Chapter 2 - Cross-Cultural Variations in Consumer Behavior Flashcards

1
Q
  • Means More than Export and Import
    -Can include Values, Lifestyle and Attitude
A

Globalization

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2
Q

Globalization is changing from: (2)

A

-one way influence from US from other countries
-Mutual Influence

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3
Q

a recent study groups global consumer from 40 countries into key types: (10)

A
  1. Undaunted Striver (17%)
  2. Secure Traditionalist (16%)
  3. Empowered Activist (15%)
  4. Impulse Spender (14%)
  5. Minimalist Seeker (12%)
  6. Conservative Homebodies (8%)
  7. Balance Optimist (6%)
  8. Cautious Planner (5%)
  9. Self Care Aficionados (5%)
  10. Inspired Adventurer (3%)
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4
Q

Determine Individual striving for success

A

Undaunted Striver (17%)

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5
Q

Prefers Stability and Tradition

A

Secure Traditionalist (16%)

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6
Q

passionate about Social causes and making a difference

A

Empowered Activist (15%)

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7
Q

Enjoys spontaneous Purchases and Experience

A

Impulse Spender (14%)

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8
Q

Seeks/Prioritize Simplicity

A

Minimalist Seeker (12%)

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9
Q

prefer staying close at home

A

Conservative Home bodies (8%)

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10
Q

Maintain Positive Outlook while being Cautious

A

Balance Optimist (6%)

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11
Q

Careful in there decision making

A

Cautious Planner (5%)

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12
Q

Prioritize their well being

A

Self Care Aficionados (5%)

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13
Q

Seek new experiences in life

A

Inspire Adventurer (3%)

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14
Q

Complex Whole that includes Knowledge, Belief, Art, Law, Morals, Customs and any other Capabilities.

A

Culture

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15
Q

Give rise to Norm and associate sanctions, which in turn influence consumption Pattern

A

Cultural Value

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16
Q

Specify ranges of appropriate behavior

17
Q

penalties for violating Norms

18
Q

the numerous values that differs across culture and affect consumption include: (3)

A
  1. other oriented values
  2. Environment Oriented Values
  3. Self-oriented values
19
Q

Other-Oriented Values (6)

A
  1. Individual/Collective
  2. Youth/Age
  3. Extended/Limited Family
  4. Masculine/Feminine
  5. Competitive/Cooperative
  6. Diversity/Uniformity
20
Q

Environment-Oriented Values (6)

A
  1. Cleanliness
  2. Performance/Status
  3. Tradition/Change
  4. Risk Taking/Security
  5. Problem Solving/Fatalistic
  6. Nature
21
Q

Self Orientated Values (6)

A
  1. Active/Passive
  2. Sensual Gratification/Abstinence
  3. Material/Non Material
  4. Hard Work/Leisure
  5. Postponed Gratification/Immediate Gratification
  6. Religious/Secular
22
Q

Non Verbal Communication (7)

A
  1. Time
  2. Space
  3. Symbols
  4. Relationships
  5. Agreement
  6. Things
  7. Etiquette
23
Q

The Meaning of time Varies between cultures in two Major Ways:

A
  1. Time Perspective
  2. Time interpretation
24
Q

Overall use and meaning assigned to Space: (2)

A
  1. Space connected to Rank
  2. Personal Space
25
Symbol for mourning of death in the far east but purity in United States
White
26
Associated With Death in many Latin American Country
Purple
27
Femininity/Masculinity in different countries
Blue
28
Unlucky or Negative/ Lucky in different Countries
Red
29
Sign of Death in Mexico
Yellow Flower
30
Suggestion of Death in England
White Lilies
31
Unlucky Number/ Lucky Number in Different Countries
7
32
Negative/Positive
Triangle
33
Wisdom/Bad luck
Owl
34
Grace/Homosexuality
Deer
35
Describe a population in terms of its size, Structure and distribution
Demographics
36
Meaning of PPP
Purchasing Power Parity
37
Based on the cost of a standard market Basket of products bought in each country
Purchasing Power Parity (PPP)