Marketing Information and Consumer Insights

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Questions and Answers

What is referred to as the inner drive or pressure to take action to satisfy a need?

  • Motivation (correct)
  • Attitudes and beliefs
  • Learning
  • Lifestyle

What is the term for the values, perceptions, wants, and behaviors learned by society?

  • Reference group
  • Life stage
  • Culture (correct)
  • Social class

What is characterized by fewer but larger buyers, derived demand, and inelastic demand?

  • Business buyer behavior (correct)
  • Consumer market
  • Personal factors
  • Social factors

What is the process of determining which products and services are needed to purchase, and then finding, evaluating, and choosing among alternative brands?

<p>Business buying process (D)</p> Signup and view all the answers

What is the term for the pattern of living in the world combined with an individual's psychographics?

<p>Lifestyle (A)</p> Signup and view all the answers

What are the individuals who will use the product or service?

<p>Users (C)</p> Signup and view all the answers

What is the base of creating customer value, engagement, and relationship?

<p>Consumer insights (C)</p> Signup and view all the answers

What type of data is used in Marketing Information?

<p>Both internal data and publicly available information (C)</p> Signup and view all the answers

What is the term for the buying behavior of final consumers?

<p>Consumer buyer behavior (A)</p> Signup and view all the answers

What is the term for the systematic collection and analysis of publicly available information?

<p>Marketing intelligence (D)</p> Signup and view all the answers

What is the buying task related to in consumer behavior?

<p>The consumer's approach to solving a particular problem (C)</p> Signup and view all the answers

What is comprised of all the individuals and households that buy goods and services for personal consumption?

<p>Consumer markets (B)</p> Signup and view all the answers

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