Exam 7: Post-Purchase Processes, Customer Satisfaction and Consumer Loyalty

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Which of the following is not an element of relationship marketing?

Free
(Multiple Choice)
4.8/5
(30)
Correct Answer:
Verified

D

How may the level of symbolic performance of a product affect a consumer's disposal decision for that product? Illustrate your answer by using an example.

Free
(Essay)
4.9/5
(32)
Correct Answer:
Answered by Examlex AI Copilot

The level of symbolic performance of a product can greatly affect a consumer's disposal decision. Symbolic performance refers to the ability of a product to convey certain meanings, values, or social status to the consumer. When a product is perceived as having high symbolic performance, it is often associated with prestige, luxury, or social status. On the other hand, products with low symbolic performance may be seen as ordinary or lacking in social significance.

For example, let's consider the disposal decision of a luxury handbag. A consumer who owns a high-end designer handbag may have purchased it for its symbolic performance, as it represents status and wealth. However, if the handbag goes out of style or is no longer perceived as prestigious, the consumer may be more inclined to dispose of it, as it no longer serves its symbolic purpose. On the other hand, a consumer who owns a basic, non-branded handbag may not feel the same pressure to dispose of it based on symbolic performance, as its value lies more in its practical use rather than its social significance.

In this way, the level of symbolic performance of a product can influence a consumer's disposal decision. Products with high symbolic performance may be disposed of more readily when they no longer convey the desired social status, while products with low symbolic performance may be retained for their practical utility regardless of their social significance.

Which of the following is not a mode for product disposition?

Free
(Multiple Choice)
4.9/5
(35)
Correct Answer:
Verified

D

Define post-purchase dissonance and explain the probability that this will occur in consumer post-purchase processes.

(Essay)
4.9/5
(40)

Brand loyalty differs from repeat purchase behaviour in that brand loyalty:

(Multiple Choice)
5.0/5
(31)

Observing consumers as they actually use products is:

(Multiple Choice)
4.7/5
(40)

The difference between repeat purchase behaviour and brand loyalty is not explained by which of the following statements?

(Multiple Choice)
4.8/5
(34)

A toy made overseas is found to contain traces of lead paint. The manufacturer should:

(Multiple Choice)
4.9/5
(37)

A potential influencing factor that might affect the evaluation of a particular purchase is:

(Multiple Choice)
4.8/5
(23)

The likelihood and magnitude of post-purchase dissonance increases for all of the following except:

(Multiple Choice)
4.8/5
(35)

The durability of a sportscoat represents:

(Multiple Choice)
4.8/5
(38)

By inspiring a very high degree of loyalty:

(Multiple Choice)
5.0/5
(38)

Which of these examples does not illustrate 'use innovativeness'?

(Multiple Choice)
4.9/5
(36)

A motorbike that no longer runs is an example of:

(Multiple Choice)
4.9/5
(38)

Satisfaction with a product is primarily a function of:

(Multiple Choice)
4.9/5
(35)

In order to reduce post-purchase dissonance and increase customer satisfaction, marketers can:

(Multiple Choice)
4.7/5
(38)

The following are types of consumer with respect to response styles associated with dissatisfaction except:

(Multiple Choice)
4.9/5
(28)

A primary reason for taking no action when dissatisfied with a product or service is which of the following?

(Multiple Choice)
4.8/5
(21)

Which of the following is true about very loyal customers?

(Multiple Choice)
4.7/5
(38)

With respect to clothing, it has been found that:

(Multiple Choice)
4.9/5
(33)
Showing 1 - 20 of 51
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)