Exam 6: Analyzing Consumer Markets

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Frederick Herzberg developed a ________ that distinguishes dissatisfiers and satisfiers.

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A(n)________ puts people into a frame of mind: liking or disliking an object,moving toward or away from it.

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Many consumer products brands advertise their products inside supermarkets and retail stores to promote the process of ________ and stimulate purchase.

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With respect to a consumer buying situation that involves variety-seeking behavior,the market leader can encourage variety seeking by offering lower prices or deals.

(True/False)
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Repeated exposures to information provide greater opportunity for processing and thus the potential for ________.

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What does the learning theory teach marketers about demand for products

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Heuristics can come into play when consumers forecast the likelihood of future outcomes or events.When would a consumer use an anchoring and adjustment heuristic

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Gordon Jones is considering purchasing a computer from Best Buy.He has created a scale whereby he has rated eight different computers on three different characteristics.Gordon has decided that for a computer to make his short-list,it must score at least a seven on his scale on all three characteristics.Describe the type of choice heuristic that Mr.Jones is using as he selects a computer.

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A ________ is a strong internal stimulus impelling action.

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The behavior people exhibit as they pass through certain life-cycle stages,such as becoming a parent,is largely fixed and does not change over time.

(True/False)
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Based on information provided in the text,which of the following trends has lead to increased household consumption

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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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The fundamental determinant of a person's wants and behavior is the person's ________.

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________ assumed that the psychological forces shaping people's behavior are largely unconscious,and that a person cannot fully understand his or her own motivations.

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Repeated exposures to information provide greater opportunity for processing and thus the potential for stronger associations.

(True/False)
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In the anchoring heuristic,the consumer bases his or her predictions on the quickness and ease with which a particular example of an outcome comes to mind.

(True/False)
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Explain the differences between culture,subculture,and social class.

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An example of a subculture would be a person's geographic region.

(True/False)
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Anne prefers Yoplait strawberry yogurt over other brands.When she decides to try a different flavor,she picks another Yoplait yogurt because she believes that,if the strawberry flavor is good,other Yoplait flavors must be good as well.This behavior is best described as ________.

(Multiple Choice)
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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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