100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
consumer behavior - chapter 15(BUS 4406)question n answers $9.99   Add to cart

Exam (elaborations)

consumer behavior - chapter 15(BUS 4406)question n answers

 5 views  0 purchase
  • Course
  • Bus 4406
  • Institution
  • Bus 4406

consumer behavior - chapter 15(BUS 4406)question n answers

Preview 1 out of 3  pages

  • September 10, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Bus 4406
  • Bus 4406
avatar-seller
BravelRadon
consumer behavior - chapter 15(BUS
4406)question n answers

affect referral decision rule - correct answer ✔✔a simplified decision rule by which consumers make a
product choice on the basis of their previously established overall ratings of the brands considered,
rather than on specific attributes



compensatory decision rules - correct answer ✔✔a type of decision rule in which a consumer evaluates
each brand in terms of each relevant attribute and then selects the brand with the highest weighted
score



conjunctive decision rule - correct answer ✔✔a no compensatory decision rule in which consumers
establish a minimally acceptable cutoff point for each attribute evaluated. brands that fall below the
cutoff point on any one attribute are eliminated from further consideration



consumer decision making - correct answer ✔✔the process of making purchase decisions based on
cognitive and emotional influences such as impulse, family, friends, advertisers, role models, moods, and
situations that influence a purchase



consumer decision rules - correct answer ✔✔procedures adopted by consumers to reduce the
complexity of making product and brand decisions



consumption process - correct answer ✔✔process consisting of 3 stages: input stage (est. consumption
set & consuming style), process of consuming and possessing (using, collecting), output (changes in
feelings, moods and behavior toward a product)



disjunctive rule - correct answer ✔✔a no compensatory decision rule in which consumers establish a
mentally acceptable cutoff point for each relevant product attribute; any brand meeting or surpassing
the cutoff point for any one attribute is considered an acceptable choice



evaluation of alternatives - correct answer ✔✔stage in the consumer decision-making process in which
the consumer appraises the benefits to be derived from each of the precut alternatives being considered

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79373 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart