Leo Yuan
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Quiz on 4, created by Leo Yuan on 28/10/2017.

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Question 1 of 20

1

According to the text, 'extinction' refers to:

Select one of the following:

  • products ceasing to be manufactured.

  • forgetting.

  • fading levels of consumer brand loyalty.

  • withdrawal of reinforcement.

Explanation

Question 2 of 20

1

According to your text, which are some of the issues and assumptions marketers face in using social class?

Select one of the following:

  • Marketers tend to assume that all consumers desire upward social mobility.

  • Marketers tend to assume all consumers want to emulate the behaviours and consumption patterns of those above them in the social-class system.

  • Marketers tend to assume consumers always want to be exposed to advertising.

  • Marketers tend to assume that all consumers desire upward social mobility and that all consumers want to emulate the behaviours and consumption patterns of those above them in the social-class system.

Explanation

Question 3 of 20

1

After a general target market is selected, the strategy whereby the firm initially focuses on those individuals within the target market most likely to be innovators and early adopters is called:

Select one of the following:

  • market research based on a stage in the product life cycle.

  • a 'moving target market' approach.

  • a 'stable target market' approach.

  • product positioning based on a stage in the product life cycle.

Explanation

Question 4 of 20

1

All of the brands that a consumer is aware of but is indifferent toward are known as the:

Select one of the following:

  • inept set.

  • so what set.

  • evoked set.

  • inert set.

Explanation

Question 5 of 20

1

All of the brands that a consumer would consider for the solution of a particular problem are known as the:

Select one of the following:

  • inept set.

  • decision set.

  • evoked set.

  • inert set.

Explanation

Question 6 of 20

1

All of the following are examples of shopping orientation clusters except:

Select one of the following:

  • Happy Busy Shoppers.

  • Happy Social Shoppers.

  • Challenged Shopping Avoiders.

  • Sad Shopping Nuts.

Explanation

Question 7 of 20

1

All of the following are used as surrogate indicators of quality except:

Select one of the following:

  • brand name.

  • packaging.

  • colour

  • All of the given answers are surrogate indicators of quality.

Explanation

Question 8 of 20

1

All of the following could either increase or decrease the level of external search except:

Select one of the following:

  • social status.

  • shopping orientation.

  • product involvement.

  • social surroundings.

Explanation

Question 9 of 20

1

An active problem is one which the consumer:

Select one of the following:

  • is aware of.

  • has given up solving.

  • has solved.

  • assigns a high relative importance to.

Explanation

Question 10 of 20

1

An ad that states 'Panadol is a headache remedy' is using what type of learning?

Select one of the following:

  • conditioning

  • iconic rote

  • vicarious learning

  • none of the given answers.

Explanation

Question 11 of 20

1

An approach to determining the problems consumers face by analysing the purchase and/or use of a particular product or brand is known as:

Select one of the following:

  • activity analysis.

  • situation analysis.

  • latent problem analysis.

  • none of the given answers.

Explanation

Question 12 of 20

1

An example of a 'contrast' is:

Select one of the following:

  • using two bright colours in an ad.

  • placing a black and white ad in a magazine full of colour ads.

  • a four colour magazine ad.

  • a black and white ad.

Explanation

Question 13 of 20

1

An example of a continuous innovation is:

Select one of the following:

  • radial keratotomy.

  • multigrain bread.

  • smartphones

  • camcorders.

Explanation

Question 14 of 20

1

An increase in the 45-54 age group would imply a strong demand for:

Select one of the following:

  • toys

  • holidays

  • insurance

  • electronic goods.

Explanation

Question 15 of 20

1

An individual tends to be an opinion leader:

Select one of the following:

  • for a wide range of products.

  • only for certain brands within a product category.

  • only for specific product or activity clusters.

  • for all brands within a specific product category.

Explanation

Question 16 of 20

1

Any source of products or services for consumers is referred to as a:

Select one of the following:

  • store

  • catalogue retail outlet.

  • retail outlet.

  • shop

Explanation

Question 17 of 20

1

As male shoppers become increasingly involved in shopping for retail products, retail strategy will change by:

Select one of the following:

  • increasing advertising targeted at men.

  • sales force retraining.

  • redesigned store layout.

  • All of the given answers are correct.

Explanation

Question 18 of 20

1

As more information becomes available on the internet:

Select one of the following:

  • the cost of getting information decreases.

  • the quality of information decreases.

  • consumers cannot identify key evaluative criteria.

  • consumers cannot accelerate the decision-making process.

Explanation

Question 19 of 20

1

Aspirational reference groups are:

Select one of the following:

  • non-membership groups with a negative attraction.

  • membership groups with a positive attraction.

  • non-membership groups with a positive attraction.

  • membership groups with a negative attraction.

Explanation

Question 20 of 20

1

Attention occurs when:

Select one of the following:

  • an individual is exposed to a stimulus.

  • the individual can recall the stimulus.

  • the individual assigns meaning to the stimulus.

  • the receptor nerves pass the sensations on to the brain for processing.

Explanation