Exam 12: Decision Making I: Need Recognition and Search

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Consumers do not always proceed through the activities found in the decision-making process in sequential fashion.

(True/False)
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Extended decision making occurs when there is a significant amount of purchase risk involved with the decision.

(True/False)
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Differentiate between ongoing searches and prepurchase search activities.

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Which of the following is true of limited decision making?

(Multiple Choice)
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Explain search regret.

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When consumers view a purchase as coming in the distant future, they are more sensitive to the negative role of price.

(True/False)
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The recognition of a need invariably triggers the other activities found in the decision-making process.

(True/False)
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Treyvon recently secured a promotion and a raise at work. He starts thinking about buying a house but wonders whether he can truly afford it. In this case, Treyvon is primarily considering the _____ associated with the purchase.

(Multiple Choice)
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Which of the following is true of QR codes?

(Multiple Choice)
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The total collection of all possible solutions to a recognized need is referred to as the _____ of alternatives.

(Multiple Choice)
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Greg is planning to purchase a new truck. He wants to purchase the best one within his budget. He searches the Internet, consults his friends, and visits dealerships to learn more about different brands of trucks. He compares the features and the prices of the different trucks on a comparison shopping website. Which of the following decision-making perspectives best describes Greg's decision-making process?

(Multiple Choice)
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Which of the following is true of the effect of the Internet on consumer search behavior?

(Multiple Choice)
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Which of the following statements is true in the context of need recognition?

(Multiple Choice)
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Consumers who perform ongoing searches are usually highly involved with the product category and seek information simply for enjoyment.

(True/False)
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Bill is a member of the Conway City Council. He wants to run for the position of mayor of Conway in the upcoming elections. The perceived state for which Bill aspires is called his _____.

(Multiple Choice)
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Irene has been saving up and searching for the right house to buy. However, she feels disappointed because after spending an entire month researching and looking at a number of houses, she did not find the right one. The disappointment that Irene is experiencing can be best described by the term _____.

(Multiple Choice)
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Fatima wants to purchase a house and has been viewing residential properties for the past two months. She has been searching for information on the Internet and consulting friends and family in order to arrive at a satisfactory decision. Which of the following decision-making approaches is Fatimah employing?

(Multiple Choice)
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Don is browsing the Internet to gather information about high-definition DVD players. He wants to gift one to his mother on her birthday. Don's search is an example of a(n) _____.

(Multiple Choice)
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Consumers generally consider only a small fraction of the actual number of problem solutions that are available.

(True/False)
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Value perceptions influence consumer decision-making activities.

(True/False)
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