Exam 6: Analyzing Consumer Markets

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People can emerge with different perceptions of the same object because of three perceptual processes.List and briefly characterize those processes.

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Brands that meet consumers' initial buying criteria are called the ________.

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Explain the differences between culture,subculture,and social class.

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Describe the lexicographic heuristic used to make consumer choices.

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Frederick Herzberg developed a two-factor theory that distinguishes dissatisfiers and satisfiers.How does Herzberg's theory affect sellers' marketing strategy?

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Because of selective retention,we are likely to forget about the good points of competing products.

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People from the same subculture,social class,and occupation may lead quite different lifestyles.A lifestyle is a person's pattern of living in the world as expressed in activities,interests,and opinions.Lifestyle portrays the "whole person" interacting with his or her environment.Given this information,describe the LOHAS (an acronym)lifestyle described in the text and its usefulness in marketing.

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If a company finds that a consumer has chosen a competitive product over their company's offering,one way to get the consumer back could be by developing a strategy wherein the company "shifts the buyer's ideals" on one or more levels.

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Ben always reaches for the bright blue and yellow box of Ritz crackers when he visits the snack food aisle in the grocery store.He rarely even reads the box or checks the price.Which of the following heuristics is most likely being used by Ben?

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If a direct-mail marketer wished to direct promotional efforts toward the family of ________,efforts need to be directed toward parents and siblings of the family members.

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Marketers use all of the following techniques to convert a low-involvement product into one of high involvement EXCEPT ________.

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________ can work to the advantage of marketers with strong brands when consumers make neutral or ambiguous brand information more positive.

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A person's ________ consist(s)of all the groups that have a direct (face-to-face)or indirect influence on his/her attitudes or behavior.

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With respect to understanding consumer behavior,there are four key psychological processes.All of the following would be among those processes EXCEPT ________.

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In marketing,________ are more important than reality because they affect consumers' actual behavior.

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Selective attention is the tendency to interpret information in a way that will fit our preconceptions.

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Psychogenic needs arise from physiological states of tension such as hunger or discomfort.

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Steve has only 20 minutes to get lunch.Although he really likes McDonald's,the line is very long and he is concerned that he will not have a chance to get through the line and eat his lunch before he is due back at work.Steve perceives ________ in going to McDonald's today.

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A major shift in buying patterns is an increase in the amount of dollars spent and the direct and indirect influence wielded by ________.

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A brand personality is the specific mix of human traits that may be attributed to a particular brand.

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