Exam 6: Personality,lifestyles,and the Self-Concept

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Define personality and describe three distinct qualities exhibited by personality.

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Consumers with a high degree of innovativeness tend to engage in effortful cognitive information processing;they also tend to think carefully about products,problems,and even marketing messages.

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_____ refer(s)to the ways consumers live and spend their time and money.

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Bob spends most of his leisure time playing online games.He feels happy and satisfied only after he "beats" his online friends in a game.Which consumer behavior trait does Bob display?

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According to the psychoanalytic approach to personality,the superego:

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Consumer lifestyles are the same across cultures.

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Define trait.Differentiate between the nomothetic and idiographic approaches.

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Which of the following is true about PRIZM?

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Sandra is a tennis enthusiast.She is also an avid collector of sports memorabilia,and a frequent attendee to auctions where she buys items owned by the tennis stars of yesteryears.In this instance,Sandra expresses her ideal social self through her purchasing behavior.

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Which of the following represents the tendency for consumers to focus on maximizing what is received from a transaction as compared to what is given?

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In which of the following instances does value consciousness occur?

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THE BILLIONAIRE LIFESTYLE SCENARIO Philip, Joe and Ralph are all part of a billionaire's club in their city. They are all in their mid-40s, but with remarkably successful careers, they became billionaires within a very short period of time. Philip, the CEO of his own real-estate venture, started out as a dynamic entrepreneur who managed to make huge profits within two years of starting his business venture. He believes in living life luxuriously and lavishly. Joe, the CEO of an event management company, shares the same thought. Joe and Philip splurge on the latest cars and electronic gadgets in the market. They buy designer clothes, shoes and watches. They party at the best clubs in the city and are known to order customized suits for themselves from some of the best designers around the world. They also have a passion for traveling. They take time off from their work and visit exotic locations around the world, stay in the best hotels, and eat at expensive restaurants. But not all billionaires are like Philip and Joe; Ralph, the CEO of a chain of luxury hotels, used to be materialistic like the others. These days, he is no longer interested in living a lavish life and is rather keen on reducing his material consumption. He prefers living a simple life with his family, and rarely indulges himself like he used to do earlier. He feels that being too materialistic can not only lead to financial distress in the future, but also create problems in his personal life. Instead of partying like the others, he is often seen at charity events making donations. He wants to be known primarily for his contributions to the society and not for having an extravagant lifestyle. -Refer to The Billionaire Lifestyle Scenario.Philip's belief in living life the luxurious way indicates that he follows the _____ principle.

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Jenny is shy and afraid to speak to other people.She avoids going out with her friends and colleagues,preferring to read a book on her own rather than interacting with others.These emotions and behaviors that Jenny exhibits comprise her _____.

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When consumers feel very close to organizations,organizational identification is said to be present.

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The competitiveness trait can be defined as an enduring tendency to strive to be better than others.

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High self-monitors are not sensitive to the opinions of others.

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The trait approach takes an idiographic approach to personality.

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Psychographic techniques use quantitative methods that can be used in developing lifestyle profiles.

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Carl restricts himself to social drinking because he feels that drinking too much alcohol is not socially acceptable.According to the psychoanalytic approach,which of the following motivates him to match societal norms and expectations?

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_____ are observable,statistical aspects of populations including such factors as age,gender,or income.

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