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Quiz 3: Chapters 3 and 5

Authored by Anna Sterankova

Business

University

Used 1+ times

Quiz 3: Chapters 3 and 5
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the buyer behavior model, which of the following is NOT a major type of force or event in the buyer’s environment?

Technological

Cultural

Channel

Economic

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.  Of the four types of buying behavior, which one of the following has the least amount of purchase involvement by the consumer?

Complex buying behavior

Dissonance-reducing buying behavior

Variety-seeking buying behavior

Habitual buying behavior

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Humans are social creatures, and many purchase decisions are based upon membership groups as well as people’s status and roles within these groups. Which of the following is considered the most influential social factor in people’s buying behavior?.

Clubs

Opinion leaders

Family

Friends

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Ali had just moved to Minnesota from the Middle East where he was enrolled as a first-year college student. One day when Ali was walking back to the dorm, he realized his light jacket and scarf were no longer sufficient to keep him warm. When he looked around, he noticed other students were wearing down jackets with hoods. Ali had just entered the first stage in the consumer purchasing decision process, known as _______.

information search

need recognition

purchase decision

post-purchase behaviour

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Murphy just bought a new pair of hiking boots but spent $20 more than he budgeted. Now Murphy wonders whether to return the boots and look for a cheaper alternative. Which stage of the buying decision process is Murphy in?

Information search

Purchase decision

Post-purchase behaviour

Variety-seeking behaviour

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Market segmentation is the process of _______.

excluding certain classes of consumers

dividing a market into smaller, more defined categories

adding segments of consumers to increase the overall market

reducing costs associated with marketing efforts

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

McDonald’s recently withdrew from the Russian fast-food market despite its population density. This decision is an example of _______ segmentation.

demographic

psychographic

behavioral

geographic

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