ConsumerBehaviorandMarketingStrategy
2.
Theriseofsocialmediahas
A.
shiftedpowerfrommarketerstoconsumers.
B. helpedtostrengthentheshiftofpowerfromconsumerstomarketers.
C. helpedgiverisetothedevelopmentofonlinecrowdseeking.
D. helpedmarketerslikeCVSlistenandadapttoconsumersinrealtime.
E.
AandD
_____isthestudyofindividuals,groups,ororganizationsandtheprocessestheyusetoselect,secure,use,
anddisposeofproducts,services,experiences,orideastosatisfyneedsandtheimpactsthattheseprocesses
haveontheconsumerandsociety.
A.
B.
C.
D.
E.
Marketing
Consumerbehavior
Psychographics
Demographics
Psychology
3.
OneprimaryfunctionofHarriet'sjobistostudyindividuals,groups,ororganizationsandtheprocesses
theyusetoselect,secure,use,anddisposeofhercompany'sproductsandservicestosatisfyneedsandthe
impactsthattheseprocesseshaveontheconsumerandsociety.Harrietworksinthefieldof_____.
A.
B.
C.
D.
E.
socialpsychology
cognitivepsychology
management
consumerbehavior
organizationalbehavior
1-1
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McGraw-Hill Education.
4.
5.
6.
WhichofthefollowingisNOTtrueregardingconsumerbehavior?
A. Organizationsareapplyingtheoriesandinformationaboutconsumerbehavioronadailybasis.
B.
Itisoftennecessarytoconductresearch.
C. Consumerbehaviorisacomplex,multidimensionalprocess.
D.Theoverallmodelofconsumerbehaviorpresentedinthetextisaccurateinpredictingconsumer
behavior.
E.Marketingpracticesdesignedtoinfluenceconsumerbehaviorinvolveethicalissuesthataffectthefirm,
theindividual,andsociety.
Whichofthefollowingisakeyaspectregardingconsumerbehavior?
A. Organizationsareapplyingtheoriesandinformationaboutconsumerbehavioronadailybasis.
B.
Itisoftennecessarytoconductresearch.
C. Consumerbehaviorisacomplex,multidimensionalprocess.
D.Marketingpracticesdesignedtoinfluenceconsumerbehaviorinvolveethicalissuesthataffectthefirm,
theindividual,andsociety.
E.
Alloftheabovearekeyaspects.
WhichofthefollowingisNOTanapplicationofconsumerbehavior?
A.
B.
C.
D.
E.
marketingstrategy
humanresourcemanagement
regulatorypolicy
informedconsumers
socialmarketing
7.
Thomaswantstogainausableunderstandingofconsumerbehaviorinordertohelphimbecomeamore
effectivemarketingmanager.Whichapplicationofconsumerbehaviordoesthisrepresent?
A.
B.
C.
D.
E.
marketingstrategy
regulatorypolicy
socialmarketing
informedconsumers
resourcemanagement
8.
_____istheapplicationofmarketingstrategiesandtacticstoalterorcreatebehaviorsthathaveapositive
effectonthetargetedindividualsorsocietyasawhole.
A.
B.
C.
D.
E.
Socialmarketing
Consumerbehavior
Regulation
Proactivemarketing
Ethicalmarketing
1-2
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McGraw-Hill Education.
9.
Miaisconcernedhowhermarketingactivitieswillaffectindividualconsumersaswellassocietyatlarge.
Miaisimplementing_____.
A.
B.
C.
D.
E.
conscientiousmarketing
regulatedmarketing
ethicalmarketing
proactivemarketing
socialmarketing
10. Mosteconomicallydevelopedsocietiesarelegitimatelyreferredtoas_____societies.
A.
B.
C.
D.
E.
marketing
proactive
consumption
competitive
enhanced
11. Whichofthefollowingisusedbyfirmstoinfluenceconsumers?
A.
B.
C.
D.
E.
ads
packages
storeenvironments
salespitches
alloftheabove
12. Tosurviveinacompetitiveenvironment,anorganizationmustprovideitstargetcustomersmore_____
thanisprovidedtothembyitscompetition.
A.
B.
C.
D.
E.
product
service
value
feedback
attention
13. Thedifferencebetweenallthebenefitsderivedfromatotalproductandallthecostsofacquiringthose
benefitsisknownas_____.
A.
B.
C.
D.
E.
price
position
consumerbehavior
customervalue
equity
1-3
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14. Lauriesavedforsixmonthstohaveenoughmoneytobuyanewdesigneroutfittoweartoaspecialparty.
Shehadtotraveltoalargercitytopurchasethisoutfit,butitwasworthittoherbecauseitmadeherfeel
beautifulandconfident.ThedifferencebetweenthebenefitsLaurieperceivedfromthispurchaseandthe
costtohertoacquirethesebenefitsdescribesher_____.
A.
B.
C.
D.
E.
consumerbehavior
customervalue
motivation
equitydifference
perceptualfield
15. Itiscriticalthatafirmconsidervaluefromwhichperspective?
A.
B.
C.
D.
E.
thecompetition's
thefirm's
thecustomer's
thegovernment's
theindustry's
16. Howcananorganizationprovidesuperiorcustomervaluetocustomers?
A.
byconductingmarketresearch
B.
byofferingitsproductsatthelowestprice
C. byofferingextendedwarrantycoverageonproducts
D. bydoingabetterjobofanticipatingandreactingtocustomerneedsthanthecompetitiondoes
E.
byofferingmorevariationsofaproduct
17. Marketingstrategybeginswith_____.
A.
B.
C.
D.
E.
marketsegmentation
targeting
conductinganoutcomesassessment
objectivesetting
conductingamarketanalysis
18. Haroldistaskedwithdevelopingthemarketingstrategyforhisfamily'sbusiness.Whatshouldhedofirst?
A.
B.
C.
D.
E.
segmentthemarket
conductamarketanalysis
decideonwhichsegmentstotarget
developthemarketingmix
setobjectives
1-4
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19. Marketingstrategyisformulatedintermsofthemarketingmix;thatis,itinvolvesdeterminingtheproduct,
features,price,communications,distribution,andservicesthatwillprovidecustomerswithsuperiorvalue.
Thisentiresetofcharacteristicsisoftenreferredtoasthe_____.
A.
B.
C.
D.
E.
totalproduct
customervalue
offering
valueproposition
totalvalue
20. DisneyWorldinOrlando,FL,hasseveralthemeparks,resorts,restaurants,andstores.Eachisintentionally
createdtoofferamemorableeventforvisitors.Forexample,theWildernessLodgeisalargeresorthotel
onthegrounds,andeverythingwithinitismadetolooklikelogcabinsandpioneerdays.Eventhecasual
restauranthasthewaitstaffdressedinpioneercostumes,andtheyputonfunnylittleskitswhentheyare
waitingoncustomers.WhichofthefollowingbestdescribeswhatDisneyisselling?
A.
B.
C.
D.
E.
aproduct
aservice
abundledproduct
abundledservice
anexperience
21. Ashopperwhocaresaboutbrandnamemerchandiseandconvenienceisknownasa________shopper.
A.
B.
C.
D.
E.
destination
brand
basic
enthusiast
serious
22. Whichofthefollowingisacomponentofamarketanalysis?
A.
B.
C.
D.
E.
marketsegmentation
objectives
conditions
price
alloftheabove
1-5
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23. Darrenisconductingamarketanalysisforhisbusiness,andhehasaskedyouradviceonwhatheshouldbe
analyzing.Whichofthefollowingshouldheconsideratthisstepofmarketingstrategydevelopment?
A.
B.
C.
D.
E.
thecompany'sownabilitytomeetcustomerneeds
competitors'capabilitiesandstrategies
consumers'needs
conditionsinthemarket
alloftheabove
24. Jamieisdevelopingathoroughunderstandingofhiscompany'sowncapabilities;thecapabilitiesofcurrent
andfuturecompetitors;theconsumptionprocessofpotentialcustomers;andtheeconomic,physical,and
technologicalenvironmentinwhichtheseelementsinteract.Whichstepinthemarketingstrategyprocessis
Jamieperforming?
A.
B.
C.
D.
E.
settingobjectives
segmentingthemarket
conductingamarketanalysis
assessingtheoutcomes
targetingthemarket
25. Whichofthefollowingaspectsisevaluatedwhendeterminingafirm'sabilitytomeetcustomerneeds?
A.
B.
C.
D.
E.
financialcondition
generalmanagerialskills
productioncapabilities
technologicalsophistication
alloftheabove
26. WhichofthefollowingisNOTevaluatedwhenanalyzingacompany'sownabilitytomeetcustomer
needs?
A.
B.
C.
D.
E.
competitors
financialstrengths
generalmanagerialskills
productioncapabilities
reputation
1-6
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McGraw-Hill Education.
27. Aspartofdevelopingyourcompany'smarketingstrategy,youaretaskedwithanalyzingthenewproduct
capabilities,channelstrength,advertisingabilities,servicecapabilities,marketingresearchabilities,and
marketandconsumerknowledge.Whichaspectofyourcompany'scapabilitiesareyouassessing?
A.
B.
C.
D.
E.
financialstrength
marketingskills
generalmanagerialskills
productioncapabilities
reputation
28. Aportionofalargermarketwhoseneedsdiffersomewhatfromthelargermarketisreferredtoasa(n)
_____.
A.
B.
C.
D.
E.
marketsegment
niche
subgroup
ancillarymarket
secondarymarket
29. Smallerwomenliketopurchasefashionableclothesjustasmuchasanywomen.However,mostclothes
arenotproportionedfortheirsmallersizeanddonotfitwell.Asaresult,severalmanufacturersoffer
"petite"sizesofclothingforthisgroupofconsumers.Womenwhocomprisethisgrouphaveneedsthat
differsomewhatfromthetotalmarketandrepresenta_____.
A.
B.
C.
D.
E.
demographicsegment
lifestylesegment
marketpotential
submarket
marketsegment
30. Trackingconsumers'onlineactivityanddeliveringspecificbanneradsbasedonthatactivityisknownas
_____.
A.
B.
C.
D.
E.
clickstream
blogging
spam
behavioraltargeting
electronictargeting
1-7
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31. TacodaSystemstracksconsumers'onlineactivityanddeliversspecificbannersbasedonthatactivity.This
trackingandaddeliverysystemhasbeeninstalledonalmost3,000websites,andadvertiserspayonapay
forperformancebasis,whichmeansthatadvertiserspayTacodaSystemsonlywhenaconsumerclickson
theirad.Thetrackingofonlineactivityanddeliveryofadsbasedonthatactivityiscalled_____.
A.
B.
C.
D.
E.
clickthroughs
behavioraltargeting
spamming
blogging
cookietargeting
32. Whatisthefirststepinmarketsegmentation?
A.
B.
C.
D.
E.
describeeachgroup
groupcustomerswithsimilarneedssets
identifyproductrelatedneedsets
selectanattractivesegmenttoserve
setobjectivesforsegmenting
33. WhatistheLASTstepinmarketsegmentation?
A.
B.
C.
D.
E.
describeeachgroup
selectanattractivesegment(s)toserve
identifyproductrelatedneedsets
groupcustomerswithsimilarneedsets
decidethesegmentingscheme
34. WhichofthefollowingisNOTastepinmarketsegmentation?
A.
B.
C.
D.
E.
setbudget
identifyproductrelatedneedsets
groupcustomerswithsimilarneedsets
describeeachgroup
selectanattractivesegment(s)toserve
35. Carlosisattemptingtosegmentthemarketforhiscompany'sproducts.Whereshouldhebegin?
A.
B.
C.
D.
E.
setobjectives
identifyproductrelatedneedsets
groupcustomerswithsimilarneedsets
describeeachgroup
selectanattractivesegment(s)toserve
1-8
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36. Whichtermreflectsthefactthatmostproductsindevelopedeconomiessatisfymorethanoneneed?
A.
B.
C.
D.
E.
multiplicity
duplicity
needarray
needset
valueproposition
37. Barryislookingforacarthatisdependableyetstylishenoughtoletothersknowthathehasachieveda
respectablestatusinhislifeandcareer.Healsowantsittobeahighperformanceautomobile.
Dependability,status,andperformancerepresentBarry's_____.
A.
B.
C.
D.
E.
selfimage
needset
alterego
unarticulatedneeds
lifestyle
38. Whichofthefollowingisusedtodescribeagroupofconsumerswithsimilarneedssets?
A.
B.
C.
D.
E.
demographics
lifestyles
mediausage
AandB
A,B,andC
39. Talbot'sisawomen'sclothingstorethatoffersclassicfashionsataslightlypremiumprice(i.e.,awoolskirt
typicallycostsmorethan$100).Duringtheprocessofmarketsegmentation,Talbot'sidentifiedagroupof
consumerswhoarelargerthanaveragewomenyetstillwantstylishclothing.Furtherresearchintothis
segmentrevealedthatthesewomentendtobebetweentheagesof35and50,arecareeroriented,havea
householdincomeover$50,000,andaremarriedwithchildrenundertheageof18livingathome.This
womeninthisgrouparealsoheavyusersofmagazinesandnewspapersaswellasprimetimetelevision.
Whichstepofmarketsegmentationdoesthisdescribe?
A.
B.
C.
D.
E.
identifyingproductrelatedneedsets
groupingcustomerwithsimilarneedsets
describingeachgroup
selectinganattractivesegment(s)toserve
profilingcurrentcustomers
1-9
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40. Thesegment(s)withinthelargermarketonwhichanorganizationwillfocusitsmarketingeffortisreferred
toasthe_____.
A.
B.
C.
D.
E.
needset
targetmarket
customerset
strategicmarket
primarymarket
41. J&JProduceisadistributoroffreshproduce.Itconductedathoroughanalysisofitsmarketandidentified
groupsofconsumersthathadsimilarproductrelatedneeds.Oneparticularmarketidentifiedwantedfresh
anduniqueproduce,suchasSwisschard,radicchio,andexoticfruits,andtheywerewillingtopayhigher
pricesforthesechoices.J&JProducedecidedtofocusitsmarketingeffortonthissegmentofthetotal
market.ThissegmentisJ&J's_____.
A.
B.
C.
D.
E.
needset
primarymarket
customerset
targetmarket
marketfocus
42. Whichofthefollowingisusedtoevaluatetheattractivenessofvariousmarketsegments?
A.
B.
C.
D.
E.
segmentsize
distributionavailable
fitwithcompanyimage
costtoserve
alloftheabove
43. Juanhassegmentedthemarketforboatsandiscurrentlyanalyzingeachwithrespecttoseveralfactors,
suchassize,growthrate,competitorstrength,fitwithcompanyimage,distributionavailable,costtoserve,
andriskbeforedecidingwhichsegmenttotarget.WhichstepofmarketsegmentationisJuanconducting?
A.
B.
C.
D.
E.
identifyingproductrelatedneedsets
groupingcustomerwithsimilarneedsets
describingeachgroup
selectinganattractivesegment(s)toserve
profilingcurrentcustomers
1-10
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44. Theproduct,price,communications,distribution,andservicesprovidedtothetargetmarketisreferredto
asthe_____.
A.
B.
C.
D.
E.
needset
marketingmix
marketingset
decisionset
valueproposition
45. Whichofthefollowingispartofthemarketingmix?
A.
B.
C.
D.
E.
product
price
communications
distribution
alloftheabove
46. A(n)_____isanythingaconsumeracquiresormightacquiretomeetaperceivedneed.
A.
B.
C.
D.
E.
satisfier
endstate
product
valueproposition
outcome
47. Tobesuccessful,aproductmust_____.
A. meettheneedsofthetargetmarketbetterthanthecompetitiondoes
B.
belowerpricedthancompetitors'products
C. beofhigherqualitythancompetitors'products
D. beadvertisedmorethancompetitors'products
E. havegreaterdistributionthanthecompetitiondoes
48. _____include(s)advertising,thesalesforce,publicrelations,packaging,andanyothersignalthatthefirm
providesaboutitselfanditsproducts.
A.
B.
C.
D.
E.
Valuepromotions
Brandequity
Distribution
Marketsegmentation
Marketingcommunications
1-11
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49. Whichofthefollowingisincludedinmarketingcommunications?
A.
B.
C.
D.
E.
advertising
salesforce
publicrelations
packaging
alloftheabove
50. WhichofthefollowingisNOTacriticalquestionfordevelopingmarketingcommunications?
A.
B.
C.
D.
E.
Whodowewanttocommunicatewith?
Whateffectdowewanttohave?
Whatmessagewillachievethedesiredresult?
Whatmediashouldweuse?
Alloftheabovearecriticalquestions.
51. _____istheamountofmoneyonemustpaytoobtaintherighttousetheproduct.
A.
B.
C.
D.
E.
Consumercost
Totalcost
Price
Value
Customervalue
52. Amypurchasedanew32inchLCDhighdefinitiontelevisionandpaid$400forit.Thisamountofmoney
Amyhadtopaytoobtainthisproductisknownasthe_____.
A.
B.
C.
D.
E.
totalcost
value
valueproposition
price
consumercost
53. _____iseverythingtheconsumermustsurrenderinordertoreceivethebenefitsofowning/usingthe
product.
A.
B.
C.
D.
E.
Value
Consumercost
Price
Opportunitycost
Valueproposition
1-12
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54. Timothyandhiswifeareconsideringthepurchaseofanewcar.Inadditiontotheprice,theyarealso
consideringthecostofinsurance,gasoline,maintenance,financecharges,andlicensefees.Allofthese
factorscombinedrepresentthe_____.
A.
B.
C.
D.
E.
value
price
opportunitycost
consumercost
valueproposition
55. Whichelementofthemarketingmixisconcernedwithhavingtheproductavailablewheretargetcustomers
canbuyit?
A.
B.
C.
D.
E.
product
price
distribution
communications
placement
56. Tony'sjobentailsmakingsurehiscompany'sproductsgettoretailerssothattargetcustomerscanbuy
them.WhichelementofthemarketingmixisTonyinvolvedwith?
A.
B.
C.
D.
E.
product
price
distribution
communications
placement
57. Auxiliaryorperipheralactivitiesthatareperformedtoenhancetheprimaryproductorprimaryserviceare
referredtoas_____.
A.
B.
C.
D.
E.
service
supplementalproduct
intangiblebenefits
secondaryproduct
ancillaryattributes
58. WhichofthefollowingisNOTconsideredoneofthefirm'soutcomesofthemarketingstrategyand
consumerbehaviorprocess?
A.
productposition
B.
customersatisfaction
C.
service
D.
salesandprofits
E. Alloftheaboveareconsideredoutcomesforthefirm.
1-13
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59. Animageoftheproductorbrandintheconsumer'smindrelativetocompetingproductsandbrandsis
referredtoastheproduct's_____.
A.
B.
C.
D.
E.
equity
extension
message
placement
position
60. Aproduct'spositionrefersto_____.
A.
itsshelflocationinretailstores
B. animageoftheproductintheconsumer'smindrelativetocompetingproducts
C. itspricerelativetootherproductsinthefirm'sproductline
D.
itspricerelativetocompetitors'products
E. itsstageintheproductdevelopmentprocess
61. Rodissurveyingconsumerstogainabetterunderstandingofhisrestaurant'simagerelativetocompeting
restaurants.Rodisconcernedwithhisrestaurant's_____.
A.
B.
C.
D.
E.
position
equity
placement
driver
satisfactionindex
62. Whichoutcomeofmarketingstrategyproducestherevenuenecessaryforthefirmtocontinueinbusiness?
A.
B.
C.
D.
E.
customersatisfaction
productposition
consumption
socialwelfare
salesandprofits
63. JohnpurchasesandissatisfiedwithhisSUVbecausehebelievesthatitprovidesgreatercrashsafetythana
sedaneventhoughthisisnottechnicallytrue.John'ssatisfactionisbasedonthedistinctionbetween
_____.
A. primaryneedfulfillmentandsecondaryneedfulfillment
B. actualneedfulfillmentandperceivedneedfulfillment
C. initialneedfulfillmentandrepeatneedfulfillment
D. articulatedneedfulfillmentandunarticulatedneedfulfillment
E.
attributefulfillmentandbenefitfulfillment
1-14
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64. _____occurswhenindividualsorgroupsmakeconsumptiondecisionsthathavenegativeconsequencefor
theirlongrunwellbeing.
A.
B.
C.
D.
E.
Disintermediation
Conspicuousconsumption
Disenfranchisement
Injuriousconsumption
Demarketing
65. Bobandhisfriendsgoouteveryweekendanddrinkuntiltheygetdrunk.Thentheydrivehomeinthat
condition.Whichtypeofconsumptiondoesthisrepresent?
A.
B.
C.
D.
E.
injuriousconsumption
severeconsumption
conspicuousconsumption
unethicalconsumption
antisocialconsumption
66. Whichofthefollowingisasocietaloutcomeofmarketingstrategyandconsumerbehavior?
A.
B.
C.
D.
E.
sales
needsatisfaction
socialwelfare
customersatisfaction
productposition
67. WhichofthefollowingisNOTasocietaloutcomeofmarketingstrategyandconsumerbehavior?
A.
B.
C.
D.
E.
economicoutcomes
customersatisfaction
physicalenvironmentoutcomes
socialwelfare
Alloftheabovearesocietaloutcomes.
68. WhichisNOTastepintheconsumer'sdecisionprocess?
A.
B.
C.
D.
E.
informationsearch
postpurchaseprocesses
problemrecognition
alternativeevaluationandselection
selfconceptanalysis
1-15
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McGraw-Hill Education.
69. Whichofthefollowingisaninternalinfluenceonconsumerbehavior?
A.
B.
C.
D.
E.
culture
family
attitudes
marketingactivities
referencegroups
70. WhichisNOTanexternalinfluenceonconsumerbehavior?
A.
B.
C.
D.
E.
culture
family
socialstatus
perception
marketingactivities
71. Teresaistryingtounderstandhercustomersbetter.Sheisexaminingtheexternalinfluencesthatshapeher
customers'selfconceptsandlifestyles.WhichofthefollowingisapossibleexternalinfluenceTeresacould
examine?
A.
B.
C.
D.
E.
motives
personality
perception
attitudes
culture
72. LizClaiborneisabrandofclothing,accessories,andhomeproducts.Brandmanagersatthiscompanyare
tryingtolearnwhichinternalinfluencesimpacttheircustomers'needsanddesiresmost.Whichofthe
followingisapossibleinternalinfluencethesemanagersshouldexamine?
A.
B.
C.
D.
E.
culture
personality
demographics
family
socialstatus
73. Whatisthefirststepintheconsumerdecisionprocess?
A.
B.
C.
D.
E.
problemrecognition
budgetsetting
informationsearch
outletselection
alternativeevaluationandselection
1-16
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74. WhichofthefollowingstatementsisTRUEregardingtheoverallmodelofconsumerbehavior?
A. Itissufficientlydetailedsoastopredictparticularbehaviors.
B. Familyandcultureareinternalinfluencesonconsumerbehavior.
C. Personality,emotions,andattitudesrepresentexternalinfluencesonconsumerbehavior.
D. Aconsumer'sselfconceptandlifestyleinfluencehisorherneedsanddesires.
E. Experiencesandacquisitionshavelittleeffectontheprocess.
75. Thetotalityofanindividual'sthoughtsandfeelingsabouthimorherselfisknownas_____.
A.
B.
C.
D.
E.
lifestyle
selfconcept
internalinfluences
externalinfluences
consumptionoutcomes
76. _____representshowonelives,includingtheproductsonebuys,howoneusesthem,whatonethinks
aboutthem,andhowonefeelsaboutthem.
A.
B.
C.
D.
E.
Lifestyle
Selfconcept
Position
Status
Socialclass
77. Whichtypeofdecisionsinvolveverylittleeffortorthoughtonthepartoftheconsumer?
A.
B.
C.
D.
E.
primarydecisions
topofminddecisions
lowinvolvementdecisions
automaticdecisions
selfrelateddecisions
78. Karenwasatthecheckoutatthegrocerystoreandrememberedthatshewasoutofchewinggumthatshe
normallylikestokeepinherpurse.Withoutmuchthought,shegrabbedtwopackagesofthegumshelikes.
Whattypeofconsumerdecisiondoesthisillustration?
A.
B.
C.
D.
E.
primarydecision
topofminddecision
lowinvolvementdecision
automaticdecision
selfrelateddecision
1-17
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79. Accordingtothe"ConsumerInsight"inyourtext,buyingautoinsurancerepresentswhichformof
consumptionmeaning?
A.
B.
C.
D.
E.
mundane
avoidance
innovativebrands
function
noneoftheabove
80. WhatdoestheconsumptionofaproductlikeNikeshoesmeantoAndre,theworkingpoorconsumer
discussedinthetext?
A. Hecanaffordabrandthatissuperiorinmeetinghisphysicalneeds.
B.
Hispeerswillnowaccepthim.
C. Theyserveasavisiblesymbolthatheisbackasasuccessfulmemberofsociety.
D.
Hispeerswilltrytobemorelikehim.
E. Theyserveasareminderofwhatheusedtohave.
TrueFalse
82. Marketingdecisionsandregulationsarebasedonexactknowledgeofconsumerbehavior.
TrueFalse
83. Economicallydevelopedsocietiesareoftenreferredtoasmarketingsocieties.
TrueFalse
84. Itiscriticalthatafirmconsidervaluefromthecustomer'sperspective.
TrueFalse
85. Marketingstrategybeginswithobjectivesetting.
TrueFalse
86. Productfeatures,price,communications,distribution,andservicestogetherareoftenreferredtoas
customervalue.
TrueFalse
1-18
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
87. Shopperswhoonlycareaboutmallessentialsareknownasdestinationshoppers.
TrueFalse
88. Marketingskillsincludeafirm'sfinancialexpertise,generalmanagerialskills,productioncapabilities,
researchanddevelopmentcapabilities,technologicalsophistication,andreputation.
TrueFalse
89. Trackingconsumers'onlineactivityandsendingthemspecificbanneradsbasedonthatactivityisknown
asbehavioraltargeting.
TrueFalse
90. Thetermusedtoreflectthefactthatmostproductsindevelopedeconomiessatisfymorethanoneneedis
customervalue.
TrueFalse
91. Atargetmarketisthatsegment(s)ofthelargermarketonwhichacompanywillfocusitsmarketingeffort.
TrueFalse
92. Theoutcomesofafirm'smarketingstrategyaredeterminedbyitsinteractionwiththeconsumerdecision
process.
TrueFalse
93. Twokeyprocessesinvolvedinneedsatisfactionaretheactualneedfulfillmentandtheperceivedneed
fulfillment.
TrueFalse
94. Aconsumer'sneedsanddesiresareshapedbyhisorherselfconceptandlifestyle.
TrueFalse
95. Lifestyleisthetotalityofanindividual'sthoughtsandfeelingsabouthimorherself.
TrueFalse
Essay Questions
1-19
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
96. Describethefieldofconsumerbehavior,anddiscussthefourkeyaspectsofconsumerbehaviorthatmake
itanimportantareaofstudy.
97. Listandbrieflydescribeapplicationsofconsumerbehavior.
98. Listandbrieflydescribethefourstepsinvolvedinmarketsegmentation.
99. Brieflydescribetheoutcomesofmarketingstrategyforthefirm,consumers,andsociety.
1-20
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
100.Alexisdevelopingthemarketingstrategyforabrandofmen'sclothing.Beforehedevelopshisstrategy,
Alexwillconductresearchtobetterunderstandhiscustomers.Brieflydescribeaconceptualmodelthat
includesthefactorsheshouldconsiderinhisresearch.
1-21
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Chapter01ConsumerBehaviorandMarketingStrategyAnswerKey
Theriseofsocialmediahas
A.
shiftedpowerfrommarketerstoconsumers.
B. helpedtostrengthentheshiftofpowerfromconsumerstomarketers.
C. helpedgiverisetothedevelopmentofonlinecrowdseeking.
D. helpedmarketerslikeCVSlistenandadapttoconsumersinrealtime.
AandD
E.
Socialmediaisatoolthatgivesconsumerspowerbutalsoallowsfirmstolistenandreactinrealtime
viaonlinemonitoringofsocialmediatrends.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0101Defineconsumerbehavior
Topic:ConsumerBehaviorandMarketingStrategy
2.
_____isthestudyofindividuals,groups,ororganizationsandtheprocessestheyusetoselect,secure,
use,anddisposeofproducts,services,experiences,orideastosatisfyneedsandtheimpactsthatthese
processeshaveontheconsumerandsociety.
A.
Marketing
Consumerbehavior
B.
C.
Psychographics
D.
Demographics
E.
Psychology
Thisviewofconsumerbehaviorisbroaderthanthetraditionalone,whichfocusedmorenarrowlyon
thebuyerandthepurchasingprocess.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0101Defineconsumerbehavior
Topic:ConsumerBehaviorandMarketingStrategy
1-22
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
3.
OneprimaryfunctionofHarriet'sjobistostudyindividuals,groups,ororganizationsandtheprocesses
theyusetoselect,secure,use,anddisposeofhercompany'sproductsandservicestosatisfyneedsand
theimpactsthattheseprocesseshaveontheconsumerandsociety.Harrietworksinthefieldof_____.
A.
socialpsychology
B.
cognitivepsychology
C.
management
consumerbehavior
D.
E.
organizationalbehavior
Consumerbehavioristhestudyofindividuals,groups,ororganizationsandtheprocessestheyuseto
select,secure,use,anddisposeofproducts,services,experiences,orideastosatisfyneedsandthe
impactsthattheseprocesseshaveontheconsumerandsociety.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:1Easy
LearningObjective:0101Defineconsumerbehavior
Topic:ConsumerBehaviorandMarketingStrategy
4.
WhichofthefollowingisNOTtrueregardingconsumerbehavior?
A. Organizationsareapplyingtheoriesandinformationaboutconsumerbehavioronadailybasis.
B.
Itisoftennecessarytoconductresearch.
C. Consumerbehaviorisacomplex,multidimensionalprocess.
D. Theoverallmodelofconsumerbehaviorpresentedinthetextisaccurateinpredictingconsumer
behavior.
E. Marketingpracticesdesignedtoinfluenceconsumerbehaviorinvolveethicalissuesthataffectthe
firm,theindividual,andsociety.
Sufficientknowledgeofconsumerbehaviorexiststoprovideusableguidelines,butaccuratemonitoring
andpracticearerequired.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:3Hard
LearningObjective:0101Defineconsumerbehavior
Topic:ConsumerBehaviorandMarketingStrategy
1-23
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
5.
Whichofthefollowingisakeyaspectregardingconsumerbehavior?
A. Organizationsareapplyingtheoriesandinformationaboutconsumerbehavioronadailybasis.
B.
Itisoftennecessarytoconductresearch.
C. Consumerbehaviorisacomplex,multidimensionalprocess.
D. Marketingpracticesdesignedtoinfluenceconsumerbehaviorinvolveethicalissuesthataffectthe
firm,theindividual,andsociety.
Alloftheabovearekeyaspects.
E.
Sufficientknowledgeofconsumerbehaviorexiststoprovideusableguidelines,butaccuratemonitoring
andpracticearerequired.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0101Defineconsumerbehavior
Topic:ConsumerBehaviorandMarketingStrategy
6.
WhichofthefollowingisNOTanapplicationofconsumerbehavior?
A.
marketingstrategy
humanresourcemanagement
B.
C.
regulatorypolicy
D.
informedconsumers
E.
socialmarketing
Humanresourcemanagementisnotanapplicationofconsumerbehavior.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0102Summarizetheapplicationsofconsumerbehavior
Topic:ApplicationsofConsumerBehavior
7.
Thomaswantstogainausableunderstandingofconsumerbehaviorinordertohelphimbecomeamore
effectivemarketingmanager.Whichapplicationofconsumerbehaviordoesthisrepresent?
marketingstrategy
A.
B.
regulatorypolicy
C.
socialmarketing
D.
informedconsumers
E.
resourcemanagement
Anaccurateunderstandingofconsumerbehaviorcangreatlyreducetheoddsoffailures.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0102Summarizetheapplicationsofconsumerbehavior
Topic:MarketingStrategy
1-24
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
8.
_____istheapplicationofmarketingstrategiesandtacticstoalterorcreatebehaviorsthathavea
positiveeffectonthetargetedindividualsorsocietyasawhole.
Socialmarketing
A.
B.
Consumerbehavior
C.
Regulation
D.
Proactivemarketing
E.
Ethicalmarketing
Socialmarketinghasbeenusedinattemptstoreducesmoking,toencourageenvironmentallysound
behaviorssuchasrecycling,andtosupportmanyotherimportantcauses.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0102Summarizetheapplicationsofconsumerbehavior
Topic:SocialMarketing
9.
Miaisconcernedhowhermarketingactivitieswillaffectindividualconsumersaswellassocietyat
large.Miaisimplementing_____.
A.
conscientiousmarketing
B.
regulatedmarketing
C.
ethicalmarketing
D.
proactivemarketing
socialmarketing
E.
Socialmarketingistheapplicationofmarketingstrategiesandtacticstoalterorcreatebehaviorsthat
haveapositiveeffectonthetargetedindividualsorsocietyasawhole.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0102Summarizetheapplicationsofconsumerbehavior
Topic:SocialMarketing
10.
Mosteconomicallydevelopedsocietiesarelegitimatelyreferredtoas_____societies.
A.
marketing
B.
proactive
consumption
C.
D.
competitive
E.
enhanced
Mostindividualsinthesesocietiesspendmoretimeengagedinconsumptionthaninanyotheractivity.
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Blooms:Remember
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Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Difficulty:2Medium
LearningObjective:0102Summarizetheapplicationsofconsumerbehavior
Topic:InformedIndividuals
11.
Whichofthefollowingisusedbyfirmstoinfluenceconsumers?
A.
ads
B.
packages
C.
storeenvironments
D.
salespitches
alloftheabove
E.
Marketersspendbillionstoinfluenceconsumerdecisions.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0102Summarizetheapplicationsofconsumerbehavior
Topic:InformedIndividuals
12.
Tosurviveinacompetitiveenvironment,anorganizationmustprovideitstargetcustomersmore_____
thanisprovidedtothembyitscompetition.
A.
product
B.
service
value
C.
D.
feedback
E.
attention
Customervalueisthedifferencebetweenallthebenefitsderivedfromatotalproductandallthecosts
ofacquiringthosebenefits.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
1-26
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
13.
Thedifferencebetweenallthebenefitsderivedfromatotalproductandallthecostsofacquiringthose
benefitsisknownas_____.
A.
price
B.
position
C.
consumerbehavior
customervalue
D.
E.
equity
Tosurviveinacompetitiveenvironment,anorganizationmustprovideitstargetcustomersmorevalue
thanisprovidedtothembyitscompetition.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
14.
Lauriesavedforsixmonthstohaveenoughmoneytobuyanewdesigneroutfittoweartoaspecial
party.Shehadtotraveltoalargercitytopurchasethisoutfit,butitwasworthittoherbecauseitmade
herfeelbeautifulandconfident.ThedifferencebetweenthebenefitsLaurieperceivedfromthis
purchaseandthecosttohertoacquirethesebenefitsdescribesher_____.
A.
consumerbehavior
customervalue
B.
C.
motivation
D.
equitydifference
E.
perceptualfield
Customervalueisthedifferencebetweenallthebenefitsderivedfromatotalproductandallthecosts
ofacquiringthosebenefits.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
15.
Itiscriticalthatafirmconsidervaluefromwhichperspective?
A.
thecompetition's
B.
thefirm's
thecustomer's
C.
D.
thegovernment's
E.
theindustry's
Marketingstrategyseekstoprovidethecustomerwithmorevaluethanthecompetitionwhilestill
producingprofitforthefirm.
AACSB:AnalyticalThinking
1-27
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
16.
Howcananorganizationprovidesuperiorcustomervaluetocustomers?
A.
byconductingmarketresearch
B.
byofferingitsproductsatthelowestprice
C.
byofferingextendedwarrantycoverageonproducts
D. bydoingabetterjobofanticipatingandreactingtocustomerneedsthanthecompetitiondoes
E.
byofferingmorevariationsofaproduct
Itiscriticalthatafirmconsidervaluefromthecustomer'sperspective.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
17.
Marketingstrategybeginswith_____.
A.
marketsegmentation
B.
targeting
C.
conductinganoutcomesassessment
D.
objectivesetting
conductingamarketanalysis
E.
Theorganizationidentifiesgroupsofindividuals,households,orfirmswithsimilarneeds.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
18.
Haroldistaskedwithdevelopingthemarketingstrategyforhisfamily'sbusiness.Whatshouldhedo
first?
A.
segmentthemarket
conductamarketanalysis
B.
C.
decideonwhichsegmentstotarget
D.
developthemarketingmix
E.
setobjectives
Theorganizationidentifiesgroupsofindividuals,households,orfirmswithsimilarneeds.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
1-28
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
19.
Marketingstrategyisformulatedintermsofthemarketingmix;thatis,itinvolvesdeterminingthe
product,features,price,communications,distribution,andservicesthatwillprovidecustomerswith
superiorvalue.Thisentiresetofcharacteristicsisoftenreferredtoasthe_____.
totalproduct
A.
B.
customervalue
C.
offering
D.
valueproposition
E.
totalvalue
Thetotalproductispresentedtothetargetmarket,whichisconsistentlyengagedinprocessing
informationandmakingdecisions.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
20.
DisneyWorldinOrlando,FL,hasseveralthemeparks,resorts,restaurants,andstores.Eachis
intentionallycreatedtoofferamemorableeventforvisitors.Forexample,theWildernessLodgeisa
largeresorthotelonthegrounds,andeverythingwithinitismadetolooklikelogcabinsandpioneer
days.Eventhecasualrestauranthasthewaitstaffdressedinpioneercostumes,andtheyputonfunny
littleskitswhentheyarewaitingoncustomers.WhichofthefollowingbestdescribeswhatDisneyis
selling?
A.
aproduct
B.
aservice
C.
abundledproduct
D.
abundledservice
anexperience
E.
Anexperienceoccurswhenacompanyintentionallycreatesamemorableeventforcustomers.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
1-29
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McGraw-Hill Education.
21.
Ashopperwhocaresaboutbrandnamemerchandiseandconvenienceisknownasa________
shopper.
A.
destination
B.
brand
C.
basic
D.
enthusiast
serious
E.
Aseriousshoppercaresaboutbrandnamemerchandiseandconvenience.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:CustomerswithSimilarNeedSets
22.
Whichofthefollowingisacomponentofamarketanalysis?
A.
marketsegmentation
B.
objectives
conditions
C.
D.
price
E.
alloftheabove
Thestateoftheeconomy,thephysicalenvironment,governmentregulations,andtechnological
developmentsaffectconsumerneedsandexpectationsaswellascompanyandcompetitorcapabilities.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Conditions
23.
Darrenisconductingamarketanalysisforhisbusiness,andhehasaskedyouradviceonwhatheshould
beanalyzing.Whichofthefollowingshouldheconsideratthisstepofmarketingstrategy
development?
A.
thecompany'sownabilitytomeetcustomerneeds
B.
competitors'capabilitiesandstrategies
C.
consumers'needs
D.
conditionsinthemarket
alloftheabove
E.
Marketanalysisrequiresathoroughunderstandingofthecompany'sownabilitytomeetcustomer
needs,competitors'capabilitiesandstrategies,consumers'needs,andconditionsinthemarket.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
1-30
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McGraw-Hill Education.
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketAnalysisComponents
24.
Jamieisdevelopingathoroughunderstandingofhiscompany'sowncapabilities;thecapabilitiesof
currentandfuturecompetitors;theconsumptionprocessofpotentialcustomers;andtheeconomic,
physical,andtechnologicalenvironmentinwhichtheseelementsinteract.Whichstepinthemarketing
strategyprocessisJamieperforming?
A.
settingobjectives
B.
segmentingthemarket
conductingamarketanalysis
C.
D.
assessingtheoutcomes
E.
targetingthemarket
Marketanalysisrequiresathoroughunderstandingofthecompany'sownabilitytomeetcustomer
needs,competitors'capabilitiesandstrategies,consumers'needs,andconditionsinthemarket.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketAnalysisComponents
25.
Whichofthefollowingaspectsisevaluatedwhendeterminingafirm'sabilitytomeetcustomerneeds?
A.
financialcondition
B.
generalmanagerialskills
C.
productioncapabilities
D.
technologicalsophistication
alloftheabove
E.
Failuretofullyunderstandstrengthsandweaknessescancauseseriousproblems.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:TheCompany
1-31
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
26.
WhichofthefollowingisNOTevaluatedwhenanalyzingacompany'sownabilitytomeetcustomer
needs?
competitors
A.
B.
financialstrengths
C.
generalmanagerialskills
D.
productioncapabilities
E.
reputation
Whenanalyzingacompany'sownabilitytomeetcustomerneeds,competitorsarenotconsidered.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:TheCompany
27.
Aspartofdevelopingyourcompany'smarketingstrategy,youaretaskedwithanalyzingthenew
productcapabilities,channelstrength,advertisingabilities,servicecapabilities,marketingresearch
abilities,andmarketandconsumerknowledge.Whichaspectofyourcompany'scapabilitiesareyou
assessing?
A.
financialstrength
marketingskills
B.
C.
generalmanagerialskills
D.
productioncapabilities
E.
reputation
Marketingskillsincludenewproductcapabilities,channelstrength,advertisingabilities,service
capabilities,marketingresearchabilities,andmarketandconsumerknowledge.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:TheCompany
28.
Aportionofalargermarketwhoseneedsdiffersomewhatfromthelargermarketisreferredtoasa(n)
_____.
marketsegment
A.
B.
niche
C.
subgroup
D.
ancillarymarket
E.
secondarymarket
Tobeviable,asegmentmustbelargeenoughtobeservedprofitably.
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Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketSegmentation
29.
Smallerwomenliketopurchasefashionableclothesjustasmuchasanywomen.However,mostclothes
arenotproportionedfortheirsmallersizeanddonotfitwell.Asaresult,severalmanufacturersoffer
"petite"sizesofclothingforthisgroupofconsumers.Womenwhocomprisethisgrouphaveneedsthat
differsomewhatfromthetotalmarketandrepresenta_____.
A.
demographicsegment
B.
lifestylesegment
C.
marketpotential
D.
submarket
marketsegment
E.
Amarketsegmentisaportionofalargermarketwhoseneedsdiffersomewhatfromthelargermarket.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketSegmentation
30.
Trackingconsumers'onlineactivityanddeliveringspecificbanneradsbasedonthatactivityisknown
as_____.
A.
clickstream
B.
blogging
C.
spam
behavioraltargeting
D.
E.
electronictargeting
Behavioraltargetingisanexampleofhowtechnologyismakingindividualizedcommunication
increasinglycosteffective.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketSegmentation
1-33
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
31.
TacodaSystemstracksconsumers'onlineactivityanddeliversspecificbannersbasedonthatactivity.
Thistrackingandaddeliverysystemhasbeeninstalledonalmost3,000websites,andadvertiserspay
onapayforperformancebasis,whichmeansthatadvertiserspayTacodaSystemsonlywhena
consumerclicksontheirad.Thetrackingofonlineactivityanddeliveryofadsbasedonthatactivityis
called_____.
A.
clickthroughs
behavioraltargeting
B.
C.
spamming
D.
blogging
E.
cookietargeting
Trackingconsumers'onlineactivityanddeliveringspecificbanneradsbasedonthatactivityisknown
asbehavioraltargeting.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketSegmentation
32.
Whatisthefirststepinmarketsegmentation?
A.
describeeachgroup
B.
groupcustomerswithsimilarneedssets
identifyproductrelatedneedsets
C.
D.
selectanattractivesegmenttoserve
E.
setobjectivesforsegmenting
Mostproductsindevelopedeconomiessatisfymorethanoneneed.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketSegmentation
33.
WhatistheLASTstepinmarketsegmentation?
A.
describeeachgroup
selectanattractivesegment(s)toserve
B.
C.
identifyproductrelatedneedsets
D.
groupcustomerswithsimilarneedsets
E.
decidethesegmentingscheme
Thelaststepinmarketsegmentationisselectinganattractivesegment(s)toserve.
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Accessibility:KeyboardNavigation
Blooms:Remember
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McGraw-Hill Education.
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketSegmentation
34.
WhichofthefollowingisNOTastepinmarketsegmentation?
setbudget
A.
B.
identifyproductrelatedneedsets
C.
groupcustomerswithsimilarneedsets
D.
describeeachgroup
E.
selectanattractivesegment(s)toserve
Settingabudgetisnotastepinmarketsegmentation.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketSegmentation
35.
Carlosisattemptingtosegmentthemarketforhiscompany'sproducts.Whereshouldhebegin?
A.
setobjectives
identifyproductrelatedneedsets
B.
C.
groupcustomerswithsimilarneedsets
D.
describeeachgroup
E.
selectanattractivesegment(s)toserve
Thefirststepinmarketsegmentationisidentifyingproductrelatedneedsets.
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Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketSegmentation
36.
Whichtermreflectsthefactthatmostproductsindevelopedeconomiessatisfymorethanoneneed?
A.
multiplicity
B.
duplicity
C.
needarray
needset
D.
E.
valueproposition
Productscanmeetdifferentneedsbeyondtheirbasicfunction.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
1-35
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McGraw-Hill Education.
Topic:ProductRelatedNeedSets
37.
Barryislookingforacarthatisdependableyetstylishenoughtoletothersknowthathehasachieveda
respectablestatusinhislifeandcareer.Healsowantsittobeahighperformanceautomobile.
Dependability,status,andperformancerepresentBarry's_____.
A.
selfimage
needset
B.
C.
alterego
D.
unarticulatedneeds
E.
lifestyle
Productscanmeetdifferentneedsbeyondtheirbasicfunction.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:ProductRelatedNeeds
38.
Whichofthefollowingisusedtodescribeagroupofconsumerswithsimilarneedssets?
A.
demographics
B.
lifestyles
C.
mediausage
D.
AandB
A,B,andC
E.
Designinganeffectivemarketingprogramrequireshavingacompleteunderstandingofthepotential
customers.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:DescriptionofEachGroup
1-36
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39.
Talbot'sisawomen'sclothingstorethatoffersclassicfashionsataslightlypremiumprice(i.e.,awool
skirttypicallycostsmorethan$100).Duringtheprocessofmarketsegmentation,Talbot'sidentifieda
groupofconsumerswhoarelargerthanaveragewomenyetstillwantstylishclothing.Furtherresearch
intothissegmentrevealedthatthesewomentendtobebetweentheagesof35and50,arecareer
oriented,haveahouseholdincomeover$50,000,andaremarriedwithchildrenundertheageof18
livingathome.Thiswomeninthisgrouparealsoheavyusersofmagazinesandnewspapersaswellas
primetimetelevision.Whichstepofmarketsegmentationdoesthisdescribe?
A.
identifyingproductrelatedneedsets
B.
groupingcustomerwithsimilarneedsets
describingeachgroup
C.
D.
selectinganattractivesegment(s)toserve
E.
profilingcurrentcustomers
Designinganeffectivemarketingprogramrequireshavingacompleteunderstandingofthepotential
customers.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:DescriptionofEachGroup
40.
Thesegment(s)withinthelargermarketonwhichanorganizationwillfocusitsmarketingeffortis
referredtoasthe_____.
A.
needset
targetmarket
B.
C.
customerset
D.
strategicmarket
E.
primarymarket
Theselectionofatargetmarketisbasedontheabilitytoprovidetheselectedsegment(s)withsuperior
customerserviceataprofit.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:AttractiveSegment(s)toServe
1-37
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41.
J&JProduceisadistributoroffreshproduce.Itconductedathoroughanalysisofitsmarketand
identifiedgroupsofconsumersthathadsimilarproductrelatedneeds.Oneparticularmarketidentified
wantedfreshanduniqueproduce,suchasSwisschard,radicchio,andexoticfruits,andtheywere
willingtopayhigherpricesforthesechoices.J&JProducedecidedtofocusitsmarketingeffortonthis
segmentofthetotalmarket.ThissegmentisJ&J's_____.
A.
needset
B.
primarymarket
C.
customerset
targetmarket
D.
E.
marketfocus
Thesegment(s)withinthelargermarketonwhichanorganizationwillfocusitsmarketingeffortis
referredtoasthetargetmarket.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:AttractiveSegment(s)toServe
42.
Whichofthefollowingisusedtoevaluatetheattractivenessofvariousmarketsegments?
A.
segmentsize
B.
distributionavailable
C.
fitwithcompanyimage
D.
costtoserve
alloftheabove
E.
Manycriteriaareusedtoevaluateandcomparetheattractivenessofvariousmarketsegments.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:AttractiveSegment(s)toServe
1-38
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McGraw-Hill Education.
43.
Juanhassegmentedthemarketforboatsandiscurrentlyanalyzingeachwithrespecttoseveralfactors,
suchassize,growthrate,competitorstrength,fitwithcompanyimage,distributionavailable,costto
serve,andriskbeforedecidingwhichsegmenttotarget.WhichstepofmarketsegmentationisJuan
conducting?
A.
identifyingproductrelatedneedsets
B.
groupingcustomerwithsimilarneedsets
C.
describingeachgroup
selectinganattractivesegment(s)toserve
D.
E.
profilingcurrentcustomers
Manycriteriaareusedtoevaluateandcomparetheattractivenessofvariousmarketsegments.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:AttractiveSegment(s)toServe
44.
Theproduct,price,communications,distribution,andservicesprovidedtothetargetmarketisreferred
toasthe_____.
A.
needset
marketingmix
B.
C.
marketingset
D.
decisionset
E.
valueproposition
Thecombinationoftheseelementsmeetscustomerneedsandprovidescustomervalue.
AACSB:AnalyticalThinking
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Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategy
45.
Whichofthefollowingispartofthemarketingmix?
A.
product
B.
price
C.
communications
D.
distribution
alloftheabove
E.
Product,price,communications,anddistributionareallpartofthemarketingmix.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
1-39
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McGraw-Hill Education.
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategy
46.
A(n)_____isanythingaconsumeracquiresormightacquiretomeetaperceivedneed.
A.
satisfier
B.
endstate
product
C.
D.
valueproposition
E.
outcome
Theterm"product"isusedtorefertophysicalproductsandprimaryorcoreservices.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:TheProduct
47.
Tobesuccessful,aproductmust_____.
A. meettheneedsofthetargetmarketbetterthanthecompetitiondoes
B.
belowerpricedthancompetitors'products
C.
beofhigherqualitythancompetitors'products
D.
beadvertisedmorethancompetitors'products
E.
havegreaterdistributionthanthecompetitiondoes
Tobesuccessful,aproductmustmeettheneedsofthetargetmarketbetterthanthecompetitiondoes.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:TheProduct
48.
_____include(s)advertising,thesalesforce,publicrelations,packaging,andanyothersignalthatthe
firmprovidesaboutitselfanditsproducts.
A.
Valuepromotions
B.
Brandequity
C.
Distribution
D.
Marketsegmentation
Marketingcommunications
E.
Marketingcommunicationsincludesadvertising,thesalesforce,publicrelations,packaging,andany
othersignalthatthefirmprovidesaboutitselfanditsproducts.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
1-40
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Communications
49.
Whichofthefollowingisincludedinmarketingcommunications?
A.
advertising
B.
salesforce
C.
publicrelations
D.
packaging
alloftheabove
E.
Advertising,salesforce,publicrelations,andpackagingareallincludedinmarketingcommunications.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Communications
50.
WhichofthefollowingisNOTacriticalquestionfordevelopingmarketingcommunications?
A.
Whodowewanttocommunicatewith?
B.
Whateffectdowewanttohave?
C.
Whatmessagewillachievethedesiredresult?
D.
Whatmediashouldweuse?
Alloftheabovearecriticalquestions.
E.
Aneffectivecommunicationsstrategyrequiresanswerstothesecriticalquestions.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Communications
51.
_____istheamountofmoneyonemustpaytoobtaintherighttousetheproduct.
A.
Consumercost
B.
Totalcost
Price
C.
D.
Value
E.
Customervalue
Onecanbuyownershipofaproductor,formanyproducts,limitedusagerights.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Price
1-41
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
52.
Amypurchasedanew32inchLCDhighdefinitiontelevisionandpaid$400forit.Thisamountof
moneyAmyhadtopaytoobtainthisproductisknownasthe_____.
A.
totalcost
B.
value
C.
valueproposition
price
D.
E.
consumercost
Priceistheamountofmoneyonemustpaytoobtaintherighttousetheproduct.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Price
53.
_____iseverythingtheconsumermustsurrenderinordertoreceivethebenefitsofowning/usingthe
product.
A.
Value
Consumercost
B.
C.
Price
D.
Opportunitycost
E.
Valueproposition
Firmsseektoprovidecustomervaluebyreducingthenonpricecostsofowningoroperatingaproduct.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Price
54.
Timothyandhiswifeareconsideringthepurchaseofanewcar.Inadditiontotheprice,theyarealso
consideringthecostofinsurance,gasoline,maintenance,financecharges,andlicensefees.Allofthese
factorscombinedrepresentthe_____.
A.
value
B.
price
C.
opportunitycost
consumercost
D.
E.
valueproposition
Priceiseverythingtheconsumermustsurrenderinordertoreceivethebenefitsofowning/usingthe
product.
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Accessibility:KeyboardNavigation
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Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Price
55.
Whichelementofthemarketingmixisconcernedwithhavingtheproductavailablewheretarget
customerscanbuyit?
A.
product
B.
price
distribution
C.
D.
communications
E.
placement
Gooddistributiondecisionsrequireasoundknowledgeofwheretargetcustomersshopfortheproduct
inquestion.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Distribution
56.
Tony'sjobentailsmakingsurehiscompany'sproductsgettoretailerssothattargetcustomerscanbuy
them.WhichelementofthemarketingmixisTonyinvolvedwith?
A.
product
B.
price
distribution
C.
D.
communications
E.
placement
Distributionisconcernedwithhavingtheproductavailablewheretargetcustomerscanbuyit.
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Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Distribution
1-43
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57.
Auxiliaryorperipheralactivitiesthatareperformedtoenhancetheprimaryproductorprimaryservice
arereferredtoas_____.
service
A.
B.
supplementalproduct
C.
intangiblebenefits
D.
secondaryproduct
E.
ancillaryattributes
Afirmmustexplicitlymanageitsauxiliaryservicestohaveacompetitiveadvantage.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Service
58.
WhichofthefollowingisNOTconsideredoneofthefirm'soutcomesofthemarketingstrategyand
consumerbehaviorprocess?
A.
productposition
B.
customersatisfaction
service
C.
D.
salesandprofits
E.
Alloftheaboveareconsideredoutcomesforthefirm.
Serviceisnotconsideredoneofthefirm'soutcomesofthemarketingstrategyandconsumerbehavior
process.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:FirmOutcomes
59.
Animageoftheproductorbrandintheconsumer'smindrelativetocompetingproductsandbrandsis
referredtoastheproduct's_____.
A.
equity
B.
extension
C.
message
D.
placement
position
E.
Thisimageconsistsofasetofbeliefs,pictorialrepresentations,andfeelingsabouttheproductorbrand.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
1-44
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McGraw-Hill Education.
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:FirmOutcomes
60.
Aproduct'spositionrefersto_____.
A.
itsshelflocationinretailstores
B. animageoftheproductintheconsumer'smindrelativetocompetingproducts
C. itspricerelativetootherproductsinthefirm'sproductline
D.
itspricerelativetocompetitors'products
E.
itsstageintheproductdevelopmentprocess
Thisimageconsistsofasetofbeliefs,pictorialrepresentations,andfeelingsabouttheproductorbrand.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:FirmOutcomes
61.
Rodissurveyingconsumerstogainabetterunderstandingofhisrestaurant'simagerelativeto
competingrestaurants.Rodisconcernedwithhisrestaurant's_____.
position
A.
B.
equity
C.
placement
D.
driver
E.
satisfactionindex
Aproduct'spositionreferstoanimageoftheproductintheconsumer'smindrelativetocompeting
products.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:FirmOutcomes
62.
Whichoutcomeofmarketingstrategyproducestherevenuenecessaryforthefirmtocontinuein
business?
A.
customersatisfaction
B.
productposition
C.
consumption
D.
socialwelfare
salesandprofits
E.
Firmsevaluatethesuccessoftheirmarketingprogramsintermsofsalesrevenuesandprofits.
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Accessibility:KeyboardNavigation
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1-45
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McGraw-Hill Education.
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:FirmOutcomes
63.
JohnpurchasesandissatisfiedwithhisSUVbecausehebelievesthatitprovidesgreatercrashsafety
thanasedaneventhoughthisisnottechnicallytrue.John'ssatisfactionisbasedonthedistinction
between_____.
A. primaryneedfulfillmentandsecondaryneedfulfillment
actualneedfulfillmentandperceivedneedfulfillment
B.
C.
initialneedfulfillmentandrepeatneedfulfillment
D. articulatedneedfulfillmentandunarticulatedneedfulfillment
E.
attributefulfillmentandbenefitfulfillment
Thesetwoprocessesarecloselyrelatedandareoftenidentical;however,attimestheydiffer.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:IndividualOutcomes
64.
_____occurswhenindividualsorgroupsmakeconsumptiondecisionsthathavenegativeconsequence
fortheirlongrunwellbeing.
A.
Disintermediation
B.
Conspicuousconsumption
C.
Disenfranchisement
Injuriousconsumption
D.
E.
Demarketing
Examplesareoverspending,consumptionofunhealthyproductssuchasalcoholandcigarettes,and
gambling.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:IndividualOutcomes
1-46
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
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65.
Bobandhisfriendsgoouteveryweekendanddrinkuntiltheygetdrunk.Thentheydrivehomeinthat
condition.Whichtypeofconsumptiondoesthisrepresent?
injuriousconsumption
A.
B.
severeconsumption
C.
conspicuousconsumption
D.
unethicalconsumption
E.
antisocialconsumption
Injuriousconsumptionoccurswhenindividualsorgroupsmakeconsumptiondecisionsthathave
negativeconsequencefortheirlongrunwellbeing.
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Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:IndividualOutcomes
66.
Whichofthefollowingisasocietaloutcomeofmarketingstrategyandconsumerbehavior?
A.
sales
B.
needsatisfaction
socialwelfare
C.
D.
customersatisfaction
E.
productposition
Consumerdecisionsaffectthegeneralsocialwelfareofasociety.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:SocietyOutcomes
67.
WhichofthefollowingisNOTasocietaloutcomeofmarketingstrategyandconsumerbehavior?
A.
economicoutcomes
customersatisfaction
B.
C.
physicalenvironmentoutcomes
D.
socialwelfare
E.
Alloftheabovearesocietaloutcomes.
Customersatisfactionisnotasocietaloutcomeofmarketingstrategyandconsumerbehavior.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:SocietyOutcomes
1-47
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
68.
WhichisNOTastepintheconsumer'sdecisionprocess?
A.
informationsearch
B.
postpurchaseprocesses
C.
problemrecognition
D.
alternativeevaluationandselection
selfconceptanalysis
E.
Selfconceptanalysisisnotastepintheconsumer'sdecisionprocess.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:TheNatureofConsumerBehavior
69.
Whichofthefollowingisaninternalinfluenceonconsumerbehavior?
A.
culture
B.
family
attitudes
C.
D.
marketingactivities
E.
referencegroups
Attitudesisaninternalinfluenceonconsumerbehavior.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:TheNatureofConsumerBehavior
70.
WhichisNOTanexternalinfluenceonconsumerbehavior?
A.
culture
B.
family
C.
socialstatus
perception
D.
E.
marketingactivities
Perceptionisaninternalinfluenceonconsumerbehavior.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:3Hard
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:TheNatureofConsumerBehavior
1-48
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McGraw-Hill Education.
71.
Teresaistryingtounderstandhercustomersbetter.Sheisexaminingtheexternalinfluencesthatshape
hercustomers'selfconceptsandlifestyles.Whichofthefollowingisapossibleexternalinfluence
Teresacouldexamine?
A.
motives
B.
personality
C.
perception
D.
attitudes
culture
E.
Cultureisperhapsthemostpervasiveinfluenceonconsumerbehavior.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:TheNatureofConsumerBehavior
72.
LizClaiborneisabrandofclothing,accessories,andhomeproducts.Brandmanagersatthiscompany
aretryingtolearnwhichinternalinfluencesimpacttheircustomers'needsanddesiresmost.Whichof
thefollowingisapossibleinternalinfluencethesemanagersshouldexamine?
A.
culture
personality
B.
C.
demographics
D.
family
E.
socialstatus
Personalityisanindividual'scharacteristicresponsetendenciesacrosssimilarsituations.
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Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:TheNatureofConsumerBehavior
73.
Whatisthefirststepintheconsumerdecisionprocess?
problemrecognition
A.
B.
budgetsetting
C.
informationsearch
D.
outletselection
E.
alternativeevaluationandselection
Thefirststepintheconsumerdecisionprocessisproblemrecognition.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
1-49
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McGraw-Hill Education.
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:TheNatureofConsumerBehavior
74.
WhichofthefollowingstatementsisTRUEregardingtheoverallmodelofconsumerbehavior?
A. Itissufficientlydetailedsoastopredictparticularbehaviors.
B. Familyandcultureareinternalinfluencesonconsumerbehavior.
C. Personality,emotions,andattitudesrepresentexternalinfluencesonconsumerbehavior.
D. Aconsumer'sselfconceptandlifestyleinfluencehisorherneedsanddesires.
E. Experiencesandacquisitionshavelittleeffectontheprocess.
Aconsumer'sselfconceptandlifestyleinfluencehisorheneedsanddesires.
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Blooms:Remember
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:TheNatureofConsumerBehavior
75.
Thetotalityofanindividual'sthoughtsandfeelingsabouthimorherselfisknownas_____.
A.
lifestyle
selfconcept
B.
C.
internalinfluences
D.
externalinfluences
E.
consumptionoutcomes
Selfconceptisreflectedinalifestyle.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:SelfConceptandLifestyle
76.
_____representshowonelives,includingtheproductsonebuys,howoneusesthem,whatonethinks
aboutthem,andhowonefeelsaboutthem.
Lifestyle
A.
B.
Selfconcept
C.
Position
D.
Status
E.
Socialclass
Lifestyleisthesumoftheperson'spastdecisionsandfutureplans.
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Blooms:Remember
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
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McGraw-Hill Education.
Topic:SelfConceptandLifestyle
77.
Whichtypeofdecisionsinvolveverylittleeffortorthoughtonthepartoftheconsumer?
A.
primarydecisions
B.
topofminddecisions
lowinvolvementdecisions
C.
D.
automaticdecisions
E.
selfrelateddecisions
Mostconsumerdecisionsinvolveverylittleeffortorthoughtonthepartoftheconsumer.
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Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:SelfConceptandLifestyle
78.
Karenwasatthecheckoutatthegrocerystoreandrememberedthatshewasoutofchewinggumthat
shenormallylikestokeepinherpurse.Withoutmuchthought,shegrabbedtwopackagesofthegum
shelikes.Whattypeofconsumerdecisiondoesthisillustration?
A.
primarydecision
B.
topofminddecision
lowinvolvementdecision
C.
D.
automaticdecision
E.
selfrelateddecision
Lowinvolvementdecisionsinvolveverylittleeffortorthoughtonthepartoftheconsumer.
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Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:SelfConceptandLifestyle
79.
Accordingtothe"ConsumerInsight"inyourtext,buyingautoinsurancerepresentswhichformof
consumptionmeaning?
A.
mundane
avoidance
B.
C.
innovativebrands
D.
function
E.
noneoftheabove
Consumptionhasmanymeanings.Insurancerepresentsriskreductionandthusgarnersmeaningin
helpingtoavoidsuchrisks.
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Blooms:Remember
Difficulty:2Medium
LearningObjective:0105Discussissuesinvolvingconsumptionmeaningsandfirmattemptstoinfluencethem
Topic:TheMeaningofConsumption
80.
WhatdoestheconsumptionofaproductlikeNikeshoesmeantoAndre,theworkingpoorconsumer
discussedinthetext?
A. Hecanaffordabrandthatissuperiorinmeetinghisphysicalneeds.
B.
Hispeerswillnowaccepthim.
C. Theyserveasavisiblesymbolthatheisbackasasuccessfulmemberofsociety.
D.
Hispeerswilltrytobemorelikehim.
E.
Theyserveasareminderofwhatheusedtohave.
Lowincomeconsumerswantthesameproductsandservicesotherconsumerswant.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Understand
Difficulty:2Medium
LearningObjective:0105Discussissuesinvolvingconsumptionmeaningsandfirmattemptstoinfluencethem
Topic:TheMeaningofConsumption
Consumerbehaviorisacomplex,multidimensionalprocess.
TRUE
Consumerdecisionsofteninvolvenumerousstepsandareinfluencedbyahostoffactors,including
demographics,lifestyle,andculturalvalues.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0101Defineconsumerbehavior
Topic:ConsumerBehaviorandMarketingStrategy
82.
Marketingdecisionsandregulationsarebasedonexactknowledgeofconsumerbehavior.
FALSE
Marketingdecisionsbasedonexplicitconsumerbehaviortheory,assumptions,andresearcharemore
likelytobesuccessfulthanthosebasedonhunchesorintuition.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0102Summarizetheapplicationsofconsumerbehavior
Topic:MarketingStrategy
1-52
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
83.
Economicallydevelopedsocietiesareoftenreferredtoasmarketingsocieties.
FALSE
Mosteconomicallydevelopedsocietiesareoftenreferredtoasconsumptionsocieties.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0102Summarizetheapplicationsofconsumerbehavior
Topic:InformedIndividuals
84.
Itiscriticalthatafirmconsidervaluefromthecustomer'sperspective.
TRUE
Tosurviveinacompetitiveenvironment,anorganizationmustprovideitstargetcustomerswithmore
valuethanisprovidedtothembyitscompetitors.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
85.
Marketingstrategybeginswithobjectivesetting.
FALSE
Marketingstrategybeginswithananalysisofthemarkettheorganizationisconsidering.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
86.
Productfeatures,price,communications,distribution,andservicestogetherareoftenreferredtoas
customervalue.
FALSE
Thissetoffeaturesisoftenreferredtoasthetotalproduct.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:3Hard
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketingStrategyandConsumerBehavior
1-53
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
87.
Shopperswhoonlycareaboutmallessentialsareknownasdestinationshoppers.
FALSE
Shopperswhoonlycareaboutmallessentialsareknownasbasicshoppers.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:CustomerswithSimilarNeedSets
88.
Marketingskillsincludeafirm'sfinancialexpertise,generalmanagerialskills,productioncapabilities,
researchanddevelopmentcapabilities,technologicalsophistication,andreputation.
FALSE
Marketingskillsincludenewproductcapabilities,channelstrength,advertisingabilities,service
capabilities,marketingresearchabilities,andmarketandconsumerknowledge.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:TheCompany
89.
Trackingconsumers'onlineactivityandsendingthemspecificbanneradsbasedonthatactivityis
knownasbehavioraltargeting.
TRUE
Behavioraltargetingisanexampleofhowtechnologyismakingindividualizedcommunication
increasinglycosteffective.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketSegmentation
90.
Thetermusedtoreflectthefactthatmostproductsindevelopedeconomiessatisfymorethanoneneed
iscustomervalue.
FALSE
Thetermisneedset.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:ProductRelatedNeedSets
1-54
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
91.
Atargetmarketisthatsegment(s)ofthelargermarketonwhichacompanywillfocusitsmarketing
effort.
TRUE
Theselectionofatargetmarketisbasedontheabilitytoprovidetheselectedsegment(s)withsuperior
customerserviceataprofit.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:1Easy
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:AttractiveSegment(s)toServe
92.
Theoutcomesofafirm'smarketingstrategyaredeterminedbyitsinteractionwiththeconsumer
decisionprocess.
TRUE
Theconsumerdecisionprocessintervenesbetweenthemarketingstrategyandtheoutcomes.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:ConsumerDecisions
93.
Twokeyprocessesinvolvedinneedsatisfactionaretheactualneedfulfillmentandtheperceivedneed
fulfillment.
TRUE
Thesetwoprocessesarecloselyrelatedandareoftenidentical;however,attimestheydiffer.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:IndividualOutcomes
94.
Aconsumer'sneedsanddesiresareshapedbyhisorherselfconceptandlifestyle.
TRUE
Theseselfconceptsandlifestylesproduceneedsanddesires,manyofwhichrequireconsumption
decisionstosatisfy.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:TheNatureofConsumerBehavior
1-55
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
95.
Lifestyleisthetotalityofanindividual'sthoughtsandfeelingsabouthimorherself.
FALSE
Thetotalityofanindividual'sthoughtsandfeelingsabouthimorherselfisknownaslifestyle.
AACSB:AnalyticalThinking
Accessibility:KeyboardNavigation
Blooms:Remember
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:SelfConceptandLifestyle
Essay Questions
96.
Describethefieldofconsumerbehavior,anddiscussthefourkeyaspectsofconsumerbehaviorthat
makeitanimportantareaofstudy.
Thefieldofconsumerbehavioristhestudyofindividuals,groups,ororganizationsandtheprocesses
theyusetoselect,secure,use,anddisposeofproducts,services,experiences,orideastosatisfyneeds
andtheimpactsthattheseprocesseshaveontheconsumerandsociety.Fourkeyaspectsofconsumer
behaviorthatmakeitanimportantareaofstudyare:
a.Successfulmarketingdecisionsbycommercialfirms,nonprofitorganizations,andregulatory
agenciesrequireextensiveinformationaboutconsumerbehavior.Organizationsareapplyingtheories
andinformationaboutconsumerbehavioronadailybasis.
b.Thereisaneedtocollectinformationaboutthespecificconsumersinvolvedinthemarketing
decisionathand.
c.Consumerbehaviorisacomplex,multidimensionalprocess.
d.Marketingpracticesdesignedtoinfluenceconsumerbehaviorinvolveethicalissuesthataffectthe
firm,theindividual,andsociety.
AACSB:AnalyticalThinking
Blooms:Understand
Difficulty:3Hard
LearningObjective:0101Defineconsumerbehavior
Topic:ConsumerBehaviorandMarketingStrategy
1-56
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
97.
Listandbrieflydescribeapplicationsofconsumerbehavior.
MarketingStrategyallmarketingstrategiesandtacticsarebasedonexplicitorimplicitbeliefsabout
consumerbehavior,andknowledgeofconsumerbehaviorcanbeanimportantcompetitiveadvantage.
RegulatoryPolicyvariousregulatorybodiesexisttodevelop,interpret,and/orimplementpolicies
designedtoprotectandaidconsumers.Clearly,effectiveregulationofmanymarketingpractices
requiresanextensiveknowledgeofconsumerbehavior.
SocialMarketingtheapplicationofmarketingstrategiesandtacticstoalterorcreatebehaviorsthat
haveapositiveeffectonthetargetedindividualsorsocietyasawhole.Successfulsocialmarketing
strategyrequiresasoundunderstandingofconsumerbehavior.
InformedIndividualsmosteconomicallydevelopedsocietiesarelegitimatelyreferredtoas
consumptionsocieties.Knowledgeofconsumerbehaviorcanenhanceourunderstandingofour
environmentandourselves.Suchanunderstandingisessentialforsoundcitizenship,effective
purchasingbehavior,andreasonedbusinessethics.
AACSB:AnalyticalThinking
Blooms:Understand
Difficulty:2Medium
LearningObjective:0102Summarizetheapplicationsofconsumerbehavior
Topic:ApplicationsofConsumerBehavior
98.
Listandbrieflydescribethefourstepsinvolvedinmarketsegmentation.
a.Identifyingproductrelatedneedsets.Thefirsttaskistoidentifyneedsetsthattheorganizationis
capable,orcouldbecomecapable,ofmeeting.Identifyingthevariousneedsetsthatthefirm'scurrentor
potentialproductmightsatisfytypicallyinvolvesconsumerresearch.
b.Groupingcustomerswithsimilarneedsets.Thisstepgenerallyinvolvesconsumerresearch.
c.Describingeachgroup.Onceconsumerswithsimilarneedsetsareidentified,theyshouldbe
describedintermsoftheirdemographic,lifestyles,andmediausage.Itisnecessarytohaveacomplete
understandingofpotentialcustomersforamarketingprogramtobeeffective.
d.Selectinganattractivesegment(s)toserve.Oncewearesurewehaveathoroughunderstandingof
eachsegment,wemustselectourtargetmarket,whichisthatsegment(s)ofthelargermarketonwhich
wewillfocusourmarketingefforts.Factorstoconsiderincludeasegment'ssizeandgrowthrate,
competitorstrength,customersatisfactionwithexistingproducts,fitwithcompanyimage,objectives,
andresources,distributionavailability,andsoon.
AACSB:AnalyticalThinking
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:MarketSegmentation
1-57
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
99.
Brieflydescribetheoutcomesofmarketingstrategyforthefirm,consumers,andsociety.
FirmOutcomesincludeproductposition,sales,andcustomersatisfaction.Aproduct'spositionisthe
imageoftheproductorbrandintheconsumer'smindrelativetocompetingproductsandbrands.Sales
areacriticaloutcome,becausetheyproducetherevenuenecessaryforthefirmtocontinueinbusiness,
andvirtuallyallfirmsevaluatethesuccessoftheirmarketingprogramintermsofsales.Customer
satisfactionisamajorconcernofmarketersbecauseitisgenerallymoreprofitabletomaintainexisting
customersthantoreplacethemwithnewones.
Consumer(Individual)Outcomesincludeneedsatisfactionandinjuriousconsumption.Themost
obviousoutcomeoftheconsumptionprocessforanindividualissomelevelofsatisfactionoftheneed
thatinitiatedtheconsumptionprocess.Twokeyprocessesareinvolved:actualneedfulfillmentandthe
perceivedneedfulfillment.Injuriousconsumptionoccurswhenindividualsorgroupsmake
consumptiondecisionsthathavenegativeconsequencesfortheirlongrunwellbeing.
SocietyOutcomesincludeeconomicoutcomes,physicalenvironmentoutcomes,andsocialwelfare.
Thecumulativeimpactofconsumers'purchasedecisionsisamajordeterminantofthestateofagiven
country'seconomy.Consumersmakedecisionsthathaveamajorimpactonthephysicalenvironments
ofboththeirownandothersocieties.Consumerdecisionsaffectthegeneralsocialwelfareofasociety
aswell.Injuriousconsumptionaffectssocietyaswellastheindividualsinvolved.
AACSB:AnalyticalThinking
Blooms:Understand
Difficulty:2Medium
LearningObjective:0103Explainhowconsumerbehaviorcanbeusedtodevelopmarketingstrategy
Topic:Outcomes
100.
Alexisdevelopingthemarketingstrategyforabrandofmen'sclothing.Beforehedevelopshisstrategy,
Alexwillconductresearchtobetterunderstandhiscustomers.Brieflydescribeaconceptualmodelthat
includesthefactorsheshouldconsiderinhisresearch.
Thisquestionisattemptingtogetstudentstobroadlydiscusstheelementsoftheoverallmodelof
consumerbehaviorillustratedinFigure13anddiscussedinthechapter.FactorsAlexshouldconsider
includeexternalinfluences(i.e.,culture,subculture,demographics,socialstatus,referencegroups,
family,andmarketinginfluences)andinternalinfluences(i.e.,perception,learning,memory,motives,
personality,emotions,andattitudes).Theseexternalandinternalfactorsshapeconsumers'selfconcepts
andlifestyles.Theseselfconceptsandlifestylesproduceneedsanddesires,manyofwhichrequire
consumptiondecisionstosatisfy.
AACSB:AnalyticalThinking
Blooms:Understand
Difficulty:2Medium
LearningObjective:0104Explainthecomponentsthatconstituteaconceptualmodelofconsumerbehavior
Topic:TheNatureofConsumerBehavior
1-58
Copyright 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.