Quiznetik

Consumer Behaviour | Set 6

1. Blanket contracts are typically part of which of the following stages in the business buying process?

Correct : D. order-routine specification .

2. The _______________ may lead the buyer to continue, modify, or drop the arrangement that has been entered into by the buyer and seller.

Correct : D. general need description

3. For the marketing manager, social class offers some insights into consumer behavior and is potentially useful as a ___________________.

Correct : A. Market research information

4. ____________ is the definition of reference groups.

Correct : B. Groups of people who have been referred to by someone they know

5. __________ are factors that have been shown to affect consumer behavior.

Correct : A. Brand name, quality, newness, and complexity .

6. The reason that higher prices may not affect consumer buying is _______________.

Correct : C. Consumers believe that higher prices indicate higher quality or prestige .

7. ___________ are the groups that individuals look to when forming attitudes and opinions.

Correct : A. Reference groups .

8. For which of the following products would the reference group influence be the strongest?

Correct : A. A best-seller novel

9. Primary reference groups include ________________.

Correct : B. Office colleagues

10. Secondary reference groups include ________________.

Correct : C. Ethnic and religious groups

11. Marketing strategies are often designed to influence _______________ and lead to profitable exchanges.

Correct : D. Export strategies

12. __________ refers to the information a consumer has stored in their memory about a product or service.

Correct : A. Cognitive dissonance