Exam 3: Consumer Behavior: How People Make Buying Decisions

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Consumers engage in _____ for purchases that require a significant amount of information to be gathered prior to making a decision.

(Short Answer)
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Motivation refers to:

(Multiple Choice)
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Consumers engage in _____,which are automatic purchase decisions based on limited information or previously gathered information.

(Multiple Choice)
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To change the situational factor known as the _____,Neiman Marcus began introducing more mid-priced brands.

(Short Answer)
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Products that carry a low risk of failure and/or have a low price tag for a specific individual who is making the decision are known as _____.

(Short Answer)
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Consumers engage in limited problem solving when they already have some information about a good or service but continue to search for a bit more information.

(True/False)
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A group of people who have the same economic or educational status in society are known as a _____.

(Multiple Choice)
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The shared beliefs,customs,behaviors,and attitudes of a society are known as _____.

(Multiple Choice)
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Advertising meant to startle people to get their attention is _____,while advertising that is not apparent to consumers is _____.

(Multiple Choice)
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_____ involves purchases that occur with no planning or forethought.

(Short Answer)
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Define personality,then list and describe the "big five" personality traits.

(Essay)
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A deliberate effort by companies to make their products obsolete,or unusable,after a period of time is known as post-purchase dissonance.

(True/False)
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Purchasing a product with no planning or forethought is called _____.

(Multiple Choice)
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_____ is the process by which consumers change their behavior after they gain information or experience with a product.

(Short Answer)
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_____ are groups a consumer identifies with and wants to join.

(Multiple Choice)
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Market researchers believe people buy products to enhance how they feel about themselves.

(True/False)
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Consumer lifestyles include what they do,how they spend their time,what their priorities and values are,and how they see the world.

(True/False)
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The Worthington National Bank utilized an advertising campaign that played to consumers' _____ in relation to banks.

(Multiple Choice)
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Selective perception is the process whereby a person _____ information based on how relevant it is to them.

(Short Answer)
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How a person would like to view himself/herself is known as _____.

(Multiple Choice)
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