Chapter 13 Flashcards

0
Q

Attribute based evaluation

A

Evaluative process wherein alternatives are evaluated across a set of attributes that are considered relevant to the purchase situation

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1
Q

Affect-based evaluation

A

Evaluative process wherein consumers evaluate products based on the overall feeling that is evoked by the alternative

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2
Q

Attribute correlation

A

Perceived relationship between product features

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3
Q

Perceived favourable results derived from a particular feature

A

Benefit

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4
Q

Bounded rationality

A

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

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5
Q

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

A

Compensatory rule

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6
Q

Conjoint analysis

A

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

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7
Q

Conjunctive rule

A

Noncompensatory decision rule where the opinion selected must surpass a minimum cutoff across all relevant attributes

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8
Q

Determinant criteria

A

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

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9
Q

Non compensatory decision rule where the option selected surpasses a relevant overly high cut off point on any attribute

A

Disjunctive rule

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10
Q

Elimination by aspects rule (EBA)

A

Non compensatory 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 subsequent evaluations proceed in order of importance until only one option remains

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11
Q

Evaluative criteria

A

Attributes that consumers consider when reviewing alternative solutions to a problem

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12
Q

Feature

A

Performance characteristics of an object

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13
Q

Judgements

A

Mental assessments of the presence of attributes and the consequences associated with those attributes.

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14
Q

Lexicographic rule

A

Non compensatory decision rule where the option selected is thought to perform best on the most important attribute

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15
Q

Attributes that are visually apparent and easily recognisable

A

Perceptual attributes

16
Q

Mental representations of stored knowledge about groups of products

A

Product categories

17
Q

Signal

A

Attribute that consumer uses to infer something about another attribute.

18
Q

Underlying attributes

A

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