Exam 7: Identifying and Understanding Consumers

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After-sales service and exchange privileges aid in ________.

(Multiple Choice)
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The study of motivation is easy since consumers may buy the same product for different reasons,may have subconscious motivations,and may not tell the retailer their real reasons for product/service purchases.

(True/False)
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Which type of target market strategy is most likely to be used by a diversified retailer?

(Multiple Choice)
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Recognition of shortage and recognition of unfulfilled desire are components of which stage of the consumer decision process?

(Multiple Choice)
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To reduce potential cognitive dissonance,a retailer should ________.

(Multiple Choice)
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Brand and store loyalty are examples of limited decision making.

(True/False)
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a.Provide a demographic snapshot of the United States. b.Identify its implications for an independent bookstore.

(Essay)
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A major advantage of the use of commercial versus social cues to consumers is based upon ________.

(Multiple Choice)
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A high degree of information search generally occurs when ________.

(Multiple Choice)
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Which is not a consumer demographic?

(Multiple Choice)
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Nationwide,there are about six million more males than females.

(True/False)
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Which statement concerning cross-shopping is correct?

(Multiple Choice)
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