Exam 4: Consumers Product Knowledge and Involvement

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Means-end chains show how consumers relate product attributes to important goals and values.

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The impact of the immediate physical/social environment on perceptions of consequences and values is described as situational self-relevance.

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What are factors influencing involvement?

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All of the following are true about consumers' levels of product knowledge EXCEPT:

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Which of the following statements is true about the four market segments with different levels of intrinsic self-relevance for a product category and brand?

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Routine brand buyers have low intrinsic self-relevance for both the brand and the product category.

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Every means-end chain leads to a value.

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Typically,entertainment products/services appeal to:

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Briefly discuss the concept and types of perceived risk.Why is this concept vital to successful marketing? Why is it so difficult to deal with?

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_____ represent tangible,physical characteristics of a product.

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The outcomes of purchasing,using,or consuming products are described as:

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How can marketers influence intrinsic and situational self-relevance?

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Briefly explain the market segments with different levels of intrinsic self-relevance for a product category and brand.

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Firms which donate a portion of their product's revenues to support laudable charitable/social causes are attempting to affect situational self-relevance.

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Briefly explain what is meant by a means-end chain.

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What are "core values"? Why are these types of values especially vital to the marketer?

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While shopping at a grocery store,you pick up a hot dog to satisfy your hunger as it is close to lunch time.This is an example of a:

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How do marketers perceive consumers think about products?

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_____ have low intrinsic self-relevance for both the brand and the product category.

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Experiencing a sense of comfort is the functional consequence of eating a bar of chocolate.

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