Chapter 13 Flashcards

1
Q

Consumer Decision Making Process

A
need recognition
search for information
evaluation of alternatives
choice
postchoice evaluation
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2
Q

evaluative criteria

A

attributes, features, or potential benefits that consumers consider when reviewing possible solutions to a problem

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3
Q

feature

A

performance characteristic of an object

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4
Q

benefit

A

perceived favorable result that is derived from the presence of a particular feature

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5
Q

product

A

landscape lights
garage door opener
refrigerator

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6
Q

feature

A

solar panel
programmable code
ice maker

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7
Q

benefit

A

environmentally firendly
security
ease of use

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8
Q

determinant criteria

A

evaluative criteria that are related to the actual choice that is made

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9
Q

hedonic criteria

A

emotional, symbolic, and subjective attributes or benefits that are associated with an alternative

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10
Q

rounded rationality

A

perfectly rational decisions are not always feasible due to constraints found in information processing

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11
Q

affect based evaluation

A

evaluate products based on the overall feeling that is evoked by the alternative

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12
Q

attribute based evaluation

A

evaluate alternatives across a set of attributes that are considered relevant to the purchase situation

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13
Q

product categories

A

mental representations of stored knowledge about groups of products

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14
Q

category levels

A

superordinate

subordinate

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15
Q

superordinate

A

beverages

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16
Q

subordinate

A

colas
sports dirnks
juices

17
Q

perceptual attributes

A

visually apparent and easily recognizable

18
Q

underlying attributes

A

readily apparent and can only be learned through experience with the product

19
Q

signal (underlying)

A

characteristic that allows a consumer to diagnose something distinctive about an alternative

20
Q

factors determining evaluative criteria used

A
situational influences
product knowledge
expert opinions
social influences
online sources
marketing communicaitons
21
Q

issues that affect consumer judgements

A
just noticeable difference
attribute correlation
quality perceptions
brand name associations
consumer personality
22
Q

compensatory rules

A

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

23
Q

non compensatory rules

A

used, strict guidelines are set prior to selections, and any options that does not meet the specifications is eliminated from consideration

24
Q

non compensatory models

A

conjuctive rule
disjunctive rule
lexicographic rule
elimination by aspects rule (EBA)

25
Q

retail outlet selection

A
several factors influence the choice of retail outlet including objective and subjective criteria such as:
product variety
store image
location
service
product quality