iClicker Pt. 2 Flashcards

1
Q

People prefer their loss integrated.

A

True

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2
Q

People prefer mixed gain over pure gain of comparable magnitude.

A

False

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3
Q

Prospect theory shows relationship between subjective value and objective gain/loss

A

True

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4
Q

Bad purchase decisions are made because comparisons available at purchase/choice are not available during use.

A

True

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5
Q

People want to be moderately unique.

A

True

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6
Q

One reason people like custom products is because they feel unique.

A

True

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7
Q

Normative influence decreases with strength, immediacy and number of sources of influence.

A

False

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8
Q

Informational influence is greater when people are uncertain.

A

True

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9
Q

Dissonance theory changes behavior with attitude changes.

A

True

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10
Q

Dissonance decreases by changing one of the dissonant beliefs

A

False

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11
Q

Predicting you do something increases likelihood of doing it.

A

True

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12
Q

People will do big favor if you first ask smaller and relate favor.

A

True

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13
Q

Choosing an object makes people like chosen option more than nonchosen ones.

A

True

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14
Q

When choosing between 2, people are happier with chosen when it can be returned.

A

False

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15
Q

People adjust behavior to be consistent with public attitudes than private attitudes.

A

True

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16
Q

Consumers like product more when more strongly identified with TV character that likes product.

A

True

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17
Q

On golf course, I did well but putter did not do well. (type of ego bias)

A

Self serving

18
Q

Everyone laughs at me if I got out in that (type of ego bias)

A

Spotlight

19
Q

I will buy that when it comes out next year (type of ego bias)

A

Overconfident

20
Q

I am less likely than others to have stolen identity (type of ego bias)

A

Optimism bias

21
Q

Absolute desire is more important than relative desire when predicting market share.

A

False

22
Q

Unbounded write in scales create a normal distribution more than traditional scales.

A

True

23
Q

SUMM asks consumers about the desirability of various levels of product attributes and what levels of attributes they think brands have.

A

True

24
Q

STEP shares of large brands are larger than actual market shares.

A

False

25
Q

To be a good marketing target, you need to have a strong income, weak competition, low marketing cost, and high serviceability.

A

True

26
Q

Positioning should be simple, unique and appealing.

A

True

27
Q

Typically there is a large number of segments for marketers to target.

A

False

28
Q

Users of different brands are different from one another.

A

False

29
Q

Pareto shares increase with length of purchase period.

A

True

30
Q

Brand penetration and average purchase frequency are positively correlated.

A

True

31
Q

Brands differentiate strongly in terms of purchase frequency than penetration.

A

False

32
Q

People who agree with brand statements on survey will do so again on another survey

A

True

33
Q

Pizza Hut has same customers with Papa John’s than with McDonald’s.

A

False

34
Q

Larger brands have higher percentage of unique associations than with smaller brands.

A

False

35
Q

Restaurant brands whose customers rate them more highly have higher penetration than those brands whose customers rate them less highly.

A

False

36
Q

Salespeople can reliably classify customer personalities based on appearance, workspace and behaviors.

A

False

37
Q

People clearly fall into distinct personality types.

A

False

38
Q

Personality is only weakly related to specific instances of behaviors.

A

True

39
Q

Average age of the population in the world is increasing.

A

True

40
Q

Longitudinal data shows an age related decrease in fluid intelligence occurs around 60.

A

True

41
Q

Conscientiousness increases with age.

A

True

42
Q

Older people report more positive affect than younger people.

A

True