Final Exam Flashcards
What is a reference group?
individuals who have significant relevance for a consumer and who have an impact on the consumer’s evaluations, aspirations, and behavior
what is group influence?
ways in which group members influence others within the group
What is ingroup?
a group that a person identifies with as a member
what is outgroup?
a group with which a person does not identify
what is primary group?
group that includes members who have frequent, direct contact with one another
what is secondary group?
group to which a consumer belongs, with less frequent contact and weaker influence than that found in a primary group. Example could be collegues
what is brand community?
group of consumers who develop relationships based on shared interests or product usage
what is formal group?
group in which a consumer formally becomes a member. Example Collegues
what is informal group?
group that has no membership or application requirements and that may have no code of conduct. Example friendships
what is aspirational group?
group in which a consumer desires to become a member
what is dissociative group?
group to which a consumer does not want to belong
what is conformity?
result of group influence in which an individual yields to the attitudes and behaviors of others
what is authority?
the ability of a person or group to enforce the obedience of others
what is peer pressure?
extent to which group members feel pressure to behave in accordance with group expectations
What is social power?
ability of an individual or a group to alter the actions of others
what is informational influence?
consumer uses the behaviors and attitudes of reference groups as information for making his or her own decisions
What is utilitarian influence?
ways in which a consumer conforms to group expectations in order to receive a reward or avoid punishment
what is value expressive influence?
ways in which a consumer internalizes a group’s values or the extent to which consumers join groups in order to express their own closely held values and beliefs
what is social media
media through which communication occurs
what is social networks?
consumers connecting with one another based on common interests
what is social networking website?
website that facilitates online social networking
what is apps?
mobile application software that runs on devices like smartphones, tablets, and other computer-based tools
what is social gaming?
online or app-based game played on a social media platform
what is social buying?
consumer buying behavior that takes place on social networking sites
what is social couponing?
type of buying where consumers receive a coupon, or deal, by joining a special social networking website
what is susceptibility to interpersonal influence?
individual difference variable that assesses a consumer’s need to enhance the image others hold of him or her by acquiring and using products, conforming to the expectations of others, and learning about products by observing others
What is attention to social comparison Information (ATSCI)?
the extent to which consumers are concerned about how other people react to their behavior
What is separated self-schema?
the degree to which a consumer perceives himself or herself as distinct and separate from others
what is connected self schema?
the extent to which a consumer perceives himself or herself as being an integral part of a group
What is word of mouth (WOM)?
information about products, services, and experiences that is transmitted from consumer to consumer
what is social media marketing?
the practice of using social media to generate consumer interest in a product, service, or idea
what is buzz marketing?
marketing efforts that focus on generating excitement among consumers and that are spread from consumer to consumer
what is guerilla marketing?
marketing of a product using unconventional means
what is viral marketing?
marketing method that uses online technologies to facilitate WOM by having consumers spread messages through their online conversations
what is stealth marketing?
guerrilla marketing tactic in which consumers do not realize that they are being targeted for a marketing message
What is opinion leaders?
consumer who has a great deal of influence on the behavior of others relating to product adoption and purchase
what is market maven?
consumer who spreads information about all types of products and services that are available in the marketplace
what is surrogate consumer?
consumer who is hired by another to provide input into a purchase decision. Example interior decorators and stock brokers.
what is diffusion process?
way in which new products are adopted and spread throughout a marketplace
what is house hold decision making?
process by which decisions are made in household units
what is family house hold
at least two people who are related by blood or marriage who occupy a housing unit
what is nuclear family?
a mother, a father, and a set of siblings
what is extended family?
three or more generations of family members
what is household life cycle?
segmentation technique that acknowledges that changes in family composition and income alter household demand for products and services
what is boomerang kids?
young adults between the ages of 18 and 34 who move back home with their parents after they graduate from college
what is sandwhich generation?
consumers who must take care of both their own children and their aging parents
what is sex role orientation (SRO)?
family’s set of beliefs regarding the ways in which household decisions are reached
what is consumer socialization?
the process through which young consumers develop attitudes and learn skills that help them function in the marketplace
what is consumer culture?
commonly held societal beliefs that define what is socially gratifying
what is cultural norm?
rule that specifies the appropriate consumer behavior in a given situation within a specific culture
what is culutural sanction?
penalty associated with performing a nongratifying or culturally inconsistent behavior
what are role expectations?
the specific expectations that are associated with each type of person within a culture or society
what are ecological factors?
physical characteristics that describe the physical environment of a particular place
what is tradition?
customs and accepted ways of everyday behavior in a given culture
what are core societal values (CSV’s)
commonly agreed-upon consensus about the most preferable ways of living within a society, also known as cultural values
what is individualism?
extent to which people are expected to take care of themselves and their immediate families
what is collectivism?
extent to which an individual’s life is intertwined with a large cohesive group
what is masculinity?
sex role distinction within a group that values assertiveness and control; CSV opposite of femininity
what is femininity?
sex role distinction within a group that emphasizes the prioritization of relational variables such as caring, conciliation, and community; CSV opposite of masculinity
what is power distance?
extent to which authority and privileges are divided among different groups within society and the extent to which these facts of life are accepted by the people within the society
what is uncertainity avoidance?
extent to which a culture is uncomfortable with things that are ambiguous or unknown
what is long term orientation?
values consistent with Confucian philosophy and a pragmatic prioritization of future rewards over short-term benefits
what is guanxi?
Chinese term for a way of doing business in which parties must first invest time and resources in getting to know one another and becoming comfortable with one another before consummating any important deal
what is renquing?
the idea that favors given to another are reciprocal and must be returned
what is indulgence restraint?
a cultural value dimension distinguishing societies based on how oriented people are toward immediate fun and enjoyment versus restraining oneself from much indulgence in such things
what is BRIC
acronym that refers to the collective economies of Brazil, Russia, India, and China
what is culutre distance?
representation of how different one nation is from another in terms of their CSV
what is canzus?
acronym that refers to the close similarity in values among Canada, Australia, New Zealand, and the United States
what is socialization?
learning through observation of and the active processing of information about lived, everyday experience
what is enculuration?
way people learn their native culture
what is acculturation?
process by which consumers come to learn a culture other than their natural, native culture
what is ethnic identification?
degree to which consumers feel a sense of belonging to the culture of their ethnic origins
What is consumer Ethnocentrism?
belief among consumers that their ethnic group and products are superior to others
What is quartet of institutions?
four groups responsible for communicating the CSVs through both formal and informal processes: family, school, church, and media
what is modeling?
process of imitating others’ behavior; a form of observational learning
what is verbal communication?
transfer of information through either the literal spoken or written word
what are dialects?
variations of a common language
what is translational equivalence?
two phrases share the same precise meaning in two different cultures
what is metric equivalance?
using to draw conclusions the same way across cultures.
what is globish?
simplified form of English that reduces the vocabulary to around 1,500 words and eliminates grammatical complications
what is nonverbal communication?
information passed through some nonverbal act
what is body langauge?
nonverbal communication cues signaled by somatic responses
what is etiquette?
customary mannerisms consumers use in common social situations
what is chindia?
combined market and business potential of China and India
what is glocalization?
idea that marketing strategy may be global but the implementation of that strategy at the marketing tactics level should be local
what is microculture?
a group of people who share similar values and tastes that are included within a larger culture
what is role conflict?
A situation where the demands of two or more groups are incompatible. Example study for an exam or attend brother’s b-day party.
what is divergence?
situation in which consumers choose membership in microcultures in an effort to stand out or define themselves from the crowd
what are sex roles?
societal expectations for men and women among members of a cultural group
what is cognitive structuring?
term that refers to the reliance on schema-based heuristics in making decisions
what is age-based microculture?
people of the same age end up sharing many of the same values and develop similar consumer preferences
what is world teen culture?
speculation that teenagers around the world are more similar to each other than to people from other generations in the same culture
what is a cohort?
a group of people who have lived the same major experiences in their lives
what is stigmatization?
a situation in which consumers are marked in some way that indicates their place in society
what is biculutral?
used to describe immigrants as they face decisions and form preferences based on their old or new cultures
what is social class?
a culturally defined group to which a consumer belongs based on resources like prestige, income, occupation, and education
what is habitus?
mental structures through which individuals perceive the world based largely on their standing in a social class
what is homogamy?
the finding that most marriages are people from similar classes
what is social stratification?
the division of society into classes that have unequal access to scarce and valuable resources
what is status symbols?
products or objects that are used to signal one’s place in society
what is demographic analysis?
a profile of a consumer group based on their demographics
what are temporal factors?
situational characteristics related to time
what are time pressures?
urgency to act based on some real or self-imposed deadline
what is discretionary (spare) Time?
the days, hours, or minutes that are not obligated toward some compulsory and time-consuming activity
what is seasonality?
regularly occurring conditions that vary with the time of year
what is circadian cycle?
rhythm (level of energy) of the human body that varies with the time of day
what is advertiming?
ad buys that run the advertisement primarily at times when customers will be most receptive to the message
what is near field communication?
Wi-fi–like systems communicating with specific devices within a defined space like inside or around the perimeter of a retail unit or signage
what is shopping?
set of value-producing consumer activities that directly increase the likelihood that something will be purchased
what is smart agent software?
software capable of learning an Internet user’s preferences and automatically searching out information in selected websites and then distributing it