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Chapter 6: Analyzing Consumer Markets

GENERAL CONCEPT QUESTIONS

Multiple Choice

1.Marketers are always looking for emerging trends that suggest new marketing opportunities.
One such trend is the ―metrosexual.‖ Which of the following items would the metrosexual most
likely have some interest for?

a. An IBM computer.

b. Tickets to WWF wrestling.

c. Saxophone lessons.

d. An all-over body spray by Axe.

e. Cowboy boots made from elephant hide.

Answer: d                       Page: 173     Level of difficulty: Medium

2.________ is the study of how individuals, groups, and organizations select, buy, use, and
dispose of goods, services, ideas, or experiences to satisfy their needs and wants. a. Target
marketing

b. Psychographic segmentation

c. Psychology

d. Consumer behavior

f. Product differentiation

Answer: d       Page: 151      Level of difficulty: Easy

3. The fundamental determinant of a person’s wants and behavior is the person’s________.

a. psyche

b. national origin

c. culture

d. peer group
e. family tree

Answer: c        Page: 151       Level of difficulty: Medium

4. A child growing up in the United States is exposed to all of the following values
EXCEPT________.

a. achievement and success

b. activity

c. efficiency and practicality

d. the importance of the group in daily life

e. freedom

Answer: d        Page: 153       Level of difficulty: Medium

5. Which of the following would be the best illustration of a subculture?
a. A religion.
b. A group of close friends.
c. Your university.
d. A fraternity or sorority.
e. Your occupation.
Answer: a       Page: 153    Level of difficulty: Hard

6. With respect to facts about the American consumer, which of the following consumer
electronics is owned by the vast majority of consuming households with a 93 percent reporting
ownership?
a. A personal computer.
b. TiVo DVR.
c. A cellular phone.
d. A microwave oven.
e. A VCR.
Answer: e
Page: 152?      Level of difficulty: Hard

7. ________ is defined as being relatively homogeneous and enduring divisions in a society,
which are hierarchically ordered and whose members share similar values, interests, and
behavior.
a. Culture
b. Subculture
c. Social class
d. The family
e. A group
Answer: c      Page: 153      Level of difficulty: Medium

8. Social classes show distinct product and brand preferences in all the following
areas EXCEPT________.
a. clothing
b. home furnishings
c. leisure activities
d. automobiles
e. fast food
Answer: e        Page: 153     Level of difficulty: Medium

9. A person’s________ consist(s) of all the groups that have a direct (face-to-face) or
indirect influence on his/her attitudes or behavior.
a. culture
b. subculture
c. psychographics
d. reference groups
e. demographics
Answer: d       Page: 153      Level of difficulty: Medium

10. A(n)________ group is one whose values or behavior an individual rejects.
a. aspirational
b. disassociative
c. membership
d. primary
e. procreational
Answer: b       Page: 153   Level of difficulty: Easy

11. If a direct mail marketer wished to direct promotional efforts toward the family of ________,
efforts need to be directed toward parents and siblings of the family members.
a. orientation
b. procreation
c. immediacy
d. intimacy
e. reference
Answer: a       Page: 154      Level of difficulty: Medium

12. Expected to account for a quarter of the U.S. population by 2050,________ are the fastest
growing minority.
a. African Americans
b. Asian Americans
c. Hispanic Americans
d. European Americans
e. Arabic Americans
Answer: c      Page: 222      Level of difficulty: Easy
13. The dominant cohort, with respect to families, for the next fifty years may very well be
     the________ cohort.
     a. married-couple household
     b. single adults
     c. single seniors
     d. married seniors
     e. married-couples with parents living with them
     Answer: b       Page: 179    Level of difficulty: Hard

14. Husbands and wives display different decision-making roles in most families. The trend for
     dominant decision making in families is for________ to be responsible for most of the decisions.

     a. the husband
     b. the wife
     c. joint decision making (both husband and wife)
     d. holistic decision making
     e. child-oriented decision making
     Answer: c       Page: 179     Level of difficulty: Medium

     15. The Disney Channel has become the company’s cash cow for its ability to reach the
     underserved________ market—8- to 14-year-olds.
     a. teen
     b. twixt
     c. mid-
     d. tween
     e. young adult Answer: d Page: 154 Level of difficulty: Medium

     16. People choose products that reflect and communicate their role and actual or desired
     ________ in society.
     a. group
     b. status
     c. attitudes
     d. beliefs
     e. feelings
     Answer: b     Page: 155      Level of difficulty: Medium

     17. Consumption may be shaped by________ (such as marriage, childbirth, or divorce).
     a. the psychological life cycle
     b. the product life cycle
     c. the life/death life cycle
     d. post-puberty cycles
     e. critical life events or transitions
     Answer: e         Page: 156     Level of difficulty: Medium

     18. Product choice is greatly affected by economic circumstances. All of the following would be
     among those circumstances EXCEPT________.
a. spendable income

     b. savings and assets

     c. debts

     d. occupation
     e. borrowing power
     Answer: d     Page: 156        Level of difficulty: Easy

     19.________ is a set of distinguishing human psychological traits that lead to relatively
     consistent and enduring responses to environmental stimuli.
     a. Image
     b. Personality
     c. Beliefs
     d. Heredity
     e. Culture
     Answer: b      Page: 156      Level of difficulty: Medium

     20. When the Marlboro Man was depicted in advertising as a rugged outdoor, tough cowboy
     type, this was done to establish what is called a________.
     a. trademark
     b. brand name
     c. brand personality
     d. psychological approach to advertising
     e. brand reference
     Answer: c       Page: 157      Level of difficulty: Medium

     21.________ portrays the ―whole person‖ interacting with his or her environment.
     a. Attitude
     b. Reference group
     c. Lifestyle
     d. Culture
     e. Subculture
     Answer: c
     Page: 157      Level of difficulty: Medium

22. Consumers today are experiencing a time famine because of their busy lifestyles. One way to
     avoid the difficulties of time famine, which is of particular interest to marketers, is________.

     a. to set fewer goals
     b. to multitask
     c. to give in to personal burdens
     d. to report frustration to management
     e. to develop a callous attitude toward marketers
     Answer: b        Page: 158      Level of difficulty: Hard
23. With respect to understanding consumer behavior, there are four key psychological
     processes. All of the following would be among those processes EXCEPT
     ________.
     a. motivation
     b. perception
     c. learning
     d. self-reliance
     e. memory
     Answer: d       Page: 160     Level of difficulty: Easy

24. A________ when it is aroused to a sufficient level of intensity.
     a. need becomes a motive
     b. motive becomes a need
     c. desire becomes a reality
     d. unfulfilled demand becomes a crisis
     e. personal demand exceeds the ability to rationally reject

     Answer: a      Page: 160      Level of difficulty: Hard

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

     a. Abraham Maslow
     b. Frederick Herzberg
     c. Sigmund Freud
     d. John Cacioppo
     e. Karl Marx
     Answer: c     Page: 160       Level of difficulty: Medium

     26. Frederick Herzberg developed a________ that distinguishes dissatisfiers and satisfiers.
     a. trait-role theory
     b. psychological constraint theory
     c. probability scale
     d. leadership model
     e. two-factor theory
     Answer: e        Page: 161     Level of difficulty: Medium

     27. At the top of Maslow’s hierarchy of needs (shown as a pyramid in the text) are
     ________needs .
     a. esteem
     b. self-actualization
     c. social
     d. safety
     e. physiological
     Answer: b       Page: 161    Level of difficulty: Medium
28. It has been estimated that the average person is exposed to over________ ads or brand
     communications a day.
     a. 1,500
     b. 1,300
     c. 1,000
     d. 800
     e. 500
     Answer: a       Page: 162      Level of difficulty: Hard

     29.________ is the tendency to interpret information in a way that will fit our preconceptions.
     a. Selective retention
     b. Cognitive dissonance
     c. Selective distortion
     d. Subliminal perception
     e. Discrimination
     Answer: c       Page: 162    Level of difficulty: Medium

30. A cigarette ad has a picture of a young man laying on his back and dreamily looking at clouds in
     the sky. Though not readily obvious to the casual reader, there is a message in the clouds that
     says ―r-e-l-a-x.‖ This would be an example of which of the following?

     a. Selective distortion
     b. Cognitive dissonance
     c. Selective retention
     d. Subliminal perception
     e. Short-term memory
     Answer: d       Page: 163     Level of difficulty: Hard

     31. A________ is a strong internal stimulus impelling action.
     a. cue
     b. drive
     c. reinforcement
     d. discrimination
     e. belief
     Answer: b      Page: 163     Level of difficulty: Medium

     32.________ teaches marketers that they can build demand for a product by associating it with
     strong drives, using motivating cues, and providing positive reinforcement
     a. Demand theory
     b. Learning theory
     c. Economic theory
     d. Psychological theory
     e. Demographic theory
     Answer: b       Page: 163     Level of difficulty: Medium
33. As Rita scans the yellow pages section of her phone book looking for a florist, she sees several
     others products and services advertised. Though interesting on first glance, she quickly returns to
     her primary task of finding a florist. The items that distracted her from her search were most
     likely stored in which of the following types of memory?

     a. Short-term memory
     b. Long-term memory
     c. Middle memory
     d. Subconscious memory
     e. Subliminal memory
     Answer: a      Page: 163        Level of difficulty: Medium
     34. Brand associations consist of all the brand-related thoughts, feelings, perceptions, images,
     experiences, beliefs, attitudes, and so on that become linked to the brand ________.
     a. stimulus
     b. link
     c. connection
     d. personality
     e. node
     Answer: e      Page: 164        Level of difficulty: Hard

     35. In general, the more attention placed on the meaning of information during ________, the
     stronger the resulting associations in memory will be.
     a. encoding
     b. decoding
     c. classification
     d. retrieval
     e. memorization
     Answer: a        Page: 165     Level of difficulty: Medium

     36. Repeated exposures to information provide greater opportunity for processing and thus the
     potential for________.
     a. more profits
     b. more sales
     c. stronger associations
     d. increased brand personality
     e. more one-to-one relationships
     Answer: c       Page: 165     Level of difficulty: Medium

     37. Cognitive psychologists believe that memory is________, so that once information becomes
     stored in memory, its strength of association decays very slowly.
     a. very limited
     b. somewhat limited
     c. fluid
     d. often reflective
     e. extremely durable
     Answer: e        Page: 166    Level of difficulty: Medium
38. The five-stage model of the consumer buying process includes all of the following stages
EXCEPT________.
a. problem recognition
b. information search
c. social interaction
d. purchase decision
e. influencer
Answer: c       Page: 166     Level of difficulty: Easy

44.With respect to consumer decision making, the________ is the set of strong contenders from
which one will be chosen as a supplier of a good or service.
a. total set
b. awareness set
c. consideration set
d. choice set
e. decision set
Answer: d       Page: 168    Level of difficulty: Medium

45.A(n)________ is a descriptive thought that a person holds about something.
a. attitude
b. belief
c. desire
d. feeling
e. emotion
Answer: b    Page: 168      Level of difficulty: Medium

46. A(n)________ puts people into a frame of mind: liking or disliking an object, moving
toward or away from it.
a. attitude
b. belief
c. feeling
d. position
e. stance
Answer: a     Page: 168     Level of difficulty: Medium

47. The expectancy-value model of attitude formation posits that consumers evaluate products
and services by combining their________.
a. needs
b. wants
c. desires
d. brand beliefs
e. consuming attitudes
Answer: d      Page: 169     Level of difficulty: Medium
48. All of the following would be considered to be strategies for approaching consumers who had
     rejected your company’s model of a product for another competitive brand EXCEPT________.

     a. redesign your company’s product
     b. alter beliefs about your company’s brand
     c. covertly alter the qualitative data about your product
     d. alter beliefs about competitors’ brands
     e. call attention to neglected attributes
     Answer: c        Pages: 170     Level of difficulty: Medium

49. Customer value analysis reveals the company’s strengths and weaknesses relative to various
     competitors. Which of the following would be considered to be the first step in this process?

     a. Monitor customer values over time.
     b. Assess the quantitative importance of the different attributes.
     c. Assess the company and competitors’ performances on customer values.
     d. Identify the major attributes customers value.
     e. Examine customer ratings of the company and competitors.
     Answer: d      Page: 196      Level of difficulty: Medium

     50. With respect to consumer purchase intention, all of the following would be among the sub-
     decisions made by consumers EXCEPT________.
     a. emotional value
     b. brand
     c. dealer
     d. timing
     e. payment method
     Answer: a     Pages: 196–197        Level of difficulty: Medium

51. With the________ heuristic, the consumer sets a minimum acceptable cutoff level for each
     attribute and chooses the first alternative that meets the minimum standard for all attributes.

     a. conjunctive
     b. lexicographic
     c. elimination-by-aspects
     d. primary
     e. secondary
     Answer: a      Pages: 170      Level of difficulty: Hard

     52. Even if consumers form brand evaluations, two general factors can intervene between the
     purchase intention and the purchase decision. One of these is unanticipated situational factors.
     What is the second factor?

     a. Amount of purchasing power.
     b. Attitudes of others.
c. Short-term memory capabilities.
d. Ability to return merchandise.
e. The self-concept.
Answer: b       Pages: 170    Level of difficulty: Medium

53.________ risk occurs if the product fails to perform up to expectations.

a. Physical
b. Financial
c. Social
d. Psychological
e. Functional
Answer: e     Page: 171       Level of difficulty: Hard

54.If performance meets consumer expectations, the consumer is________.
a. delighted
b. satisfied
c. disappointed
d. surprised
e. overwhelmed
Answer: b
Page: 172      Level of difficulty: Easy

55. A key driver of sales frequency is the________ rate.
a. product consumption
b. disposal
c. refusal
d. utility
e. option
Answer: a      Page: 172       Level of difficulty: Easy

56.The level of engagement and active processing undertaken by the consumer in responding to
a marketing stimulus is called________.
a. elaboration likelihood
b. consumer disengagement
c. consumer involvement
d. variety-seeking
e. low-involvement
Answer: c       Page: 173     Level of difficulty: Medium

57.If a consumer is persuaded to buy a product by a message that requires little thought and is
based on an association with a brand’s positive consumption experiences from the past, the
consumer used a________ to arrive at this purchase decision.
a. central route
b. peripheral route
c. behavioral route
d. subjective route
     e. objective route
     Answer: b       Page: 173     Level of difficulty: Hard

     58. With the________, predictions of usage are based on quickness and ease of use.
     a. availability heuristic
     b. representative heuristic
     c. anchoring heuristic
     d. adjustment heuristic
     e. semantic heuristic
     Answer: a       Page: 174   Level of difficulty: Medium

59. Ben always reaches for the bright blue and yellow box of Ritz crackers when he visits the snack
     food aisle in the grocery store. He rarely even reads the box or checks the price. Which of the
     following heuristics is most likely being used by Ben?

     a. Availability
     b. Representative
     c. Anchoring
     d. Adjustment
     e. Semantic
     Answer: b       Page: 175     Level of difficulty: Hard

     60.________ refers to the manner by which consumers code, categorize, and evaluate financial
     outcomes of choices.
     a. Cost accounting
     b. Financial accounting
     c. Behavioral accounting
     d. Mental accounting
     e. Factual accounting
     Answer: d      Page: 176     Level of difficulty: Medium

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Ch6

  • 1. Chapter 6: Analyzing Consumer Markets GENERAL CONCEPT QUESTIONS Multiple Choice 1.Marketers are always looking for emerging trends that suggest new marketing opportunities. One such trend is the ―metrosexual.‖ Which of the following items would the metrosexual most likely have some interest for? a. An IBM computer. b. Tickets to WWF wrestling. c. Saxophone lessons. d. An all-over body spray by Axe. e. Cowboy boots made from elephant hide. Answer: d Page: 173 Level of difficulty: Medium 2.________ is the study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and wants. a. Target marketing b. Psychographic segmentation c. Psychology d. Consumer behavior f. Product differentiation Answer: d Page: 151 Level of difficulty: Easy 3. The fundamental determinant of a person’s wants and behavior is the person’s________. a. psyche b. national origin c. culture d. peer group
  • 2. e. family tree Answer: c Page: 151 Level of difficulty: Medium 4. A child growing up in the United States is exposed to all of the following values EXCEPT________. a. achievement and success b. activity c. efficiency and practicality d. the importance of the group in daily life e. freedom Answer: d Page: 153 Level of difficulty: Medium 5. Which of the following would be the best illustration of a subculture? a. A religion. b. A group of close friends. c. Your university. d. A fraternity or sorority. e. Your occupation. Answer: a Page: 153 Level of difficulty: Hard 6. With respect to facts about the American consumer, which of the following consumer electronics is owned by the vast majority of consuming households with a 93 percent reporting ownership? a. A personal computer. b. TiVo DVR. c. A cellular phone. d. A microwave oven. e. A VCR. Answer: e Page: 152? Level of difficulty: Hard 7. ________ is defined as being relatively homogeneous and enduring divisions in a society, which are hierarchically ordered and whose members share similar values, interests, and behavior. a. Culture b. Subculture c. Social class d. The family e. A group
  • 3. Answer: c Page: 153 Level of difficulty: Medium 8. Social classes show distinct product and brand preferences in all the following areas EXCEPT________. a. clothing b. home furnishings c. leisure activities d. automobiles e. fast food Answer: e Page: 153 Level of difficulty: Medium 9. A person’s________ consist(s) of all the groups that have a direct (face-to-face) or indirect influence on his/her attitudes or behavior. a. culture b. subculture c. psychographics d. reference groups e. demographics Answer: d Page: 153 Level of difficulty: Medium 10. A(n)________ group is one whose values or behavior an individual rejects. a. aspirational b. disassociative c. membership d. primary e. procreational Answer: b Page: 153 Level of difficulty: Easy 11. If a direct mail marketer wished to direct promotional efforts toward the family of ________, efforts need to be directed toward parents and siblings of the family members. a. orientation b. procreation c. immediacy d. intimacy e. reference Answer: a Page: 154 Level of difficulty: Medium 12. Expected to account for a quarter of the U.S. population by 2050,________ are the fastest growing minority. a. African Americans b. Asian Americans c. Hispanic Americans d. European Americans e. Arabic Americans Answer: c Page: 222 Level of difficulty: Easy
  • 4. 13. The dominant cohort, with respect to families, for the next fifty years may very well be the________ cohort. a. married-couple household b. single adults c. single seniors d. married seniors e. married-couples with parents living with them Answer: b Page: 179 Level of difficulty: Hard 14. Husbands and wives display different decision-making roles in most families. The trend for dominant decision making in families is for________ to be responsible for most of the decisions. a. the husband b. the wife c. joint decision making (both husband and wife) d. holistic decision making e. child-oriented decision making Answer: c Page: 179 Level of difficulty: Medium 15. The Disney Channel has become the company’s cash cow for its ability to reach the underserved________ market—8- to 14-year-olds. a. teen b. twixt c. mid- d. tween e. young adult Answer: d Page: 154 Level of difficulty: Medium 16. People choose products that reflect and communicate their role and actual or desired ________ in society. a. group b. status c. attitudes d. beliefs e. feelings Answer: b Page: 155 Level of difficulty: Medium 17. Consumption may be shaped by________ (such as marriage, childbirth, or divorce). a. the psychological life cycle b. the product life cycle c. the life/death life cycle d. post-puberty cycles e. critical life events or transitions Answer: e Page: 156 Level of difficulty: Medium 18. Product choice is greatly affected by economic circumstances. All of the following would be among those circumstances EXCEPT________.
  • 5. a. spendable income b. savings and assets c. debts d. occupation e. borrowing power Answer: d Page: 156 Level of difficulty: Easy 19.________ is a set of distinguishing human psychological traits that lead to relatively consistent and enduring responses to environmental stimuli. a. Image b. Personality c. Beliefs d. Heredity e. Culture Answer: b Page: 156 Level of difficulty: Medium 20. When the Marlboro Man was depicted in advertising as a rugged outdoor, tough cowboy type, this was done to establish what is called a________. a. trademark b. brand name c. brand personality d. psychological approach to advertising e. brand reference Answer: c Page: 157 Level of difficulty: Medium 21.________ portrays the ―whole person‖ interacting with his or her environment. a. Attitude b. Reference group c. Lifestyle d. Culture e. Subculture Answer: c Page: 157 Level of difficulty: Medium 22. Consumers today are experiencing a time famine because of their busy lifestyles. One way to avoid the difficulties of time famine, which is of particular interest to marketers, is________. a. to set fewer goals b. to multitask c. to give in to personal burdens d. to report frustration to management e. to develop a callous attitude toward marketers Answer: b Page: 158 Level of difficulty: Hard
  • 6. 23. With respect to understanding consumer behavior, there are four key psychological processes. All of the following would be among those processes EXCEPT ________. a. motivation b. perception c. learning d. self-reliance e. memory Answer: d Page: 160 Level of difficulty: Easy 24. A________ when it is aroused to a sufficient level of intensity. a. need becomes a motive b. motive becomes a need c. desire becomes a reality d. unfulfilled demand becomes a crisis e. personal demand exceeds the ability to rationally reject Answer: a Page: 160 Level of difficulty: Hard 25.________ assumed that the psychological forces shaping people’s behavior are largely unconscious, and that a person cannot fully understand his or her own motivations. a. Abraham Maslow b. Frederick Herzberg c. Sigmund Freud d. John Cacioppo e. Karl Marx Answer: c Page: 160 Level of difficulty: Medium 26. Frederick Herzberg developed a________ that distinguishes dissatisfiers and satisfiers. a. trait-role theory b. psychological constraint theory c. probability scale d. leadership model e. two-factor theory Answer: e Page: 161 Level of difficulty: Medium 27. At the top of Maslow’s hierarchy of needs (shown as a pyramid in the text) are ________needs . a. esteem b. self-actualization c. social d. safety e. physiological Answer: b Page: 161 Level of difficulty: Medium
  • 7. 28. It has been estimated that the average person is exposed to over________ ads or brand communications a day. a. 1,500 b. 1,300 c. 1,000 d. 800 e. 500 Answer: a Page: 162 Level of difficulty: Hard 29.________ is the tendency to interpret information in a way that will fit our preconceptions. a. Selective retention b. Cognitive dissonance c. Selective distortion d. Subliminal perception e. Discrimination Answer: c Page: 162 Level of difficulty: Medium 30. A cigarette ad has a picture of a young man laying on his back and dreamily looking at clouds in the sky. Though not readily obvious to the casual reader, there is a message in the clouds that says ―r-e-l-a-x.‖ This would be an example of which of the following? a. Selective distortion b. Cognitive dissonance c. Selective retention d. Subliminal perception e. Short-term memory Answer: d Page: 163 Level of difficulty: Hard 31. A________ is a strong internal stimulus impelling action. a. cue b. drive c. reinforcement d. discrimination e. belief Answer: b Page: 163 Level of difficulty: Medium 32.________ teaches marketers that they can build demand for a product by associating it with strong drives, using motivating cues, and providing positive reinforcement a. Demand theory b. Learning theory c. Economic theory d. Psychological theory e. Demographic theory Answer: b Page: 163 Level of difficulty: Medium
  • 8. 33. As Rita scans the yellow pages section of her phone book looking for a florist, she sees several others products and services advertised. Though interesting on first glance, she quickly returns to her primary task of finding a florist. The items that distracted her from her search were most likely stored in which of the following types of memory? a. Short-term memory b. Long-term memory c. Middle memory d. Subconscious memory e. Subliminal memory Answer: a Page: 163 Level of difficulty: Medium 34. Brand associations consist of all the brand-related thoughts, feelings, perceptions, images, experiences, beliefs, attitudes, and so on that become linked to the brand ________. a. stimulus b. link c. connection d. personality e. node Answer: e Page: 164 Level of difficulty: Hard 35. In general, the more attention placed on the meaning of information during ________, the stronger the resulting associations in memory will be. a. encoding b. decoding c. classification d. retrieval e. memorization Answer: a Page: 165 Level of difficulty: Medium 36. Repeated exposures to information provide greater opportunity for processing and thus the potential for________. a. more profits b. more sales c. stronger associations d. increased brand personality e. more one-to-one relationships Answer: c Page: 165 Level of difficulty: Medium 37. Cognitive psychologists believe that memory is________, so that once information becomes stored in memory, its strength of association decays very slowly. a. very limited b. somewhat limited c. fluid d. often reflective e. extremely durable Answer: e Page: 166 Level of difficulty: Medium
  • 9. 38. The five-stage model of the consumer buying process includes all of the following stages EXCEPT________. a. problem recognition b. information search c. social interaction d. purchase decision e. influencer Answer: c Page: 166 Level of difficulty: Easy 44.With respect to consumer decision making, the________ is the set of strong contenders from which one will be chosen as a supplier of a good or service. a. total set b. awareness set c. consideration set d. choice set e. decision set Answer: d Page: 168 Level of difficulty: Medium 45.A(n)________ is a descriptive thought that a person holds about something. a. attitude b. belief c. desire d. feeling e. emotion Answer: b Page: 168 Level of difficulty: Medium 46. A(n)________ puts people into a frame of mind: liking or disliking an object, moving toward or away from it. a. attitude b. belief c. feeling d. position e. stance Answer: a Page: 168 Level of difficulty: Medium 47. The expectancy-value model of attitude formation posits that consumers evaluate products and services by combining their________. a. needs b. wants c. desires d. brand beliefs e. consuming attitudes Answer: d Page: 169 Level of difficulty: Medium
  • 10. 48. All of the following would be considered to be strategies for approaching consumers who had rejected your company’s model of a product for another competitive brand EXCEPT________. a. redesign your company’s product b. alter beliefs about your company’s brand c. covertly alter the qualitative data about your product d. alter beliefs about competitors’ brands e. call attention to neglected attributes Answer: c Pages: 170 Level of difficulty: Medium 49. Customer value analysis reveals the company’s strengths and weaknesses relative to various competitors. Which of the following would be considered to be the first step in this process? a. Monitor customer values over time. b. Assess the quantitative importance of the different attributes. c. Assess the company and competitors’ performances on customer values. d. Identify the major attributes customers value. e. Examine customer ratings of the company and competitors. Answer: d Page: 196 Level of difficulty: Medium 50. With respect to consumer purchase intention, all of the following would be among the sub- decisions made by consumers EXCEPT________. a. emotional value b. brand c. dealer d. timing e. payment method Answer: a Pages: 196–197 Level of difficulty: Medium 51. With the________ heuristic, the consumer sets a minimum acceptable cutoff level for each attribute and chooses the first alternative that meets the minimum standard for all attributes. a. conjunctive b. lexicographic c. elimination-by-aspects d. primary e. secondary Answer: a Pages: 170 Level of difficulty: Hard 52. Even if consumers form brand evaluations, two general factors can intervene between the purchase intention and the purchase decision. One of these is unanticipated situational factors. What is the second factor? a. Amount of purchasing power. b. Attitudes of others.
  • 11. c. Short-term memory capabilities. d. Ability to return merchandise. e. The self-concept. Answer: b Pages: 170 Level of difficulty: Medium 53.________ risk occurs if the product fails to perform up to expectations. a. Physical b. Financial c. Social d. Psychological e. Functional Answer: e Page: 171 Level of difficulty: Hard 54.If performance meets consumer expectations, the consumer is________. a. delighted b. satisfied c. disappointed d. surprised e. overwhelmed Answer: b Page: 172 Level of difficulty: Easy 55. A key driver of sales frequency is the________ rate. a. product consumption b. disposal c. refusal d. utility e. option Answer: a Page: 172 Level of difficulty: Easy 56.The level of engagement and active processing undertaken by the consumer in responding to a marketing stimulus is called________. a. elaboration likelihood b. consumer disengagement c. consumer involvement d. variety-seeking e. low-involvement Answer: c Page: 173 Level of difficulty: Medium 57.If a consumer is persuaded to buy a product by a message that requires little thought and is based on an association with a brand’s positive consumption experiences from the past, the consumer used a________ to arrive at this purchase decision. a. central route b. peripheral route c. behavioral route
  • 12. d. subjective route e. objective route Answer: b Page: 173 Level of difficulty: Hard 58. With the________, predictions of usage are based on quickness and ease of use. a. availability heuristic b. representative heuristic c. anchoring heuristic d. adjustment heuristic e. semantic heuristic Answer: a Page: 174 Level of difficulty: Medium 59. Ben always reaches for the bright blue and yellow box of Ritz crackers when he visits the snack food aisle in the grocery store. He rarely even reads the box or checks the price. Which of the following heuristics is most likely being used by Ben? a. Availability b. Representative c. Anchoring d. Adjustment e. Semantic Answer: b Page: 175 Level of difficulty: Hard 60.________ refers to the manner by which consumers code, categorize, and evaluate financial outcomes of choices. a. Cost accounting b. Financial accounting c. Behavioral accounting d. Mental accounting e. Factual accounting Answer: d Page: 176 Level of difficulty: Medium