Chapter 8 Flashcards

1
Q

Constructive Processing

A

A tendency of consumers to tailor their cognitive effort to suit the task at hand

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2
Q

Involvement

A

The degree of personal relevance that a purchase holds for the consumer

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3
Q

Low Involvement

A

A case in which consumers attach minimal personal relevance to a purchase.

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4
Q

High Involvement

A

A case in which consumers attach elevated relevance to a purchase.

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5
Q

Nonprogrammed decision

A

A case in which a novel or infrequently encountered situation requires a customized solution

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6
Q

Extended Problem Solving

A

An elevated level of expended effort used in making risky and significant decisions

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7
Q

Limited problem solving

A

A reduced level of expended effort used in making less-risky decisions.

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8
Q

Impulse Purchases

A

Spontaneous and unplanned purchases made in response to environmental cues.

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9
Q

Programmed Decisions

A

Cases where consumers follow habitual routines to deal with frequently encountered situations.

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10
Q

Brand Loyalty

A

An attachment to brands that have proven satisfactory in the past.

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11
Q

Internal Search

A

Search the process of retrieving relevant information from memory.

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12
Q

Sharpening

A

A process of changing stimuli from ambiguous forms to more conventional ones.

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13
Q

Leveling

A

A process in which details are omitted in order to simplify the memory structure.

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14
Q

External Search

A

The process of seeking information from exogenous sources.

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15
Q

Evoked Set

A

Those few brands that come to mind when one thinks of a product category.

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16
Q

Heuristics

A

Simple rules of thumb consumers use as shortcuts to reduce shopping effort.

17
Q

Evaluative Criteria

A

Product characteristics consumers use to judge the merits of competing options.

18
Q

Salient Attributes

A

Important aspects of a product that affect the choices consumers make.

19
Q

Determinant Attributes

A

Those features on which alternatives are beloved to differ.

20
Q

Prospect theory

A

A view of how decision makers, under risk conditions, value different options and assess their outcomes.

21
Q

Framing

A

A view that a given decision can be structured from either a gain or a loss perspective.

22
Q

Decision Rules

A

Alternative analytical procedures consumers use to process information and arrive at a selection.

23
Q

Compensatory Decision Rule

A

A selection procedure where a high score on one attribute of a brand can make up for a low score on another.

24
Q

Noncompensatory decision rule

A

A selection procedure where a high score on one attribute of a brand cannot offset a low score on another.