Exam 14: Consumers and the Diffusion of Innovations

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Identify and discuss four characteristics that typify a modern social system.

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Trendy items such as fashion accessories tend to diffuse more easily than products used in private because fashion accessories have greater ________.

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TABLE MINI CASE: Cynthia recently saw a new coffee table being offered by a popular furniture designer. She thinks the table would go nicely in her living room.Her friend, Steve, has very tasteful furniture in his home and seems to know quite a bit about furniture, so Cynthia asks Steve for advice about whether the coffee table would match the other design elements in her living room.Cynthia spends about three weeks thinking about it before she makes the decision to buy the table. -In the TABLE MINI CASE,the new table style is an example of a ________.

(Multiple Choice)
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Consumer innovators are less likely to be deal prone.

(True/False)
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Marketers should disregard the orientation of their target consumers' social system when seeking to gain acceptance for their new products.

(True/False)
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TABLE MINI CASE: Cynthia recently saw a new coffee table being offered by a popular furniture designer. She thinks the table would go nicely in her living room.Her friend, Steve, has very tasteful furniture in his home and seems to know quite a bit about furniture, so Cynthia asks Steve for advice about whether the coffee table would match the other design elements in her living room.Cynthia spends about three weeks thinking about it before she makes the decision to buy the table. -In the TABLE MINI CASE,when Cynthia thinks the table would go nicely in her living room and seeks Steve's opinion,she is at the ________ stage of the adoption process.

(Multiple Choice)
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Which of the following is true of the demographics of consumer innovators?

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Consumer innovators are more dogmatic than noninnovators.

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The members of the ________ category of adopters are the very last consumers to purchase a new product.They are generally high risk-perceivers and the last ones to recognize the value of innovative products.

(Multiple Choice)
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