Deck 7: Identifying and Understanding Consumers
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Unlock Deck
Sign up to unlock the cards in this deck!
Unlock Deck
Unlock Deck
1/112
Play
Full screen (f)
Deck 7: Identifying and Understanding Consumers
1
Objective and quantifiable population data that are easily identifiable and measurable population are ________.
A) lifestyle measures
B) an AIO inventory
C) demographic statistics
D) reference group measures
A) lifestyle measures
B) an AIO inventory
C) demographic statistics
D) reference group measures
C
2
Which group is not reflected in the traditional family life cycle?
A) solitary retired
B) divorced adults
C) single-person households
D) bachelors
A) solitary retired
B) divorced adults
C) single-person households
D) bachelors
B
3
Which of the following classifies consumers on the basis of income,occupation,and education?
A) reference group affiliation
B) family life cycle grouping
C) social class
D) subculture
A) reference group affiliation
B) family life cycle grouping
C) social class
D) subculture
C
4
What fraction of the U.S.population moves each year?
A) one-tenth
B) one-eighth
C) one-fourth
D) one-third
A) one-tenth
B) one-eighth
C) one-fourth
D) one-third
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
5
The family life cycle shows ________.
A) the extent to which groups influence a person's thoughts and actions
B) the ranking of people within a culture
C) families which share a distinctive heritage
D) how a typical family evolves from bachelorhood to children to solitary retirement
A) the extent to which groups influence a person's thoughts and actions
B) the ranking of people within a culture
C) families which share a distinctive heritage
D) how a typical family evolves from bachelorhood to children to solitary retirement
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
6
A group of people sharing a distinctive heritage is a(n)________.
A) social class system
B) culture
C) AIO group
D) reference group
A) social class system
B) culture
C) AIO group
D) reference group
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
7
Discretionary income can be defined as ________.
A) take-home pay
B) take-home pay that is adjusted to reflect inflation
C) take-home pay that is adjusted to reflect a base year
D) money left over after paying taxes and buying necessities
A) take-home pay
B) take-home pay that is adjusted to reflect inflation
C) take-home pay that is adjusted to reflect a base year
D) money left over after paying taxes and buying necessities
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
8
Which is not a consumer demographic?
A) population mobility
B) social mobility
C) education level
D) place of residence
A) population mobility
B) social mobility
C) education level
D) place of residence
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
9
The family life cycle has been updated in which version?
A) updated family life cycle
B) family life cycle II
C) VALS 2
D) household life cycle
A) updated family life cycle
B) family life cycle II
C) VALS 2
D) household life cycle
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
10
________ can be classified as aspirational,membership,or dissociative.
A) Cultures
B) Subcultures
C) Reference groups
D) Life cycle stages
A) Cultures
B) Subcultures
C) Reference groups
D) Life cycle stages
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
11
The household life cycle ________.
A) describes how a family moves from bachelorhood to children to solitary retirement
B) includes data on time utilization
C) includes life stages only for family households
D) includes life stages for family and nonfamily households
A) describes how a family moves from bachelorhood to children to solitary retirement
B) includes data on time utilization
C) includes life stages only for family households
D) includes life stages for family and nonfamily households
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
12
The manner in which individual consumers and families (households)live and spend time and money is their ________.
A) social-class structure
B) reference group behavior
C) lifestyle
D) demographic statistic
A) social-class structure
B) reference group behavior
C) lifestyle
D) demographic statistic
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
13
The typical U.S.household has an annual income of ________.
A) $24,000
B) $34,000
C) $54,000
D) $64,000
A) $24,000
B) $34,000
C) $54,000
D) $64,000
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
14
A retailer that adds mail order and Web operations,is open longer hours,and seeks to reduce checkout time is responsive to which of the following lifestyle trends?
A) component
B) blurring of gender
C) poverty of time
D) self-fulfillment
A) component
B) blurring of gender
C) poverty of time
D) self-fulfillment
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
15
Most U.S.employment is in ________.
A) production
B) distribution
C) services
D) retailing
A) production
B) distribution
C) services
D) retailing
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
16
The level of risk a consumer believes exists regarding the purchase of a good or service from a specific retailer is his or her ________.
A) real risk
B) purchase risk
C) perceived risk
D) cognitive dissonance
A) real risk
B) purchase risk
C) perceived risk
D) cognitive dissonance
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
17
Social perceived risk relates to ________.
A) whether the good or service will perform as expected
B) whether the good will hurt the purchaser
C) peer opinion of the good or service
D) the amount of effort needed to make a purchase
A) whether the good or service will perform as expected
B) whether the good will hurt the purchaser
C) peer opinion of the good or service
D) the amount of effort needed to make a purchase
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
18
Which reference group has the greatest impact on consumers?
A) aspirational
B) face-to-face
C) membership
D) dissociative
A) aspirational
B) face-to-face
C) membership
D) dissociative
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
19
The increased tendency of men to do laundry,cook for the family,and vacuum the house illustrates which lifestyle?
A) component lifestyle
B) gender roles
C) poverty of time
D) self-fulfillment
A) component lifestyle
B) gender roles
C) poverty of time
D) self-fulfillment
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
20
A person who values the status of goods,services,and retailers ________.
A) has high self-confidence
B) has low perceived risk
C) is class conscious
D) is sociable
A) has high self-confidence
B) has low perceived risk
C) is class conscious
D) is sociable
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
21
Which demographic statement is not correct?
A) The typical U.S. household has an annual income of $54,000.
B) There are more males in the United States than females.
C) Two-thirds of all moves are within the same county.
D) Most U.S. employment is in services.
A) The typical U.S. household has an annual income of $54,000.
B) There are more males in the United States than females.
C) Two-thirds of all moves are within the same county.
D) Most U.S. employment is in services.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
22
Recognition of shortage and recognition of unfulfilled desire are components of which stage of the consumer decision process?
A) information search
B) purchase behavior
C) problem awareness
D) evaluation of alternatives
A) information search
B) purchase behavior
C) problem awareness
D) evaluation of alternatives
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
23
The process in which people determine whether,what,when,where,how,from whom,and how often to purchase goods and services is ________.
A) consumer behavior
B) consumer motivation
C) outshopping
D) a commercial cue
A) consumer behavior
B) consumer motivation
C) outshopping
D) a commercial cue
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
24
In limited decision making,consumers ________.
A) use each purchase process step, but do not spend a great deal of time on each step
B) view products to have high perceived risk
C) are unwilling to spend much time on shopping
D) spend much time on information search
A) use each purchase process step, but do not spend a great deal of time on each step
B) view products to have high perceived risk
C) are unwilling to spend much time on shopping
D) spend much time on information search
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
25
A consumer makes full use of the decision process in ________.
A) impulse purchases
B) extended decision making
C) limited decision making
D) routine decision making
A) impulse purchases
B) extended decision making
C) limited decision making
D) routine decision making
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
26
A consumer's decision process is comprised of two parts: ________ and ________.
A) purchase; post-purchase behavior
B) the process itself; the factors affecting the process
C) need recognition; stimuli
D) demographics; psychographics
A) purchase; post-purchase behavior
B) the process itself; the factors affecting the process
C) need recognition; stimuli
D) demographics; psychographics
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
27
An impulse purchase is an example of ________ decision making.
A) extended
B) limited
C) routine
D) optimal
A) extended
B) limited
C) routine
D) optimal
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
28
A retailer seeking to sell luxury goods needs to evaluate which demographic statistic?
A) discretionary income
B) disposable income
C) money income
D) social class
A) discretionary income
B) disposable income
C) money income
D) social class
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
29
Moderate-risk items,which have been purchased before but not on a regular basis,involve which decision process?
A) routine decision making
B) limited decision making
C) extended decision making
D) impulse purchasing
A) routine decision making
B) limited decision making
C) extended decision making
D) impulse purchasing
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
30
Home gardeners have been classified into groups such as "ecologists," "perfectionists," "neat and green," and "let nature run its course." This classification system divides consumers by ________.
A) demographics
B) perceived risk
C) reference groups
D) lifestyles
A) demographics
B) perceived risk
C) reference groups
D) lifestyles
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
31
Further purchase and re-evaluation are components of which stage of the consumer decision process?
A) information search
B) post-purchase behavior
C) problem awareness
D) evaluation of alternatives
A) information search
B) post-purchase behavior
C) problem awareness
D) evaluation of alternatives
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
32
Which lifestyle focuses on the difficulty in classifying consumers into lifestyle groupings?
A) component lifestyle
B) consumer sophistication and confidence
C) poverty of time
D) self-fulfillment
A) component lifestyle
B) consumer sophistication and confidence
C) poverty of time
D) self-fulfillment
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
33
Doubt that the correct purchase decision has been made is known as ________.
A) information re-evaluation
B) perceived risk
C) psychological risk
D) cognitive dissonance
A) information re-evaluation
B) perceived risk
C) psychological risk
D) cognitive dissonance
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
34
A cue or drive meant to motivate or arouse a person to act is a ________.
A) want
B) commercial cue
C) stimulus
D) social cue
A) want
B) commercial cue
C) stimulus
D) social cue
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
35
Compiling a list of various goods and services and ascertaining the characteristics of each alternative are parts of which stage of the consumer decision process?
A) information search
B) purchase behavior
C) problem awareness
D) evaluation of alternatives
A) information search
B) purchase behavior
C) problem awareness
D) evaluation of alternatives
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
36
A message sponsored by a retailer or some other seller is a(n)________.
A) commercial cue
B) noncommercial cue
C) social cue
D) advertisement
A) commercial cue
B) noncommercial cue
C) social cue
D) advertisement
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
37
In comparison to demographics,lifestyles are ________.
A) more likely to be profiles
B) more difficult to measure
C) easier to measure
D) growing at a faster rate
A) more likely to be profiles
B) more difficult to measure
C) easier to measure
D) growing at a faster rate
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
38
Which statement concerning cross-shopping is correct?
A) Cross-shopping refers to consumers purchasing related items on the same shopping trip.
B) Cross-shopping refers to shoppers visiting multiple retail formats for a product category.
C) Cross-shopping refers to consumers visiting multiple retailers on the same shopping trip.
D) Cross-shopping refers to shoppers visiting either multiple retail formats for a product category or visiting multiple retailers on the same shopping trip.
A) Cross-shopping refers to consumers purchasing related items on the same shopping trip.
B) Cross-shopping refers to shoppers visiting multiple retail formats for a product category.
C) Cross-shopping refers to consumers visiting multiple retailers on the same shopping trip.
D) Cross-shopping refers to shoppers visiting either multiple retail formats for a product category or visiting multiple retailers on the same shopping trip.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
39
A dissociative group for the working class is the ________ social class.
A) upper-middle
B) upper-lower
C) middle class
D) lower-upper
A) upper-middle
B) upper-lower
C) middle class
D) lower-upper
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
40
Outshopping refers to ________.
A) consumers who travel long distances to stores
B) in-home shopping by catalog, mail, and phone
C) consumers who spend longer-than-average times in shopping centers/districts
D) consumers with large budgets
A) consumers who travel long distances to stores
B) in-home shopping by catalog, mail, and phone
C) consumers who spend longer-than-average times in shopping centers/districts
D) consumers with large budgets
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
41
Many Web shoppers also buy from catalog retailers,department stores,and specialty stores.This illustrates ________.
A) diversified shopping
B) routine decision making
C) cross-shopping
D) cross-selling
A) diversified shopping
B) routine decision making
C) cross-shopping
D) cross-selling
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
42
A difficulty in the study of motives is that ________.
A) motives cannot be observed; they must be inferred
B) a researcher needs to distinguish between rational and irrational motives
C) motives are based on perceived risk
D) a consumer's motives may be related to lifestyle
A) motives cannot be observed; they must be inferred
B) a researcher needs to distinguish between rational and irrational motives
C) motives are based on perceived risk
D) a consumer's motives may be related to lifestyle
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
43
A shopper profile should ideally be based upon ________.
A) both demographic and lifestyle data
B) data developed on the basis of telephone interviews
C) data developed from personal interviews
D) data developed from observational-based studies
A) both demographic and lifestyle data
B) data developed on the basis of telephone interviews
C) data developed from personal interviews
D) data developed from observational-based studies
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
44
Trading areas reflect the distance shoppers will customarily travel to visit a retail store.Which type of shopper is most likely to travel great distances to shop at a given retailer?
A) agreeable shopper
B) outshopper
C) value shopper
D) top-of-the-line shopper
A) agreeable shopper
B) outshopper
C) value shopper
D) top-of-the-line shopper
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
45
A high degree of information search generally occurs when ________.
A) a purchase is viewed as unimportant
B) perceived risk is high
C) cognitive dissonance is high
D) a consumer is store loyal
A) a purchase is viewed as unimportant
B) perceived risk is high
C) cognitive dissonance is high
D) a consumer is store loyal
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
46
Which type of retailer has a high proportion of outshoppers?
A) traditional department store
B) specialty store
C) convenience store
D) category killer retailer
A) traditional department store
B) specialty store
C) convenience store
D) category killer retailer
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
47
An example of recognition of shortage is a consumer ________.
A) hearing from a friend about his or her satisfaction with Michelin tires
B) seeing an advertisement for Michelin tires that stresses their safety
C) visiting several tire retailers to determine salesperson opinion as to tire brand longevity
D) recognizing that his or her tire needs replacement
A) hearing from a friend about his or her satisfaction with Michelin tires
B) seeing an advertisement for Michelin tires that stresses their safety
C) visiting several tire retailers to determine salesperson opinion as to tire brand longevity
D) recognizing that his or her tire needs replacement
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
48
A mapping analysis for a specialty apparel store shows that 30 percent of its customers drive over 45 minutes to visit the retailer.This high proportion of shoppers from a relatively far distance indicates what form of consumer behavior?
A) outshopping
B) cognitive dissonance
C) limited decision making
D) active shoppers
A) outshopping
B) cognitive dissonance
C) limited decision making
D) active shoppers
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
49
Which lifestyle emphasizes nonconforming behavior?
A) blurring of gender
B) poverty of time
C) component lifestyles
D) consumer sophistication and confidence
A) blurring of gender
B) poverty of time
C) component lifestyles
D) consumer sophistication and confidence
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
50
A retailer observed that the traditional question dealing with a respondent's age told little about the consumer's family size,presence of a spouse,or household size.The retailer should consider using ________ as an alternative to age.
A) reference group membership
B) the family life cycle
C) the social class structure
D) social performance
A) reference group membership
B) the family life cycle
C) the social class structure
D) social performance
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
51
A group of consumers has high class consciousness.What form of perceived risk is most important to this group?
A) time perceived risk
B) physical perceived risk
C) financial perceived risk
D) social perceived risk
A) time perceived risk
B) physical perceived risk
C) financial perceived risk
D) social perceived risk
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
52
A major advantage of the use of commercial versus social cues to consumers is based upon ________.
A) the extent to which the message is tailored to the needs of the target market
B) message credibility
C) control over the source
D) total cost
A) the extent to which the message is tailored to the needs of the target market
B) message credibility
C) control over the source
D) total cost
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
53
Which lifestyle emphasizes the situation-basis for much of consumer decision making?
A) blurring of gender
B) poverty of time
C) component lifestyles
D) consumer sophistication and confidence
A) blurring of gender
B) poverty of time
C) component lifestyles
D) consumer sophistication and confidence
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
54
A ________ seeks to convert a ________ into a purchase of a specific brand.
A) social cue; commercial cue
B) physical drive; social cue
C) physical drive; commercial cue
D) commercial cue; physical drive
A) social cue; commercial cue
B) physical drive; social cue
C) physical drive; commercial cue
D) commercial cue; physical drive
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
55
Family,friends,and colleagues represent which form of reference group?
A) subcultural
B) aspirational
C) dissociative
D) face-to-face
A) subcultural
B) aspirational
C) dissociative
D) face-to-face
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
56
Price,brand name,or store name are often used as cues in the ________ stage of the consumer decision process.
A) information search
B) purchase
C) evaluation of alternatives
D) problem awareness
A) information search
B) purchase
C) evaluation of alternatives
D) problem awareness
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
57
The major difference between the family life cycle and the household life cycle is based on ________.
A) the size of the family
B) whether single-person households are included
C) whether nonfamily households are included
D) whether retired individuals are included
A) the size of the family
B) whether single-person households are included
C) whether nonfamily households are included
D) whether retired individuals are included
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
58
To which lifestyle does the use of pre-packaged products,mail order,and home delivery best appeal?
A) blurring of gender
B) poverty of time
C) component lifestyles
D) consumer sophistication and confidence
A) blurring of gender
B) poverty of time
C) component lifestyles
D) consumer sophistication and confidence
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
59
To reduce potential cognitive dissonance,a retailer should ________.
A) offer consumers money-back guarantee privileges
B) train salespeople to overstate a product's relative attributes in their sales presentation
C) price each service as a separate component; this allows consumers to pay for only the services they desire
D) pay careful attention to store atmosphere
A) offer consumers money-back guarantee privileges
B) train salespeople to overstate a product's relative attributes in their sales presentation
C) price each service as a separate component; this allows consumers to pay for only the services they desire
D) pay careful attention to store atmosphere
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
60
Consumers who engage in extensive cross-shopping to "get the best price" have what form of perceived risk?
A) time perceived risk
B) physical perceived risk
C) financial perceived risk
D) social perceived risk
A) time perceived risk
B) physical perceived risk
C) financial perceived risk
D) social perceived risk
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
61
What type of consumer decision making is most likely to be used when the consumer regularly repurchases the same brands?
A) routine decision making
B) limited decision making
C) extended decision making
D) intensive decision making
A) routine decision making
B) limited decision making
C) extended decision making
D) intensive decision making
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
62
Low perceived risk,high experience with a retailer,and high satisfaction with past purchases generally are characteristics of ________.
A) routine decision making
B) limited decision making
C) extended decision making
D) brand loyalty
A) routine decision making
B) limited decision making
C) extended decision making
D) brand loyalty
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
63
The information search process involves the use of only commercial sources.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
64
Which type of target market strategy is most likely to suffer from a blurred image and/or high marketing expenditures due to having multiple marketing plans?
A) niche strategy
B) mass market
C) differentiated marketing
D) concentrated marketing
A) niche strategy
B) mass market
C) differentiated marketing
D) concentrated marketing
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
65
Which type of target market strategy is most likely to be used by a retailer that seeks efficiencies associated with economies of scale?
A) niche strategy
B) mass market
C) differentiated marketing
D) concentrated marketing
A) niche strategy
B) mass market
C) differentiated marketing
D) concentrated marketing
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
66
Impulse purchases,brand loyalty,and customer loyalty are examples of ________.
A) limited decision making
B) extended decision making
C) routine decision making
D) problem awareness
A) limited decision making
B) extended decision making
C) routine decision making
D) problem awareness
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
67
Over half of U.S.adults have a 4-year college degree.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
68
A consumer reading more about a product after it was purchased than before illustrates activity seeking to reduce ________.
A) evaluation of alternatives
B) purchase activity
C) cognitive dissonance
D) information search
A) evaluation of alternatives
B) purchase activity
C) cognitive dissonance
D) information search
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
69
Demographics are easily identifiable and measurable population statistics.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
70
Face-to-face reference groups have the greatest impact on consumers.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
71
Perceived risk is high since a consumer is purchasing a complex good in which he or she has had little experience.What type of consumer decision making accompanies this situation?
A) extended decision making
B) limited decision making
C) routine decision making
D) brand loyalty
A) extended decision making
B) limited decision making
C) routine decision making
D) brand loyalty
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
72
Perceived risk is based on actual versus judged risk levels.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
73
What type of consumer decision making accompanies a situation where consumers have purchased the product before,but do not purchase the product on a regular basis?
A) extended decision making
B) limited decision making
C) routine decision making
D) brand loyalty
A) extended decision making
B) limited decision making
C) routine decision making
D) brand loyalty
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
74
The term "mass market" is based on social class.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
75
Nationwide,there are about six million more males than females.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
76
After-sales service and exchange privileges aid in ________.
A) store atmosphere
B) changing extended decision making into routine decision making
C) reducing cognitive dissonance
D) specifying core services
A) store atmosphere
B) changing extended decision making into routine decision making
C) reducing cognitive dissonance
D) specifying core services
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
77
Which type of target market strategy is most likely to be used by a diversified retailer?
A) niche strategy
B) mass market
C) differentiated marketing
D) concentrated marketing
A) niche strategy
B) mass market
C) differentiated marketing
D) concentrated marketing
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
78
The consumer decision process consists of two parts: the process itself and the factors affecting the process.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
79
It is relatively easy to predict the behavior of a component lifestyle shopper.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
80
Cognitive dissonance results from doubt that the correct decision has been made.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck