Podcast
Questions and Answers
When Bill asked friends which TV set to buy, they warned him against certain ones but praised others. He went to a huge new "electronics supermarket" where he checked out features of the 54-inch HD flat screen. He saw two he liked overall, but one of them had a feature he really liked: 4K. The process by which Bill sought appropriate guidelines to use in making a purchase decision is:
When Bill asked friends which TV set to buy, they warned him against certain ones but praised others. He went to a huge new "electronics supermarket" where he checked out features of the 54-inch HD flat screen. He saw two he liked overall, but one of them had a feature he really liked: 4K. The process by which Bill sought appropriate guidelines to use in making a purchase decision is:
- research.
- browsing.
- information search. (correct)
- window shopping.
Having too many choices in the marketplace is referred to as:
Having too many choices in the marketplace is referred to as:
- pseudo-choice.
- maximizing.
- consumer hyperchoice. (correct)
- purchase momentum.
The view that consumers carefully gather, integrate, and weigh all the information available about a product before making a purchase decision is known as the:
The view that consumers carefully gather, integrate, and weigh all the information available about a product before making a purchase decision is known as the:
- interpretative perspective.
- behavioural influence perspective.
- rational perspective. (correct)
- experiential perspective.
When Jay goes to the supermarket to purchase cereal, they are overwhelmed by the sheer number of brands, flavours, and options. This is called consumer:
When Jay goes to the supermarket to purchase cereal, they are overwhelmed by the sheer number of brands, flavours, and options. This is called consumer:
Spiro is shopping at Walmart and very quickly picks up everything on their shopping list that they need. Because it went quickly and they feel good, they keep shopping. This is an illustration of:
Spiro is shopping at Walmart and very quickly picks up everything on their shopping list that they need. Because it went quickly and they feel good, they keep shopping. This is an illustration of:
When purchase decisions are made under conditions of low involvement, often the consumer's decision results from cues in the shopping environment, such as surprise sales, the way products are displayed, etc. This view of what affects consumer decisions is known as the:
When purchase decisions are made under conditions of low involvement, often the consumer's decision results from cues in the shopping environment, such as surprise sales, the way products are displayed, etc. This view of what affects consumer decisions is known as the:
Susan is trying to select a tour. She is going to Scotland but can't make up her mind what she wants to do when she gets there. There are so many variables including the cost, the weather, and Susan's desire to see the village her grandmother called home. Susan's problem emphasizes the importance of the _____ in hospitality marketing.
Susan is trying to select a tour. She is going to Scotland but can't make up her mind what she wants to do when she gets there. There are so many variables including the cost, the weather, and Susan's desire to see the village her grandmother called home. Susan's problem emphasizes the importance of the _____ in hospitality marketing.
Some researchers characterize the consumer decision-making process as a continuum according to how much effort goes into the decision. They say it is anchored at each end by _____ and _____.
Some researchers characterize the consumer decision-making process as a continuum according to how much effort goes into the decision. They say it is anchored at each end by _____ and _____.
Chen decides to buy a new hedge trimmer to care for his bushes and shrubs. Because Chen is familiar with the local lawn and garden shop and the brands that are carried there, he uses a few simple decision rules to arrive at a purchase option. Chen is following which of the following buying decision behaviour continuum alternatives to make his decision?
Chen decides to buy a new hedge trimmer to care for his bushes and shrubs. Because Chen is familiar with the local lawn and garden shop and the brands that are carried there, he uses a few simple decision rules to arrive at a purchase option. Chen is following which of the following buying decision behaviour continuum alternatives to make his decision?
Priya is out shopping for a very sophisticated watch. After reviewing various websites, visiting some jewellers, and speaking with people whose opinion matters to her, she has narrowed her choices down so that she is now only considering Omega and Rolex. This is an example of _____ problem solving.
Priya is out shopping for a very sophisticated watch. After reviewing various websites, visiting some jewellers, and speaking with people whose opinion matters to her, she has narrowed her choices down so that she is now only considering Omega and Rolex. This is an example of _____ problem solving.
Elena is in the toothpaste section of the grocery store and picks up a box of $0.99 Colgate as she quickly passes through. This is an example of _____ decision making.
Elena is in the toothpaste section of the grocery store and picks up a box of $0.99 Colgate as she quickly passes through. This is an example of _____ decision making.
Low-involvement decisions mean that marketers must constantly be assessing the physical surroundings and product placement. This is called the:
Low-involvement decisions mean that marketers must constantly be assessing the physical surroundings and product placement. This is called the:
Sometimes purchase decisions characterized by _____ are so routinized that consumers make them with minimal effort and without conscious control.
Sometimes purchase decisions characterized by _____ are so routinized that consumers make them with minimal effort and without conscious control.
Store managers realize that under conditions of low involvement, consumers are affected by product placement and other cues in the shopping environment such as surprise specials. Managers with the behavioural influence perspective try to facilitate "impulse" buying decisions.
Store managers realize that under conditions of low involvement, consumers are affected by product placement and other cues in the shopping environment such as surprise specials. Managers with the behavioural influence perspective try to facilitate "impulse" buying decisions.
The decision-making continuum is anchored at one end by limited problem solving, and by extended problem solving at the other end.
The decision-making continuum is anchored at one end by limited problem solving, and by extended problem solving at the other end.
When shopping at the supermarket, Russ always unconsciously grabs a carton of milk. This is an example of an automatic purchase.
When shopping at the supermarket, Russ always unconsciously grabs a carton of milk. This is an example of an automatic purchase.
The economics of information approach to search states that consumers will continue to acquire as much information as they need to make a decision so long as the benefits from searching outweigh the costs.
The economics of information approach to search states that consumers will continue to acquire as much information as they need to make a decision so long as the benefits from searching outweigh the costs.
Traditionally consumer researchers have approached decision making from a rational perspective.
Traditionally consumer researchers have approached decision making from a rational perspective.
Information searches usually happen before we are aware of a problem.
Information searches usually happen before we are aware of a problem.
Which kind of decision rule is being used by a consumer who says that good performance on one or more attributes cannot "make up for" poor performance on other product attributes?
Which kind of decision rule is being used by a consumer who says that good performance on one or more attributes cannot "make up for" poor performance on other product attributes?
A consumer selects a brand that performs best on the most important attribute for that product. This is the result of which decision rule?
A consumer selects a brand that performs best on the most important attribute for that product. This is the result of which decision rule?
Wei Wei decides that the camera she buys must meet minimum standards on all of the key attributes she wants in a camera of this type or she will reject it, regardless of its performance on other attributes. Which decision rule has she decided to follow?
Wei Wei decides that the camera she buys must meet minimum standards on all of the key attributes she wants in a camera of this type or she will reject it, regardless of its performance on other attributes. Which decision rule has she decided to follow?
Ariel is looking over the used cars on the lot. They give high marks to a car which has a rebuilt engine. In their mind that outweighs or "makes up for" relatively lower marks they gave on its fenders and interior appearance. They are using which decision rule?
Ariel is looking over the used cars on the lot. They give high marks to a car which has a rebuilt engine. In their mind that outweighs or "makes up for" relatively lower marks they gave on its fenders and interior appearance. They are using which decision rule?
Choosing a product on the basis of its having the largest number of positive attributes is typically the case when a consumer is using the:
Choosing a product on the basis of its having the largest number of positive attributes is typically the case when a consumer is using the:
When a consumer bases a purchase decision on the _____ rule, one takes into account the relative importance of positively-rated attributes.
When a consumer bases a purchase decision on the _____ rule, one takes into account the relative importance of positively-rated attributes.
Jonesy will buy only the lowest-priced spark plug when he goes shopping for auto supplies. Because his car is very old, he really doesn't care about any other qualities. Jonesy is using the non-compensatory decision-making rule format.
Jonesy will buy only the lowest-priced spark plug when he goes shopping for auto supplies. Because his car is very old, he really doesn't care about any other qualities. Jonesy is using the non-compensatory decision-making rule format.
If a consumer considers using the simple additive decision rule, a drawback might be that some of the positive attributes of the chosen brand may not be very important.
If a consumer considers using the simple additive decision rule, a drawback might be that some of the positive attributes of the chosen brand may not be very important.
If Bill used a mental or problem-solving shortcut to make a purchase decision, he would be utilizing a(n):
If Bill used a mental or problem-solving shortcut to make a purchase decision, he would be utilizing a(n):
Some consumers make judgments about hidden dimensions of products from observable attributes, such as inferring that because a used car is clean and shiny, its mechanical condition is likewise of top quality. In this case, the clean and shiny exterior is a(n):
Some consumers make judgments about hidden dimensions of products from observable attributes, such as inferring that because a used car is clean and shiny, its mechanical condition is likewise of top quality. In this case, the clean and shiny exterior is a(n):
When Japanese cars first became popular in the United States, some drivers of domestic cars placed bumper stickers on their vehicles that stated "Hungry? Eat your foreign car." These stickers encouraged people to support local workers and keep the balance of trade between Japan and the United States more toward an American advantage. The attitude expressed by the stickers is called:
When Japanese cars first became popular in the United States, some drivers of domestic cars placed bumper stickers on their vehicles that stated "Hungry? Eat your foreign car." These stickers encouraged people to support local workers and keep the balance of trade between Japan and the United States more toward an American advantage. The attitude expressed by the stickers is called:
_____ describes a consistent pattern whereby consumers buy the same brand just about every time they go to the store, out of habit, merely because it takes less effort.
_____ describes a consistent pattern whereby consumers buy the same brand just about every time they go to the store, out of habit, merely because it takes less effort.
A form of repeat purchasing behaviour reflecting a conscious decision to continue buying the same brand is called:
A form of repeat purchasing behaviour reflecting a conscious decision to continue buying the same brand is called:
What is a major distinction between customers who purchase a product because they are brand loyal and those who purchase by inertia?
What is a major distinction between customers who purchase a product because they are brand loyal and those who purchase by inertia?
The assumption of a price-quality relationship is one of the most pervasive market beliefs.
The assumption of a price-quality relationship is one of the most pervasive market beliefs.
"Largest-sized containers are almost always cheaper per unit than smaller sizes" is an example of a market belief.
"Largest-sized containers are almost always cheaper per unit than smaller sizes" is an example of a market belief.
Flashcards
Information Search
Information Search
Seeking information to make a purchase decision.
Consumer Hyperchoice
Consumer Hyperchoice
Having so many options that it overwhelms a consumer
Rational Perspective
Rational Perspective
Gathering and analyzing product information carefully before buying.
Purchase Momentum
Purchase Momentum
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Heuristic
Heuristic
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Product Signal
Product Signal
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Inertia
Inertia
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Brand Loyalty
Brand Loyalty
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Behavioral Influence
Behavioral Influence
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Habitual Decision Making
Habitual Decision Making
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Market Belief
Market Belief
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Lexicographic Rule
Lexicographic Rule
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Compensatory Decision Rule
Compensatory Decision Rule
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Conjunctive Rule
Conjunctive Rule
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Weighted Additive Rule
Weighted Additive Rule
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Study Notes
Individual Decision Making
- When making a purchase decision, seeking guidelines from friends and researching product features in stores is known as information search.
- Consumer hyperchoice is having too many choices in the marketplace.
- The rational perspective involves consumers gathering and weighing all available information about a product before making a decision.
- Consumer hyperchoice is being overwhelmed by the number of brands, flavors, and options when purchasing cereal.
- Purchase momentum is illustrated when quickly picking up items on a shopping list leads to continued shopping due to feeling good.
- The behavioural influence perspective is when purchase decisions result from environmental cues like surprise sales when there is low involvement.
- Experiential perspective emphasizes the importance of variables like cost and weather combined with personal desires.
- The consumer decision-making process is a continuum anchored by habitual decision making and extended problem solving.
- Limited problem solving is when familiarity with a store and brands leads to using simple decision rules for a purchase.
- Extended problem solving is demonstrated when extensive research narrows choices to a few options.
- Habitual decision making is picking up a familiar item like a $0.99 Colgate toothpaste without much thought.
- Behavioural influence perspective is applied to low-involvement decisions when marketers assess physical surroundings and product placement.
- Automaticity is when purchase decisions are so routinized that consumers make them with minimal effort and conscious control.
- Managers use the behavioural influence perspective to facilitate impulse buying decisions in low-involvement situations using product placement.
- The decision-making continuum is anchored by habitual problem solving at one end, and by extended problem solving at the other end.
- An automatic purchase is when someone unconsciously grabs a carton of milk while shopping.
- The economics of information approach suggests consumers gather information until the benefits outweigh the costs.
- Traditionally consumer researchers have approached decision making from a emotinal perspective.
- Information searches typically happen after the awareness of a problem.
- A non-compensatory rule is used when good performance on one attribute cannot compensate for poor performance on another.
- Lexicographic rule is applied when a consumer selects a brand based on the most important attribute.
- Conjunctive rule is when a consumer decides that a camera must meet minimum standards on all key attributes to be considered.
- Compensatory decision rule is being used when high ratings on a car's rebuilt engine outweighs lower ratings on fenders and interior.
- Simple additive rule is using the largest number of positive attributes to pick a product.
- Weighted additive rule takes into account the relative importance of positively-rated attributes.
- Non-compensatory decision-making rule format is when someone buys only the lowest-priced spark plug regardless of other qualities.
- A drawback of the simple additive decision rule is that some positive attributes of the chosen brand may not be very important.
- A heuristic is a mental or problem-solving shortcut used to make a purchase decision.
- A product signal is when a clean and shiny exterior infers a used car's mechanical condition.
- Ethnocentrism is when stickers encouraged people to support local workers and keep the balance of trade between Japan and the United States.
- Inertia describes consistent brand purchasing out of habit due to ease.
- Brand loyalty is repeat purchasing behavior reflecting a conscious decision.
- A major distinction for customers with brand loyalty is they have a strong positive attitude toward the product compared to those who purchase by inertia and do not.
- Assumption of a price-quality relationship is a pervasive market belief.
- The belief that "largest-sized containers are almost always cheaper per unit than smaller sizes" is an example of a market belief.
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