two alternatives,if information about some attributes is not available,consumers tend to weigh the criteria that are common to both alternatives quite heavily in the evaluation.

(True/False)
4.8/5
(37)

When James and his wife were looking for a new house,they acknowledged the fact that they would each consult their parents and then decide on the house to buy.Which of the following factors contribute to their evaluation of alternatives?

(Multiple Choice)
4.8/5
(34)
Showing 21 - 40 of 126
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)