Chapter 12 Flashcards

0
Q

Awareness set

A

Set of alternatives of which a consumer is aware

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1
Q

Actual state

A

Consumers perceived current state

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2
Q

Assumes many consumer decisions are actually learned responses to environmental influences

A

Behaviour influence decision-making perspective

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3
Q

What occurs when a consumer simply buys a product repeatedly without any real attachment

A

Brand inertia

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4
Q

Brand loyalty

A

Deeply held commitment to rebut a product or service regardless of situational influences that could lead to switching behaviour

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5
Q

Consideration set

A

Alternatives that are considered acceptable for further consideration in decision making

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6
Q

Behaviours that consumers engage in as they seek information that can be used to satisfy needs

A

Consumer search behaviour

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7
Q

Desired state

A

Perceived state for which a consumer strives

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8
Q

Experiential decision making perspective

A

Assumes consumers often make purchases and reach decisions based on the affect, or feeling, attached to the product or behaviour under consideration

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9
Q

Extended decision making

A

Consumers move diligently through various problem-solving activities in search of the best information that will help them reach a decision

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10
Q

External search

A

Gathering of information from sources external to the consumer such as friends, family, salespeople, advertising, independent research reports, and the internet

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11
Q

Habitual decision making

A

Consumers generally do no seek information at all when a problem is recognised and select a product based on habit

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12
Q

Alternatives in the awareness set that are deemed to be unacceptable for further consideration

A

Inept set

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13
Q

Alternatives in the awareness set about which consumers are indifferent or do not hold strong feel sing

A

Inert set

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14
Q

Information overload

A

Situation in which consumers are presented with so much information that they cannot assimilate the variety of information presented

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15
Q

Internal search

A

Retrieval of knowledge stored in memory about products, services, and experiences

16
Q

Limited decision making

A

Consumers search very little for information and often reach decisions based largely on prior beliefs about products and their attributes

17
Q

Ongoing search

A

Search effort that is not necessarily focused on an upcoming purchase or decision but rather on staying up to date on the topic

18
Q

Perception of the negative consequences that are likely to result from a course of action and the uncertainty of which course of action is best to take

A

Perceived risk

19
Q

Pre-purchase search

A

Search effort aimed at finding information to solve an immediate problem

20
Q

Price

A

Information that signals the amount of potential value contained in a product

21
Q

Perceived overall goodness or badness of some product

A

Quality

22
Q

Rational decision-making perspective

A

Assumes consumers diligently gather information about purchases, care-fully compare various brands of products on salient attributes, and make informed decisions regarding what brand to buy

23
Q

Practice of using decision-making shortcuts to arrive at satisfactory, rather than optimal, decisions

A

Satisficing

24
Q

Search regret

A

Negative emotions that come from failed search processes

25
Q

Universal set

A

Total collection of all possible solutions to a consumer problem