chap 10 (week 16-17) Flashcards

(51 cards)

1
Q

3 Levels of Consumer Decision Making

A

:Extensive Problem Solving
:Limited Problem Solving
:Routine Response Behaviour

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2
Q

: Purchasing situations that necessitate a significant amount of effort because the buyer has no prior experience or knowledge of the product or suppliers.

A

EXTENSIVE PROBLEM SOLVING

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3
Q

: Limited problem solving is used for products purchased occasionally or when buyers need to acquire information about an unfamiliar brand in a familiar product category.

A

LIMITED PROBLEM SOLVING

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4
Q

:Routine response behavior is a buying situation in which the buyer has had considerable past experience.

A

ROUTINE RESPONSE BEHAVIOUR

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5
Q

Types of Problems

A

Active Versus Inactive problems
1. active
2. inactive

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6
Q

Identify existing consumer problems and find solutions for these.

A

Problem Recognition and Marketing Strategy

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7
Q

Lower the actual state.

A

Problem Recognition and Marketing Strategy

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8
Q

Increase the desired state.

A

Problem Recognition and Marketing Strategy

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9
Q

Increase the importance of the gap between actual and desired states.

A

Problem Recognition and Marketing Strategy

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10
Q

Convert inactive problems to active problems.

A

Problem Recognition and Marketing Strategy

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11
Q

Convert problems into ones requiring an immediate solution.

A

Problem Recognition and Marketing Strategy

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12
Q

Factors that Increase the Level of Pre-purchase Search

A
  • Product Factors
  • Situational Factors
  • Social Acceptability
  • Value-Related Factors
  • Consumer Factors
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13
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: It is a long-lasting or infrequently used product.

A

A

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14
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: Experience is lower.

A

B

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15
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: Purchase is discretionary.

A

C

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16
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: Consumers are well-educated, have higher income levels and are younger.

A

D

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17
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: Level of involvement is high. Shopping is seen as an enjoyable activity.

A

D

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18
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: Consumers are low in dogmatism and risk perception.

A

D

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19
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: All alternatives have both positive and negative qualities.

A

C

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20
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: No agreement among users exists.

A

C

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21
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: Previous experience was unsatisfactory.

22
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: Conflicting information is available.

23
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: Other considerations exist.

24
Q

identify if.

a. product factors
b. situational factors
c. value-related factors
d. consumer factors

: There are frequent changes in product styling.

25
identify if. a. product factors b. situational factors c. value-related factors d. consumer factors :Purchase is a gift.
B
26
identify if. a. product factors b. situational factors c. value-related factors d. consumer factors : Product is socially visible in use.
B
27
identify if. a. product factors b. situational factors c. value-related factors d. consumer factors : Large volumes are purchased.
A
28
identify if. a. product factors b. situational factors c. value-related factors d. consumer factors : The price is high.
A
29
identify if. a. product factors b. situational factors c. value-related factors d. consumer factors : There are many alternative brands.
A
30
identify if. a. product factors b. situational factors c. value-related factors d. consumer factors : There is much variation in features.
A
31
2 Evaluation of Alternatives – Types of Consumer Choice Processes
1. Affective Choices 2. Attribute-based choices
32
More holistic; an overall evaluation
affective choices
33
Have pre-determined evaluative criteria.
Attribute-based choices
34
Based on how one feels about a purchase
Affective Choices
35
May require both external and internal search
Attribute-based choices
36
Complicated decision rules may be used
Attribute-based choices
37
Can be tangible or intangible Include surrogate
Nature of Evaluative Criteria
38
indicators –Attributes that are used as indicators of another attribute
Nature of Evaluative Criteria
39
Are often ranked in order of importance
Nature of Evaluative Criteria
40
3 Consumer Decision Rules
Procedures Compensatory Non-Compensatory
41
used by consumers to facilitate brand or other consumption-related choices
procedures
42
Brands evaluated in terms of each relevant criteria and the best brand (or one with the highest score) is chosen
Compensatory
43
Positive evaluations do not compensate for negative evaluations
Non-Compensatory
44
Lifestyles as a Consumer Decision Strategy
Issues in Alternative Evaluation
45
Consumption Vision –Mental picture of the consequences of using a particular product
Issues in Alternative Evaluation
45
Incomplete Information
Issues in Alternative Evaluation
46
Non-comparable Alternatives
Issues in Alternative Evaluation
47
Series of Decisions
Issues in Alternative Evaluation
48
Delay decision until missing information is obtained
Coping with missing information
49
Infer the missing information
Coping with missing information
50
Change the decision strategy to one that better accommodates for the missing i
Coping with missing information