Exam 3: Buyer Behaviors

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If an individual is directly affected by a purchase decision, then he/she will strive to gain more power in the business-to-business buying process.

(True/False)
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A new task purchasing decision involves:

(Multiple Choice)
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When a person does an internal search for product information and already has sufficient information, the next step of the purchase decision process will be to:

(Multiple Choice)
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Strong brands are not as important in the global market because price is often the deciding factor.

(True/False)
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Individuals perform only one role in the buying center, but there can be more than one individual involved in any particular role.

(True/False)
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An attitude consists of three components. Name and describe each component.

(Essay)
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Once a firm has carefully studied all of the vendors, bids have been considered, and the vendor audit has been conducted, the next step in the business-to-business buying process is:

(Multiple Choice)
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Consumer values are loosely held attitudes about various topics or concepts.

(True/False)
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A company has reached the end of a contractual agreement with a vendor and wants to open it up for bid again before signing a new contract. This type of purchase situation is a:

(Multiple Choice)
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When members of the buying center agree to consider IBM, Dell, and Hewlett-Packard in purchasing new computers because they are the firms that expressed interest, which stage of the business-to-business buying process is taking place?

(Multiple Choice)
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In terms of an external search for information in a purchase decision, the need for cognition is:

(Multiple Choice)
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In terms of personality, an introvert is likely to display each of the following characteristics within the buying center except:

(Multiple Choice)
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An organizational factor that impacts the manner in which a purchase decision is made includes the:

(Multiple Choice)
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The set of brands a person will not consider due to negative feelings is the ________ set.

(Multiple Choice)
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Juan has a high school education and knows very little about digital cameras. Juan will most likely:

(Multiple Choice)
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The first step in the consumer decision-making process is:

(Multiple Choice)
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Marketing communications are less effective in changing a person's attitude about a product than they are in changing a consumer's value structure.

(True/False)
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In the business buying center, buyers are given formal responsibility for making the purchase while deciders are the individuals who authorize those decisions.

(True/False)
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The member of the buying center who is most likely to let the group know that some alternative companies have already been rejected is the:

(Multiple Choice)
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________ is the mental position a person takes about a topic, person, or event.

(Multiple Choice)
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