Exam 4: Consumer and Social Well Being

The importance people attach to worldly possessions is known as ________.

When companies make False claims about how environmentally friendly their products are, ________ has occurred.

During ________, one consumer exchanges something she owns with someone else for something the other person owns.

Consumer addiction can occur with any product category, even lip balm.

Though the Organization for Economic Cooperation and Development (OECD) outlaws bribery in business practices, it is still common in ________.

So called "gripe sites" exist for consumers to publish ________ responses against products or stores with which they are dissatisfied.

People who suffer from compulsive consumption are most likely referred to as ________.

Participatory action research (PAR) is also known as ________.

Explain the Declaration of Consumer Rights and why it is still relevant to consumers today.

The underground economy refers to used product sellers who sell in secondary markets. It is thought to make up ________ of the US gross national product.

When someone steals your personal information and uses it without your permission, you have been the victim of ________.

Lateral cycling means reducing how much product one uses so there is less waste.

Is product disposal a consumer behavior issue or a public policy issue? Explain.

Third-party response options are easily available to today's consumers via networks like Yelp and Twitter.

When people deface products, it is an act of ________.

Green marketing refers to a strategy of promoting how environmentally friendly a product is.

Shopaholics suffer from compulsive consumption.

Consumers may have abandoned products in their homes because they bought for a specific purpose but then changed plans.

Why are disabilities among consumers an issue of concern for marketers?

Materialism refers to the importance people attach to the fabric used in their clothing.