100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
TEST BANK for Consumer Behavior: Building Marketing Strategy 14th Edition by David Mothersbaugh, Delbert Hawkins, Bardi Kleiser | Complete 20 Chapters $29.12   Add to cart

Exam (elaborations)

TEST BANK for Consumer Behavior: Building Marketing Strategy 14th Edition by David Mothersbaugh, Delbert Hawkins, Bardi Kleiser | Complete 20 Chapters

 20 views  0 purchase
  • Course
  • Consumer Behavior: Building arketing Strategy
  • Institution
  • Consumer Behavior: Building Arketing Strategy

TEST BANK for Consumer Behavior: Building Marketing Strategy 14th Edition by David Mothersbaugh, Delbert Hawkins, Susan Bardi Kleiser ISBN 818 TABLE OF CONTENTS Chapter One: Consumer Behav ior and Mar keting Strategy Chapter Two: Cross-Cultural Variations in Consumer Behavior Chapter Three: The Cha...

[Show more]

Preview 4 out of 855  pages

  • October 3, 2023
  • 855
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
  • Consumer Behavior: Building arketing Strategy
  • Consumer Behavior: Building arketing Strategy
avatar-seller
AcademiContent
,Chapter 01
Multiple Choice Questions

1. The rise of social media has

A. shifted power from marketers to consumers.
B. helped to strengthen the shift of power from consumers to marketers.
C. helped give rise to the development of online crowd seeking.
D. helped marketers like CVS listen and adapt to consumers in real time.
E. shifted power from marketers to consumers and helped marketers like CVS listen and adapt to consumers in real
time.

Answer: E

Explanation:
Social media is a tool that gives consumers power but also allows firms to listen and react in real time via online
monitoring of social media trends.

AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: Moderate
Gradable: automatic
Learning Objective: 01-01 Define consumer behavior.
Topic: Consumer Behavior and Marketing Strategy

2. is the study of individuals, groups, or organizations and the processes they use to select, secure, use,
and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes have on
the consumer and society.

A. Marketing
B. Consumer behavior
C. Psychographics
D. Demographics
E. Psychology

Answer: B

Explanation:
This view of consumer behavior is broader than the traditional one, which focused more narrowly on the buyer and
the purchasing process.

AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Gradable: automatic
Learning Objective: 01-01 Define consumer behavior.
Topic: Consumer Behavior and Marketing Strategy

,3. One primary function of Harriet's job is to study individuals, groups, or organizations and the processes they use
to select, secure, use, and dispose of her company's products and services to satisfy needs and the impacts that these
processes have on the consumer and society. Harriet works in the field of .

A. social psychology
B. cognitive psychology
C. management
D. consumer behavior
E. organizational behavior

Answer: D

Explanation:
Consumer behavior is the study of individuals, groups, or organizations and the processes they use to select, secure,
use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes
have on the consumer and society.

AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: Easy
Gradable: automatic
Learning Objective: 01-01 Define consumer behavior.
Topic: Consumer Behavior and Marketing Strategy

4. Which of the following is not true regarding consumer behavior?

A. Organizations are applying theories and information about consumer behavior on a daily basis.
B. It is often necessary to conduct research.
C. Consumer behavior is a complex, multidimensional process.
D. The overall model of consumer behavior presented in the text is accurate in predicting consumer behavior.
E. Marketing practices designed to influence consumer behavior involve ethical issues that affect the firm, the
individual, and society.

Answer: D

Explanation:
Sufficient knowledge of consumer behavior exists to provide usable guidelines, but accurate monitoring and practice
are required.

AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Hard
Gradable: automatic
Learning Objective: 01-01 Define consumer behavior.
Topic: Consumer Behavior and Marketing Strategy

, 5. Which of the following is a key aspect regarding consumer behavior?

A. Organizations are applying theories and information about consumer behavior on a daily basis.
B. It is often necessary to conduct research.
C. Consumer behavior is a complex, multidimensional process.
D. Marketing practices designed to influence consumer behavior involve ethical issues that affect the firm, the
individual, and society.
E. All of these choices are correct.

Answer: E

Explanation:
Sufficient knowledge of consumer behavior exists to provide usable guidelines, but accurate monitoring and practice
are required.

AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Gradable: automatic
Learning Objective: 01-01 Define consumer behavior.
Topic: Consumer Behavior and Marketing Strategy

6. Which of the following is not an application of consumer behavior?

A. marketing strategy
B. human resource management
C. regulatory policy
D. informed consumers
E. social marketing

Answer: B

Explanation:
Human resource management is not an application of consumer behavior.

AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Moderate
Gradable: automatic
Learning Objective: 01-02 Summarize the applications of consumer behavior.
Topic: Applications of Consumer Behavior

7. Thomas wants to gain a usable understanding of consumer behavior in order to help him become a more effective
marketing manager. Which application of consumer behavior does this represent?

A. marketing strategy
B. regulatory policy
C. social marketing
D. informed consumers
E. resource management

Answer: A

Explanation:
An accurate understanding of consumer behavior can greatly reduce the odds of failures.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller AcademiContent. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $29.12. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

85443 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$29.12
  • (0)
  Add to cart