Quiz 2 Flashcards

1
Q

Juanita does not care much about baking soda, but after seeing the same ads many times, she believes that it is supposed to be good at removing odors from the refrigerator. In terms of conscious low effort decision-making, Juanita’s belief (due to the repeated exposure to the ads) is due to

a. active learning.
b. judgmental learning.
c. representativeness learning.
d. retentive processing.
e. incidental learning.

A

Incidental Learning

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2
Q

Nick feels that $10 to $20 is an acceptable price for a meal at a buffet. In terms of price as a cognitive model for low effort decisions, Nick’s acceptable price range is known as

a. the availability heuristic.
b. the expectation pricing.
c. the known price range.
d. the zone of acceptance.
e. the appropriate acceptability range.

A

The Zone of acceptance

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3
Q

Post purchase assessment is likely to be greatest for extensive problem solving. This is
A. True
B. False

A

True

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4
Q

Most low-effort decisions are made

a. with a high level of affect but a low level of cognition.
b. with a high level of cognition but a low level of affect.
c. to optimize decision-making.
d. frequently and repeatedly over time.
e. only unconsciously.

A

Frequently and repeatedly over time

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5
Q

In terms of learning from consumer experience, all of the following done except

a. hypothesis generation.
b. integration of evidence.
c. exposure to evidence.
d. encoding of evidence .
e. repetition of evidence.

A

Repetition of evidence

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6
Q

Hilga realized she needed gas but she did not care much about where she filled up. Given that where she is buying gas from is a low effort decision, Hilga will be more likely to optimize than to satisfice in terms of her choice of gas station. This is

a. true
b. false

A

False

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7
Q

The hierarchy of effects for conscious low effort decision-making is – beliefs regarding a product, buying (or not buying) based on those beliefs, and then forming evaluations. This is

a. true.
b. false.

A

True

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8
Q

While learning from experience, when a consumption experience is ambiguous, consumers

a. usually form positive evaluations.
b. usually form negative evaluations.
c. experience regret.
d. usually tend to support their initial hypothesis.
e. none of the above.

A

Usually tend to support their initial hypothesis

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9
Q

In terms of low effort thought based decision-making, _____ choice tactic relates to an overall evaluation (e.g. works the best) or focuses on a specific attribute or benefit (e.g. get clothes cleaner). Satisfaction, for this choice tactic, is the key.

a. satisficing.
b. performance.
c. brand loyalty.
d. affect referral.
e. optimizing.

A

Performance

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10
Q

Operant/instrumental conditioning views future behavior as being influenced by

a. careful thinking.
b. compensatory decision making model.
c. cognitive dissonance.
d. previous actions and the reinforcement from these actions.
e. feelings and emotions.

A

Previous actions and the reinforcement from these actions

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11
Q

You see a new brand of toothpaste and compare it with your prototype – Crest. Because of this comparison, you perceive that the new brand is quite similar to Crest and hence you assume that it is of high quality. In terms of low effort judgment heuristics, this is an example of

a. positive reinforcement.
b. representativeness heuristic.
c. shaping.
d. availability heuristic.
e. noncompensatory decision making.

A

Representativeness heuristic

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12
Q

Ignoring base-rate information occur during which low-effort judgement heuristic?

a. representativeness.
b. feelings based.
c. unconscious decision making.
d. availability heuristic.
e. law of small numbers.

A

Availability heuristic

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13
Q

A study shows that beer drinkers with well–established brand preferences could not distinguish their preferred brands from others in a blind taste test. However, when the beers were identified, they rated the taste of their preferred brand significantly higher than that of others. Another study shows that buying the most well known brand of peanut butter is typically the choice tactic of inexperienced consumers. These studies most likely underline the worth of relying on _____ as a choice tactic for low effort feeling based decisions.

a. habit.
b. buying on impulse.
c. satisficing.
d. performance.
e. brand familiarity.

A

Brand Familiarity

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14
Q

Suppose you purchased a MP3 player some years back that needed constant repair. Today you may still recall your frustration and disappointment and hence you are not likely to consider the same brand. Assuming a low effort decision, the above refers to ______ heuristic.

a. feelings based .
b. availability.
c. attribute.
d. alternative based.
e. representative.

A

Availability

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15
Q

You buy the same brand of laundry detergent that your parents bought because you always saw them use it and remembered that they liked it. Such a normative choice tactic during low effort thought based decision-making results from

a. affect.
b. indirect influence.
c. availability heuristic.
d. vicarious observation.
e. direct influence.

A

Vicarious observation

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16
Q

With reference to Learning from Experience, ‘ambiguity of the information environment’ is a part of consumer’s

f. motivation.
g. judgment.
h. ability.
i. decision-making.
j. opportunity

A

Opportunity

17
Q

Non-expert consumers tend to learn the most during learning from experience. This is

a. true.
b. false.

A

False

18
Q

A consumer might drink Classic Coke on a regular basis, but one day suddenly gets the urge to have a Pepsi, and then returns to Coke for later purchases. In terms of feelings based decision-making under low consumer effort, this is known as

a. habit.
b. hedonic consumption.
c. variety seeking.
d. unconscious decision making.
e. none of the above.

A

Variety Seeking

19
Q

In terms of low-effort thought-based decision making, __________ is the simplest and the most effortless choice tactic characterized by little or no information seeking and little or no evaluation of alternatives.

a. price.
b. satisfaction.
c. brand preference.
d. vicarious exploration.
e. none of the above.

A

None of the above

20
Q

If a consumer buys Liquid Tide (a low effort purchase) and is impressed by its ability to clean clothes, she will be more likely to buy it again. In terms of operant/instrumental conditioning, this is best thought of as an example of ________ obtained from the earlier purchase.

a. physiological response.
b. shaping.
c. base rate information.
d. optimizing.
e. reinforcement.

A

Reinforcement

21
Q

‘Encoding of evidence’ during learning from consumer experience refers to

a. processing information that one experiences.
b. forming expectations about a product or service.
c. combining new information with prior/existing beliefs.
d. testing out expectations through experience.
e. none of the above.

A

processing information that one experiences

22
Q

Learning from experience is an important source of knowledge (in the future) for the consumer because there is a greater motivation to learn why something happened and because one’s own experience is vivid and easy to remember. This is

a. true.
b. false.

A

True

23
Q

All of the following are low effort cognitive decision making models, EXCEPT

a. performance.
b. brand loyalty.
c. normative influences.
d. impulse purchases.
e. none of the above.

A

Impulse purchases

24
Q

Marketers realize that for decisions based on low effort, sometimes, environmental stimuli might strongly influence choice. For instance, certain stores make female shoppers feel at home by scenting the air with a combination of orange, vanilla, and cedar. Alternatively, some marketers play pleasing music. The main idea here is that consumers sometimes make decisions automatically. This relates to the notion of conscious low effort decision-making. This is

a. true.
b. false.

A

False

25
Q

Normative choice tactics, for decision-making under low effort, can result from indirect influence, direct influence, and

a. brand loyalty.
b. vicarious observation.
c. affect referral.
d. impulse buying.
e. none of the above.

A

Vicarious Observation