CH 1 Flashcards

ntroduction to Consumer Behavior and Research Methods

1
Q

consumer behavior def

A

the study of the psyc processes involved when indv or groups select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy needs nad desires

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2
Q

consumer insights

A

gained by studying processes

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3
Q

what is the goal of studying consumer behavior

A
  1. supply and demand: help identify and understand marketplace demands 2. marketers almost always want to influence consumers
  2. understand and predict how consumers will react (and adapt) to change
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4
Q

who needs to understand consumer behavior

A

marketers, finance, nonprofits, org/consulting, and policymakers/regulators

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5
Q

why do we collect data in consumer behavior? why not just use intuition

A
  1. we are atypical - tend to be different from the median
  2. our expectations and preconceived notions can strongly color our experiences
  3. we lack introspective access
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6
Q

differences in ourselves and our target audience

A
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7
Q

strong intuitions can be wrong

A
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8
Q

people don’t accurately report what influences their behaviors

A
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9
Q

consumers don’t have introspective access to non-conscious processes

A
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10
Q

expectations can color our experiences

A
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11
Q

hindsight bias

A

somethings become clear after we learn/know the answer to it

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12
Q

correlational methods

A

purpose: prediction
approach: measure 2 or more variables
why: to develop a relationship

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13
Q

correlational research:

A

examines the relationship between 2 or more variables (whether they correlate or not) // x change y, predicting y because of x

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14
Q

correlation research pros and cons

A

pros: predict when an effect will occur, establish a relationship between variables, easy to collect data, can study variables that can not be manipulated
cons: correlations does not equal causation

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15
Q

positive and negative correlation

A

negative: one goes up, one goes down
positive:

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16
Q

correlation coefficient

A

statistical technique for calculating the degree of association between two variables; r = size and direction of the relationship between 2 variables

17
Q

correlation ≠ causation

A
18
Q

third variable problem

A
19
Q

random selection

A

random selection of participants allows conclusions to be drawn about a larger pop. a rep sample of people is asked the same questions and everyone in the pop has an equal chance of being selected for the sample

20
Q

random sample

A
21
Q

representative sample

A

a group fo respondents that accurately reflects a larger pop from which it was drawn to which the researcher wants to generalize

22
Q

experimental research

A

manipulate one variable (x) to measure its effect on another variable (y) by randomly assigning participants to conditions // manipulate indp x and keep everything else the same to see how x changed compared to y

23
Q

pros and cons of experimental research

A

pros: establish causai=lity
cons: can be unethical to manipulate certain variables (esp if some variables can not be easily manipulated)

24
Q

independent variable

A
25
Q

dependent variable

A
26
Q

random assignment

A

all people have an equal chance of being assigned various levels of x // people in a group roughly shares the same characteristics

27
Q

what qualifies as an experiment

A
28
Q

difference between random selection and random assignment

A

random selection generalizes beyond selection and random assignment assigned condition

29
Q

advantages and disadvantages of experimental vs correlational research

A
30
Q

nolan has both positive and negative reactions toward alcohol. he likes the partying but does not enjoy the hangover

A

ambivalent

31
Q

a researcher conducts that frustrating people with tasks that can not be solved will make them more aggressive. only. ___ warrants this type of conclusion

A