Exam 4: Analyzing Consumer Behavior

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It is of little use for marketing managers to use a survey designed in-house to better understand the customer base.

(True/False)
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As a result of the search for alternatives through internal and external information sources,customers form three different sets of options.The ________ set is the set of products from which the customer will choose to purchase.

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Day of week is an evaluation that is most related to these categories of business.

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In regard to the adoption of new technologies,the extent to which customers are uncertain about the consequences of an action is termed as:

(Multiple Choice)
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According to the needs hierarchy theory,friendship,affection,acceptance by reference groups are examples of ________ needs.

(Multiple Choice)
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The concept of segmentation is important because it implies an understanding that customers are homogeneous.

(True/False)
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Pure awareness research that uses ________ recall gives the respondents a list from which to choose brands.

(Multiple Choice)
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Which of the following analyses is more useful for trend-spotting than for developing segments for individual brands?

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Factor analysis is a multiple regression statistical procedure.

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The perceived complexity of the innovation is positively related to the success of an innovation.

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Which of the following is an example of a psychographic variable?

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List and briefly describe the three major categories of segmentation variables.

(Essay)
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Which of the following refers to the decision about which customer groups a company will pursue for a particular brand or product line?

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Which of the following terms is used to refer to one-to-one marketing?

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List and briefly describe the major groups developed by SRI International's VALS system.

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Which of the following tech customers seek entertainment but cannot find it on-line,and therefore prefer TV and other older media?

(Multiple Choice)
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According to the needs hierarchy theory,success,self-esteem and prestige are examples of ________ needs.

(Multiple Choice)
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The stages of the family life cycle include all of the following except:

(Multiple Choice)
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Which of the following is the first step in the customer behavior model?

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FMCG products need more extensive information search than durable goods.

(True/False)
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