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Chapter 1

Katja Patitz 28 questions Updated 16 Oct 2018

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Questions in this quiz (28)

  1. 1Most marketers recognize that consumer behavior is​ _______________.
    1. Ain a retail setting
    2. Bin services rather than goods transactions
    3. Ca result of effective advertising
    4. Dat the time of purchase
    5. Ean ongoing process
  2. 2Exchange theory focuses on​ ________.
    1. Athe consumer rather than the producer
    2. Bthe entire consumption process
    3. Cissues that influence the consumer before the purchase
    4. D​business-to-business (B2B) exchange rather than​ business-to-consumer (B2C) exchange
    5. Ethe actual transaction in which something of value is exchanged
  3. 3Which of the following refers to a person who identifies a need or​ desire, makes a​ purchase, and then disposes of the​ product?
    1. AProducer
    2. BInfluencer
    3. CConsumer
    4. DTransactions
    5. EConsumption community
  4. 4Influences that affect consumer choices​ before, during, and after a purchase are stages in which of the​ following?
    1. ABuyer behavior
    2. BTransactions
    3. CThe consumption process
    4. DMarket segmentation
    5. EConsumption
  5. 5The marketing concept that says twenty percent of users account for eighty percent of sales is called​ ________.
    1. Athe​ 80/20 rule
    2. Bthe​ 20/80 rule
    3. Cthe rule of the minority
    4. Ddemographics
    5. Ecustomer loyalty ratio
  6. 6Collecting and analyzing consumer information is part of which of the​ following?
    1. AConsumer influencers
    2. BDatabase marketing
    3. CLifestyle branding
    4. DTransaction theory
    5. ERelationship marketing
  7. 7Birth​ rate, age​ distribution, and income are all part of​ ________.
    1. Atransaction theory
    2. Binfluencers
    3. Cdemographics
    4. Dpsychographics
    5. Econsumer communities
  8. 8Marketers who build a bond between the brand and the consumer are subscribing to which of the following types of​ marketing?
    1. AEthnic marketing
    2. BRelationship marketing
    3. CCause marketing
    4. DLifestyle marketing
    5. EDatabase marketing
  9. 9​________ takes the view that people take on many different characters and will alter their buying decisions depending upon the particular character​ they're playing.
    1. APopular culture theory
    2. BSegmentation
    3. CRole theory
    4. DThe consumption process
    5. EConsumption choice theory
  10. 10From a consumer behavior​ perspective, people often buy products not for what they​ do, but for​ ________.
    1. Athe desire to buy something
    2. Bwhat the product means
    3. Cwhat they are advertised to do
    4. Dwhat they cost
    5. Ethe pleasing color

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Description
Economics Quiz on Chapter 1, created by Katja Patitz on 09/10/2018.
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Deutsch
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Created on 9 Oct 2018 · updated on 16 Oct 2018
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