Ch 13 Vocab Flashcards

1
Q

13-1 Evaluation of Alternatives: Criteria

The attributes that consumers consider when reviewing alternative solutions to a problem

A

Evaluative Criteria

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2
Q

13-1 Evaluation of Alternatives: Criteria

Performance Characteristic of an Object

A

Feature

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3
Q

13-1 Evaluation of Alternatives: Criteria

The perceived favorable results derived from a particular feature

A

Benefit

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4
Q

13-1 Evaluation of Alternatives: Criteria

The criteria that are most carefully considered and directly related to the actual choice that is made

A

Determinant Criteria

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5
Q

13-2 Value and Alternative Evaluation

The idea that consumers attempt to act rationally within their information-processing constraints

A

Bounded Rationality

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6
Q

13-2 Value and Alternative Evaluation

The evaluative process wherin consumers evaluate products based on the overall feeling that is evoked by the alternative

A

Affect Based Evaluation

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7
Q

13-2 Value and Alternative Evaluation

The evaluative process wherin alternatives are evaluated across a set of attributes that are considered relevant to the purchase situation

A

Attribute Based Evaluation

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8
Q

13-3 Product Categorization and Criteria Selection

The mental representations of stored knowledge about groups of products

A

Product Categories

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9
Q

13-3 Product Categorization and Criteria Selection

The attributes that are visually apparent and easily recognizable

A

Perceptual Attributes

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10
Q

13-3 Product Categorization and Criteria Selection

The attributes that are not readily apparent and can be learned only through experience or contact with the product

A

Underlying Attributes

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11
Q

13-3 Product Categorization and Criteria Selection

The attribute that consumers use to infer something about another attribute

A

Signal

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12
Q

13-3 Product Categorization and Criteria Selection

The mental assessments of the presence of attributes and the benefits associated with those attributes

A

Judgements

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13
Q

13-3 Product Categorization and Criteria Selection

The perceived relationship between product features

A

Attribute Correlation

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14
Q

13-3 Product Categorization and Criteria Selection

The technique used to develop an understanding of the attributes that guide consumer preferences by having consumers compare product preferences across varying levels of evaluative criteria and expected utility

A

Conjoint Analysis

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15
Q

13-4 Consumer Choice: Decision Rules

The decision rule that allows consumers to select products that may perform poorly on one attribute by compensating for the poor performance by the good performance on another attribute

A

Compensatory Rules

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16
Q

13-4 Consumer Choice: Decision Rules

The decision rule in which strict guidelines are set prior to selection and any option that does not meet the guidelines is eliminated from consideration

A

Noncompensatory Rules

17
Q

13-4 Consumer Choice: Decision Rules

The noncompensatory decision rule where the option selected must surpass a minimum cutoff across all relavant attributes

A

Conjunctive Rule

18
Q

13-4 Consumer Choice: Decision Rules

The noncompensatory decision rule where the option selected surpasses a relatively high cutoff point on any attribute

A

Disjunctive Rule

19
Q

13-4 Consumer Choice: Decision Rules

The noncompensatory decision rule where the option selected is thought to perform best on the most important attribute

A

Lexicographic Rule

20
Q

13-4 Consumer Choice: Decision Rules

The noncompensatory decision rule where the consumer begins evaluating options by first looking at the most important attribute and eliminating any option that does not meet a minimum cutoff point for that attribute, and where subequent evaluations proceed in order of importance until only one option remains

A

Elimination By Aspects Rule (EBA)