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Analyzing Consumer Markets

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.

Companies can research many aspects of buying decisions. However, the one that is the most difficult to identify is _____.

a)

what consumers buy

b)

how and how much they buy

c)

why they buy

d)

when they buy

2.

_____ is the process by which people select, organize, and interpret information to form a meaningful picture of the world.

a)

Motivation

b)

Learning

c)

Perception

d)

Self-actualization

3.

People cannot focus on all of the stimuli that surround them each day. A person's tendency to screen out most of the information is called _____.

a)

selective distortion

b)

cognitive dissonance

c)

selective attention

d)

cognitive inertia

4.

People tend to interpret new information in a way that will support what they already believe. This is called _____.

a)

selective retention

b)

selective distortion

c)

cognitive dissonance

d)

selective attention

5.

_____ means that consumers are likely to remember good points made about a brand they favor and forget good points made about competing brands.

a)

Selective retention

b)

Selective attention

c)

Selective distortion

d)

Cognitive dissonance

6.

When an individual alters information to make it consistent with their personal feelings or beliefs, they are using:

a)

perception

b)

selective distortion

c)

selective exposure

d)

cognitive dissonance

e)

selective retention

7.

Need triggered by an advertisement on TV is a type of

a)

External Stimuli

b)

Internal Stimuli

8.

The consumer market is made up of which of the following?

a)

individuals and households who acquire goods or services for personal consumption

b)

household that purchase goods or services for business consumption

c)

business that purchase goods and services

d)

none of the above

9.

Servientrega offers its customers fast and reliable package delivery. When their customers weigh these benefits against the monetary cost of using their services, they are acting upon:

a)

customer lifetime value

b)

production-oriented mission

c)

brand loyalty

d)

customer perceived value

10.

--------is never simple, yet understanding it is the essential task of marketing management

a)

problem recognition

b)

purchase decision

c)

evaluate of alternative

d)

consumer buying behavior

11.

Most large companies research ________ buying decisions to find out what they buy, where they buy, how and how much they buy, when they buy, and why they buy

a)

market

b)

consumer

c)

group

d)

social

12.

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

a)

channel

b)

economic & political

c)

technological

d)

cultural

13.

People cannot focus on all of the stimuli that surround them each day. A person's tendency to screen out most of the information to which he or she is exposed is called ________.

a)

selective retention

b)

selective distortion

c)

selective attitude

d)

selective attention

e)

selective perception

14.

Marketing stimuli include which of the following?

a)

economic stimuli

b)

price stimuli

c)

technological stimuli

d)

social stimuli

15.

In its advertising, an automobile company emphasizes the fuel economy, safety rating, and resale value of its car. The company is trying to appeal to which of the following consumer motivation?

a)

Conformance motivation

b)

Hedonic motivation

c)

Utilitarian motivation

d)

Performance motivation

16.

Which of the following depends on the product’s perceived performance relative to a buyer’s expectations?

a)

Customer-generated marketing

b)

Customer-managed relationships

c)

Customer-perceived value

d)

Customer satisfaction