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Test Bank for Consumer Behavior, 15th Edition by David Mothersbaugh $29.49   Add to cart

Exam (elaborations)

Test Bank for Consumer Behavior, 15th Edition by David Mothersbaugh

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  • Course
  • Consumer Behavior
  • Institution
  • Consumer Behavior

Test Bank for Consumer Behavior: Building Marketing Strategy, 15th Edition 15e by David Mothersbaugh, Susan Bardi Kleiser and Delbert Hawkins. ISBN-13: 1615 Full Chapters test bank are included - Chap 1 to 20 (Complete chapters test bank) PART ONE: INTRODUCTION Chapter 1: Consumer Behavio...

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  • August 4, 2023
  • 684
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Consumer Behavior
  • Consumer Behavior
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StepsSol
Chap 01 15e Mothersbaugh
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Consumer behavior is a complex, multidimensional process.
⊚ true
⊚ false

2) Marketing decisions and regulations are based on exact knowledge of consumer behavior.
⊚ true
⊚ false

3) Economically developed societies are often referred to as marketing societies.
⊚ true
⊚ false

4) It is critical that a firm consider value from the customer’s perspective.
⊚ true
⊚ false

5) Marketing strategy begins with objective setting.
⊚ true
⊚ false

6) Product features, price, communications, distribution, and services together are often referred
to as customer value.
⊚ true
⊚ false

7) Holiday shoppers who primarily care about time savings are known as Black Friday
shoppers.
⊚ true
⊚ false

8) Marketing skills include a firm’s financial expertise, general managerial skills, production
capabilities, research and development capabilities, technological sophistication, and
reputation.
⊚ true
⊚ false




1

, 9) Tracking consumers’ online activity and sending them specific banner ads based on that
activity is known as behavioral targeting.
⊚ true
⊚ false

10) The term used to reflect the fact that most products in developed economies satisfy more than
one need is customer value.
⊚ true
⊚ false

11) A target market is that segment(s) of the larger market on which a company will focus its
marketing effort.
⊚ true
⊚ false

12) The outcomes of a firm’s marketing strategy are determined by its interaction with the
consumer decision process.
⊚ true
⊚ false

13) Two key processes involved in need satisfaction are the actual need fulfillment and the
perceived need fulfillment.
⊚ true
⊚ false

14) A consumer’s needs and desires are shaped by the consumer’s self-concept and lifestyle.
⊚ true
⊚ false

15) Lifestyle is the totality of an individual’s thoughts and feelings about oneself.
⊚ true
⊚ false




2

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