Chapter 3 Flashcards

1
Q

Consumer Behaviour

A

Actions a person takes in purchasing and using products and services

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2
Q

Purchase decision process

A

Stages that a buyer passes through when making choices about which products or services to buy

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3
Q

Show rooming

A

Using mobile devices in store to check online competitive product reviews and prices, resulting in the online purchase of a cheaper product

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4
Q

Involvement

A

Personal, social, and economic significance of a purchase to the consumer

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5
Q

Motivation

A

Energizing force that stimulates behavior to satisfy a need

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6
Q

Personality

A

A perons character traits that influence behavioural responses

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7
Q

Perception

A

Process by which someone selects, organizes, and interprets information to create a meaningful picture of the world

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8
Q

Perceived risk

A

Anxiety felt when a consumer can not anticipate possible negative outcomes of a purchase

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9
Q

Learning

A

Behaviours that result from repeated experience or reasoning

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10
Q

Brand loyalty

A

Favorable attitude toward a consistent purchase of a single brand over time

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11
Q

Attitude

A

Tendency to respond to something in a consistently favorable or unfavorable way

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12
Q

Beliefs

A

Consumers perceptions of how a product or brand performs

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13
Q

Opinion leaders

A

Individuals who have social influence over others

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14
Q

Word of mouth

A

People influencing each other in personal conversations

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15
Q

Reference group

A

A group of people who influence a persons attitudes, values, and behaviours

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16
Q

Family life cycle

A

A families progression from formation to retirement, with each phase bringing distinct needs and purchasing behaviors

17
Q

Culture

A

A set of values, ideas, and attitudes that are learned and shared among the members of a group

18
Q

Sub-Cultures

A

Sub groups within a larger culture that have unique values, ideas, and attitudes

19
Q

Cross cultural annalysis

A

Study of similarities and differences among consumers in two or more societies

20
Q

Values

A

Socially preferable modes of conduct or states of existence that tend to persist over time

21
Q

Customs

A

Norms and expectations about the way people do things in a specific country or culture

22
Q

Cultural symbols

A

Objects, ideas, or processes that represent a particular group of people or society

23
Q

Back translation

A

Re translating a word or phrase back into the original language by a different interpreter to catch errors