Question 1

The family life cycle concept refers to

Accepted Answer

A)  the distinct phases a family progresses through from the birth of children to when the children leave home,each phase bringing with it identifiable purchasing behaviors.
B)  the distinct phases a family progresses through from the birth of children to retirement,each phase bringing with it identifiable purchasing behaviors.
C)  the distinct phases a blended family progresses through from marriage to separation,divorce,and remarriage,each phase bringing with it identifiable purchasing behaviors.
D)  the distinct phases a family progresses through from formation to retirement,each phase bringing with it identifiable purchasing behaviors.
E)  the intergenerational purchasing habits and product preferences that are passed down from one generation to the next.F) C) and D)
G) A) and E)

Question 2

Which of the following statements about family decision making is most accurate?

Accepted Answer

A)  The use of joint decision making is directly related to the educational levels achieved by the spouses.
B)  Husbands make most of the purchase decisions made about cars,vacation,and homes.
C)  The two types of family decision making are joint and autonomous.
D)  With autonomous decision making,the husband would make all the decisions about groceries,medicine,and car maintenance.
E)  Women have little influence when it comes to men's clothing purchases except for socks or ties.F) C) and D)
G) A) and B)

Question 3

Sanaa recently made partner at her law firm,and she is rewarding herself with the purchase of the new car.She was overheard telling a coworker,"The Volvo has nine airbags but the Cadillac drives so smoothly." Sanaa is currently in which stage of the purchase decision process?

Accepted Answer

A)  problem recognition
B)  information search
C)  alternative evaluation
D)  purchase decision
E)  postpurchase evaluationF) B) and E)
G) A) and D)

Question 4

You have determined you want to buy an advanced hybrid vehicle,and a visit to Ford's website has revealed that the Ford Escape uses hybrid fuel technology with the latest in technology.You are currently in which stage of the consumer purchase decision process for an automobile?

Accepted Answer

A)  problem recognition
B)  needs analysis
C)  purchase decision
D)  information search
E)  postpurchase evaluationF) A) and E)
G) B) and E)

Question 5

The VALS framework is an example of

Accepted Answer

A)  a personality assessment.
B)  cognitive learning theory.
C)  a psychographic system.
D)  a study on the hierarchy of needs.
E)  geodemographic segmentation.F) B) and D)
G) C) and D)

Question 6

The process by which people acquire the skills,knowledge,and attitudes necessary to function as consumers is referred to as __________.

Accepted Answer

A)  consumer assimilation
B)  consumer socialization
C)  consumer lifestyle
D)  purchasing socialization
E)  purchasing enculturationF) C) and D)
G) A) and B)

Question 7

Marketers recognize that people have an actual self-concept and __________.

Accepted Answer

A)  a view of self determined by their peers
B)  a view of self determined by psychology
C)  an abstract self-concept
D)  an ideal self-concept
E)  an inconsistent self-conceptF) C) and D)
G) A) and E)

Question 8

Which of the following statements about how women buy cars today is most accurate?

Accepted Answer

A)  Women are more concerned with features that would help survive an accident; men are more concerned with features that would help avoid an accident.
B)  Women have definite likes or dislikes when buying a car,but they don't feel comfortable expressing their opinions.
C)  When it comes to the actual purchase process,women are more adept negotiators than men.
D)  Women care more about exterior styles and lines and men are more concerned with cargo space and gas mileage.
E)  Women usually shop one dealership before making a decision and men usually shop three.F) D) and E)
G) A) and C)

Question 9

Which of the following is NOT 
part of the physical surroundings of a retail store that can influence how purchase decisions are made?

Accepted Answer

A)  decor
B)  crowding
C)  lighting
D)  music
E)  time of dayF) B) and E)
G) All of the above

Question 10

Edison noticed that the prices at a new video game rental website was lower than the prices at most of the other of these types of websites or retail stores such as Game Stop.He is exhibiting

Accepted Answer

A)  cognitive dissonance.
B)  selective retention.
C)  stimulus discrimination.
D)  selective comprehension.
E)  stimulus generalization.F) A) and B)
G) A) and E)

Question 11

The VALS framework segments consumers based on

Accepted Answer

A)  their primary motivation for buying products and their resources.
B)  their demographics and their preferred shopping channel.
C)  their product usage,age,and gender.
D)  where they live and their median home price.
E)  their media usage and education level.F) None of the above
G) C) and E)

Question 12

Motivation refers to

Accepted Answer

A)  the stimulus required to cause a consumer to do something uncharacteristic of himself.
B)  the energizing force that stimulates behavior to satisfy a consumer need.
C)  a person's consistent behaviors or responses to recurring situations.
D)  the way people see themselves and the way they believe others see them.
E)  a learned predisposition to respond to an object or class of objects in a consistently favorable or unfavorable way.F) A) and B)
G) None of the above

Question 13

In the VALS framework,a person's resources include all of the following EXCEPT:

Accepted Answer

A)  material
B)  physical
C)  temporal
D)  psychological
E)  demographicF) A) and B)
G) B) and D)

Question 14

The question,"Which brand of smartphone does my roommate own?",would be asked during the __________ stage in the consumer purchase decision process.

Accepted Answer

A)  problem recognition
B)  alternative evaluation
C)  information search
D)  purchase decision
E)  comparisonF) All of the above
G) C) and E)

Question 15

The information search stage clarifies the problem for the consumer by: (1) suggesting criteria to use for the purchase; (2) yielding brand names that might meet the criteria; and (3) __________.

Accepted Answer

A)  developing consumer value perceptions.
B)  evaluating particular products
C)  selecting the type of retail outlet.
D)  establishing a purchase timeline.
E)  creating a hierarchy of needs.F) C) and D)
G) B) and C)

Question 16

Claire has just told her best friend,"I'm so glad I bought the Samsung Galaxy S III rather than those other smartphones I was considering.Look at this incredible display,and the battery stays charged forever." Which stage of the consumer purchase decision process is demonstrated by Claire's conversation?

Accepted Answer

A)  problem recognition
B)  information search
C)  alternative evaluation
D)  purchase decision
E)  postpurchase behaviorF) B) and E)
G) D) and E)

Question 17

Which of the following statements about brand loyalty is most accurate?

Accepted Answer

A)  Learning has little affect on brand loyalty because most habits are instinctual.
B)  Brand loyalty increases the perceived risk associated with impulse purchases.
C)  The incidence of brand loyalty is steadily rising in North America.
D)  Brand loyalty results from the positive reinforcement of previous actions.
E)  The best way to enhance brand loyalty is to brand all new products with the same brand name.F) A) and E)
G) A) and C)

Question 18

Which of the following statements about psychographics is most accurate?

Accepted Answer

A)  Psychographics is unable to provide actionable information about potential customers since the data obtained from the research is too subjective to be reliably interpreted and acted upon.
B)  Although helpful in segmenting markets,psychographics is limited in its ability to target consumers.
C)  Psychographics combines demographic data,psychological data,and actual spending data of consumers to create VALS profiles.
D)  Psychographics combines psychology,lifestyle,and demographics to uncover consumer motivations for buying and using offerings.
E)  Psychographic data is extremely vulnerable to current social trends and therefore is best suited to new market-product combinations rather than existing ones.F) A) and E)
G) A) and C)

Question 19

Scanning your memory for previous experiences with products or brands occurs during which stage of the consumer purchase decision process?

Accepted Answer

A)  information search
B)  purchase decision
C)  alternative evaluation
D)  postpurchase behavior
E)  problem recognitionF) All of the above
G) A) and D)

Question 20

In the VALS framework,consumers who enjoy the new,the offbeat,and the risky as well as find outlets in exercise,sports,outdoor recreation,and social activities are referred to as __________.

Accepted Answer

A)  Believers
B)  Strivers
C)  Achievers
D)  Makers
E)  ExperiencersF) A) and C)
G) A) and E)

Exam 4: Understanding Consumer Behavior

Marketers recognize that people have an actual self-concept and __________.

Correct Answer
verified

Scanning your memory for previous experiences with products or brands occurs during which stage of the consumer purchase decision process?

Correct Answer
verified

Which of the following statements about how women buy cars today is most accurate?

Correct Answer
verified

Which of the following statements about brand loyalty is most accurate?

Correct Answer
verified

The question,"Which brand of smartphone does my roommate own?",would be asked during the __________ stage in the consumer purchase decision process.

Correct Answer
verified

Which of the following statements about family decision making is most accurate?

Correct Answer
verified

The information search stage clarifies the problem for the consumer by: (1) suggesting criteria to use for the purchase; (2) yielding brand names that might meet the criteria; and (3) __________.

Correct Answer
verified

Edison noticed that the prices at a new video game rental website was lower than the prices at most of the other of these types of websites or retail stores such as Game Stop.He is exhibiting

Correct Answer
verified

Motivation refers to

Correct Answer
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The VALS framework segments consumers based on

Correct Answer
verified

In the VALS framework,a person's resources include all of the following EXCEPT:

Correct Answer
verified

Sanaa recently made partner at her law firm,and she is rewarding herself with the purchase of the new car.She was overheard telling a coworker,"The Volvo has nine airbags but the Cadillac drives so smoothly." Sanaa is currently in which stage of the purchase decision process?

Correct Answer
verified

Correct Answer
verified

The family life cycle concept refers to

Correct Answer
verified

The VALS framework is an example of

Correct Answer
verified

The process by which people acquire the skills,knowledge,and attitudes necessary to function as consumers is referred to as __________.

Correct Answer
verified

You have determined you want to buy an advanced hybrid vehicle,and a visit to Ford's website has revealed that the Ford Escape uses hybrid fuel technology with the latest in technology.You are currently in which stage of the consumer purchase decision process for an automobile?

Correct Answer
verified

In the VALS framework,consumers who enjoy the new,the offbeat,and the risky as well as find outlets in exercise,sports,outdoor recreation,and social activities are referred to as __________.

Correct Answer
verified

Which of the following statements about psychographics is most accurate?

Correct Answer
verified

Which of the following is NOT part of the physical surroundings of a retail store that can influence how purchase decisions are made?

Correct Answer
verified

Exam 4: Understanding Consumer Behavior

Marketers recognize that people have an actual self-concept and __________.

Correct AnswerverifiedShow Answer

Scanning your memory for previous experiences with products or brands occurs during which stage of the consumer purchase decision process?

Correct AnswerverifiedShow Answer

Which of the following statements about how women buy cars today is most accurate?

Correct AnswerverifiedShow Answer

Which of the following statements about brand loyalty is most accurate?

Correct AnswerverifiedShow Answer

The question,"Which brand of smartphone does my roommate own?",would be asked during the __________ stage in the consumer purchase decision process.

Correct AnswerverifiedShow Answer

Which of the following statements about family decision making is most accurate?

Correct AnswerverifiedShow Answer

The information search stage clarifies the problem for the consumer by: (1) suggesting criteria to use for the purchase; (2) yielding brand names that might meet the criteria; and (3) __________.

Correct AnswerverifiedShow Answer

Edison noticed that the prices at a new video game rental website was lower than the prices at most of the other of these types of websites or retail stores such as Game Stop.He is exhibiting

Correct AnswerverifiedShow Answer

Motivation refers to

Correct AnswerverifiedShow Answer

The VALS framework segments consumers based on

Correct AnswerverifiedShow Answer

In the VALS framework,a person's resources include all of the following EXCEPT:

Correct AnswerverifiedShow Answer

Sanaa recently made partner at her law firm,and she is rewarding herself with the purchase of the new car.She was overheard telling a coworker,"The Volvo has nine airbags but the Cadillac drives so smoothly." Sanaa is currently in which stage of the purchase decision process?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

The family life cycle concept refers to

Correct AnswerverifiedShow Answer

The VALS framework is an example of

Correct AnswerverifiedShow Answer

The process by which people acquire the skills,knowledge,and attitudes necessary to function as consumers is referred to as __________.

Correct AnswerverifiedShow Answer

You have determined you want to buy an advanced hybrid vehicle,and a visit to Ford's website has revealed that the Ford Escape uses hybrid fuel technology with the latest in technology.You are currently in which stage of the consumer purchase decision process for an automobile?

Correct AnswerverifiedShow Answer

In the VALS framework,consumers who enjoy the new,the offbeat,and the risky as well as find outlets in exercise,sports,outdoor recreation,and social activities are referred to as __________.

Correct AnswerverifiedShow Answer

Which of the following statements about psychographics is most accurate?

Correct AnswerverifiedShow Answer

Which of the following is NOT part of the physical surroundings of a retail store that can influence how purchase decisions are made?

Correct AnswerverifiedShow Answer

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