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MBA 706 - DARRAT (EXAM 2) Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution £6.37   Add to cart

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MBA 706 - DARRAT (EXAM 2) Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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MBA 706 - DARRAT (EXAM 2) Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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  • June 23, 2024
  • 9
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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MBA 706 - DARRAT (EXAM 2)


Culture - ANSWER-a way of life among a group of people; the behaviors, beliefs,
values, and symbols that they accept, generally without thinking about them, and that
are passed along by communication and imitation from one generation to the next.

Reference Group - ANSWER-all the groups that have a direct or indirect effect on a
person's beliefs, decisions, and behavior
- family the most influential one

Opinion Leader/Influencer - ANSWER-a person who offers informal advice or
information about a specific product or product category, such as which of several
brands is best or how a particular product may be used

Family - ANSWER-the most influential primary reference group,11 is the most important
consumer buying organization in society
- family of orientation: parents/siblings
- family of procreation: spouse/children

Personality - ANSWER-set of distinguishing human psychological traits that lead to
relatively consistent and enduring responses to environmental stimuli, including buying
behavior

- actual self concept: how we view ourselves
- ideal self concept: how we would like to view ourselves
- others' self concept: how we like others to see us

Value System - ANSWER-a set of principles and notions of right and wrong

Consumer Needs - ANSWER-basic human requirements, such as air, food, water,
clothing, and shelter
- biological: from physiological states of tension (hunger, thirst, discomfort)
- psychological: from psychological states of tension (recognition, esteem, belonging)

Consumer Motivation - ANSWER-aroused to a sufficient level of intensity to drive us to
act

, Perception - ANSWER-process by which we select, organize, and interpret information
inputs to create a meaningful picture of the world

Selective Attention - ANSWER-marketers must work hard to attract the notice of
consumers

Subliminal Perception - ANSWER-long fascinated armchair marketers, who argue that
marketers embed covert, subliminal messages in ads or packaging that consumers are
not consciously aware of but that affect their behavior. Although it's clear that mental
processes include many subtle subconscious effects,

Selective distortion - ANSWER-tendency to interpret information to fit our
preconceptions

Emotions - ANSWER-mental states that arise spontaneously rather than from conscious
effort and reflect people's positive or negative reactions to internal and external stimuli

Memory - ANSWER-the brain's ability to record, store, and retrieve information and
events; also plays a role in consumers' purchasing decisions

- short term memory: temporary and limited repository of information
- long term memory: more permanent, poten- tially unlimited repository. All the
information and experiences we encode as we go through life can end up in our
long-term memory.

Three Types of Long Term Memory
- episodic memory: storing information about events (i.e., episodes) that we have
experienced in our lives. It is an individual's memory of autobiographical events that
capture the context—such as times, places, and associated emotions—in which a
particular event has occurred.
- semantic memory: storing information about the world, such as facts, meanings, and
concepts. Unlike episodic memory, which is directly linked to an individual's personal
experience, semantic memory captures general knowledge that is independent of
personal experience
- procedural memory: responsible for knowing how to perform certain procedures such
as walking, talking, and riding a bike. It is a memory of motor skills typically acquired
through repetition and involves automatic sensorimotor activities that are so deeply
embedded in our minds that they do not involve conscious thought.

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