Exam 1: Buying, Having, and Being: an Introduction to Consumer Behavior

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Big data is generated from ________.

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Popular culture is both a product of marketing and an inspiration for marketing.

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In the early stages of development, consumer behavior was known as buyer behavior. What important aspect of the exchange process does this change in name reflect?

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Buyer behavior reflects an emphasis on the act of purchase, but this exchange is dependent upon a number of prepurchase and postpurchase perspectives and behaviors. To fully understand why an exchange is made, researchers must look at the decisions and influences before the exchange, as well as the expectations of what happens after the exchange. The study of consumer behavior accounts for prepurchase and postpurchase issues along with purchase issues, rather than simply buyer behavior.

Describe a virtual brand community. Create an example that demonstrates the concept.

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Discuss the positive and negative consequences of today's culture of participation that is enabled by social media platforms.

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Describe three needs which are important for understanding consumer behavior. Provide an example of each need and its related consumer behavior.

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The term "big data" refers to the ________.

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Psychographic information is not considered to be demographic data because this type of information is not directly observable.

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Wal-Mart tracks the habits of the 100 million customers who visit its stores each week and responds with products and services directed toward those customers' needs based on the information collected. This is an example of ________ marketing.

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Researchers who argue that the field of consumer behavior should not be a "handmaiden to business" believe that consumer behavior research should ________.

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Lucy Chang recently purchased a lovely ceramic bowl that featured a red dragon design. When she thought about her purchase, she found that she really had no justification for buying the bowl other than it reminded her of the bowls her mother used during evening meals when she was a young child in Hong Kong. Which of the following types of relationships with a product best explains the reason for Lucy's purchase of the dragon bowl?

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The revolution in cyberspace has created a situation in which consumers can sell to other consumers in communities like Etsy. This is known as ________.

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People who belong to the same social class are most likely to have which of the following in common?

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Which of the following is NOT closely associated with what your text terms the "horizontal revolution"?

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According to the definition of consumer behavior, how a consumer disposes of an idea and accepts another is NOT part of consumer behavior.

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Consumers who share demographic characteristics such as ethnicity and age can have very different lifestyles.

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Demographics refer to aspects of a person's lifestyle and personality.

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Texting back-and-forth with a friend is an example of asynchronous interaction.

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According to the basic marketing concept, a firm exists to ________.

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________ focuses on biological needs that produce unpleasant states of arousal.

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