Chapter 16 Flashcards

1
Q

Affective choice

A

tends to be more holistic in nature

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2
Q

Attitude-based choice:

A

involves the use of general attitudes, summary impression, intuitions, or heuristics; no attribute-by-attribute comparisons are made at the time of choice

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3
Q

Attribute-based choice:

A

requires the knowledge of specific attributes at the time the choice is made and it involves attribute-by-attribute comparisons across the brands

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4
Q

Blind Tests:

A

the consumer is unaware of the product’s brand name

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5
Q

Bounded rationality:

A

a limited capacity for processing information

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6
Q

Compensatory decisions rule

A

the brand that rates highest on the sum of the consumer’s judgments of the relevant evaluative criteria will be chosen.

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7
Q

Conjoint analysis

A

most popular indirect measurement approach, the consumer is presented with a set of products or product description in which the evaluative criteria vary.

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8
Q

Conjunctive decisions rule

A

establishes minimum required performance standards for each evaluative criterion and select the first or all brands that meet or exceed these minimum standards.

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9
Q

Consummatory motives

A

underlie behavior that are intrinsically rewarding to the individual involved

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10
Q

Disjunctive decisions rule

A

establishes a minimum level of performance for each important attribute

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11
Q

Eliminate-by-aspect decisions rule

A

requires the consume to rank the evaluative criteria in terms of their importance and to establish a cutoff point for each criterion

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12
Q

Evaluative criteria:

A

the various dimensions, features, or benefits a consumer looks for in response to a specific problem

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13
Q

Instrumental motives:

A

activate behavior designed to achieve a second goal

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14
Q

Lexicographic decision rule:

A

requires the consumer to rank the criteria in order of importance

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15
Q

Metagoal:

A

refers to the general nature of the outcome being sought

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16
Q

Perceptual mapping

A

indirect technique for determining evaluative criteria->consumers simply rank the similarity between all pairs of alternative and perceptual configuration is derived in which the consumer’s still-unnamed evaluative criteria are the dimension of the configurations

17
Q

Projective techniques

A

indirect measurement techniques -> allows the respondent to indicate the criteria someone else might use

18
Q

Sensory discrimination

A

the ability of an individual to distingue between similar stimuli

19
Q

Surrogate indicators:

A

an attribute used to stand for or indicate another attribute

20
Q

Choice Overload

A

consumer has to many alternatives and feels overwhelmed

21
Q

Heuristic

A

serve the practical purpose of helping consumer making “satisficing” choices that while not “maximally best” are still good enough.

22
Q

product assortment optimization:

A

determining the appropriate number of alternative, with meaningful differentiation

23
Q

Alternative selection

A

referred to as consumer choice

24
Q

Rational choice theory:

A

implicitly or explicitly assume a number of things about consumer choice that are often not true.

25
Q

Direct method of measurement

A

include asking consumer what criteria they use in a particular purchase, or in a focus group setting, noting what the consumers say about products and their attributes.

26
Q

Just noticeable difference (J.N.D)

A

the minimum amount that one brand can differ from another, with the difference still being noticed