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Consumer Behaviour MidTerm

Carmen Huber 53 questions

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Questions in this quiz (53)

  1. 1What is the basic consumption process?
    1. A1. Need 2. Want 3.Exchange 4.Costs & Benefits 5.Reaction 6.Value
    2. B1. Exchange 2. Want 3.Need 4.Costs & Benefits 5.Value 6.Reaction
  2. 2What are the characteristics of successful innovations?
    1. A1. Relative advantage - makes things better than before
      2. Simplicity - all things equal, a simpler innovation is better than a complex innovation
      3. Observability - Things that are observable tend to get adopted faster
      4. Trialability - things that can be tried with little or no risk get adopted first
      5. Consistency - consumers are more likely to adopt things that are congruent with existing values and knowledge
    2. B1. Relative disadvantage - makes things better than before
      2. Complexity- all things equal, a simpler innovation is better than a complex innovation
      3. Unavoidance- Things that are observable tend to get adopted faster
      4. User interface- things that can be tried with little or no risk get adopted first
      5. Consistency - consumers are more likely to adopt things that are congruent with existing values and knowledge
  3. 3What does the consumer value framework represent?
    1. ARepresents consumer behaviour theory illustrating factors that shape consumption related behaviours and ultimately determine the value associated with consumption.
    2. BRepresents the consumer's journey In discovering how they find value in products.
  4. 4What are internal influences for the Consumer value framework?
    1. AConsumer Psychology: learning, search, perception, intuition, memory, attitudes
      Personality of Consumer: motivation, personal values, personality, lifestyle, emotional expressiveness, emotional intelligence
    2. BSocial Environment: acculturation/enculturation, culture and cultural values, reference and peer groups, social class, family influence, social media, popular media
      Situational Influences: Environment, time, conditions
  5. 5What are the external influences in the consumer value framework?
    1. ASocial Environment: acculturation/enculturation, culture and cultural values, reference and peer groups, social class, family influence, social media, popular media
      Situational Influences: Environment, time, conditions
    2. BConsumer Psychology: learning, search, perception, intuition, memory, attitudes
      Personality of Consumer: motivation, personal values, personality, lifestyle, emotional expressiveness, emotional intelligence
  6. 6What are the factors involved in the consumption process in the consumer value framework?
    1. Aneeds, wants, exchange, costs, benefits
    2. BCS/D, Switching behaviour, customer share, customer commitment
  7. 7what are the types of value in the consumer value framework?
    1. Autilitarian and hedonic
    2. Bneeds, wants, exchange, costs and benefits, reactions
  8. 8what is the relationship quality in the consumer value framework?
    1. ACS/D, switching behaviour, customer share, customer commitment
    2. Butilitarian, hedonic
  9. 9What is utilitarian value?Image for question 9
    1. Ais derived from a product that helps the consumer solve problems and accomplish tasks. Consumers usually offer a rational explanation of why something is purchased when utilitarian value is the prime motivation. Ex Clorox bleach its a means to an end. Value happens because the object or activity allows something else to happen.
    2. Bthe immediate gratification that comes from experiencing an activity. The value is provided entirely by the actual experience and emotions associated with consumption. Emotional and subjective in matter.
  10. 10what is hedonic value?
    1. Athe immediate gratification that comes from experiencing an activity. The value is provided entirely by the actual experience and emotions associated with consumption. Emotional and subjective in matter.
    2. Bis derived from a product that helps the consumer solve problems and accomplish tasks. Consumers usually offer a rational explanation of why something is purchased when utilitarian value is the prime motivation. Ex Clorox bleach its a means to an end. Value happens because the object or activity allows something else to happen.

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Quiz on Consumer Behaviour MidTerm, created by Carmen Huber on 25/10/2017.
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