Question: Flag question: Question 28 Question 282 pts What concept does a way of life among a group of people refer to? Group of answer choices
Flag question: Question 28
Question 282 pts
What concept does "a way of life among a group of people" refer to?
Group of answer choices
Consumer culture
Consumerism
Culture
Consumer behavior
Consumer psychology
Flag question: Question 29
Question 292 pts
A(n) ________ group is one whose values or behavior an individual rejects.
Group of answer choices
aspirational
primary
dissociative
membership
procreational
Flag question: Question 30
Question 302 pts
Marketers need to identify the hierarchy of attributes that guide consumer decision making in order to understand different competitive forces and how these various sets get formed. This process of identifying the hierarchy is called ________.
Group of answer choices
market valuation
market estimation
market identification
market partitioning
brand association
Flag question: Question 31
Question 312 pts
Which of the following terms can be defined as "the shared experiences, stories, beliefs, and norms that characterize an organization"?
Group of answer choices
organizational dynamics
a business mission
customer relationships
corporate culture
an ethical/value statement
Flag question: Question 32
Question 322 pts
The business buyer has to make the fewest decisions when involved in a ________.
Group of answer choices
straight rebuy
new task
regular buy
modified rebuy
new rebuy
Flag question: Question 33
Question 332 pts
What is the ultimate purpose of the value map?
Group of answer choices
To help customers understand the value of a company's offerings
To help employees see how their work contributes to the whole
To explain the value of the marketing offering
To facilitate the development of a viable business model
To help collaborators understand how they fit in the marketing process
Flag question: Question 34
Question 342 pts
A product- or brand-management organization is sometimes characterized as a(n) ________ system.
Group of answer choices
waterfall
top-down
hub-and-spoke
internal marketing
lateral
Flag question: Question 35
Question 352 pts
The PRIZM segments the United States to a neighborhood level using ________.
Group of answer choices
demographics
geoclustering
postal data
income data
GPS tracking
Flag question: Question 36
Question 362 pts
The level of engagement and active processing undertaken by the consumer in responding to a marketing stimulus is called ________.
Group of answer choices
consumer disengagement
variety seeking
consumer involvement
low involvement
elaboration likelihood
Flag question: Question 37
Question 372 pts
Shoe manufacturers are not going to buy much more leather if the price of leather falls, nor will they buy much less leather if the price rises, unless they can find satisfactory substitutes. This is an example of ________.
Group of answer choices
direct purchasing
inelastic demand
a modified rebuy
the acceleration effect
a straight rebuy
Flag question: Question 38
Question 382 pts
E-hubs that focus on such categories as logistics, media buying, advertising, and energy management are known as ________.
Group of answer choices
buy-sell hubs
functional hubs
horizontal hubs
industrial hubs
vertical hubs
Flag question: Question 39
Question 392 pts
________ divides the market into units such as nations, states, regions, counties, cities, or neighborhoods.
Group of answer choices
Spatial segmentation
Geographic segmentation
GPS targeting
Localization
Location-based social networking
Flag question: Question 40
Question 402 pts
You drop into a neighborhood sporting goods store to shop for a new fishing rod and to see what sort of new angling gear the shop has on display. You spent 45 minutes in the angling department and left having never noticed that the store now sells cookware and kitchen utensils designed for cooking fish, even though you walked right past the display three times. Which aspect of consumer behavior was at play here?
Group of answer choices
Selective distortion
Selective attention
Subliminal perception
Selective memory
Cognitive dissonance
Flag question: Question 41
Question 412 pts
A company that analyzes web-surfing habits to infer consumers' interest in cultural activities is using ________ factors to for tactical targeting.
Group of answer choices
psychographic
geographic
behavioral
demographic
personal
Flag question: Question 42
Question 422 pts
Kenilworth Inc. is shifting from its rented four-room office to a standalone office building owned by the company itself. This can be classified as a ________.
Group of answer choices
new buy
new rebuy
straight rebuy
regular buy
modified rebuy
Flag question: Question 43
Question 432 pts
Which of these is NOT one of the five basic markets?
Group of answer choices
Resource markets
Manufacturer markets
Consumer markets
Educational markets
Government markets
Flag question: Question 44
Question 442 pts
As economies advance, a growing proportion of the economy's activities focuses on the production of ________.
Group of answer choices
luxury goods
products
events
experiences
services
Flag question: Question 45
Question 452 pts
If a company rolling out a new marketing communications campaign conducted an employee preview party and training session to help workers understand the significance of the new campaign, the company would be engaging in ________.
Group of answer choices
multichannel marketing
internal marketing
relationship marketing
performance marketing
integrated marketing
Flag question: Question 46
Question 462 pts
Which of these represents the marketing offering?
Group of answer choices
A company's initial stock offering
A sales proposal designed to promote the ability to fulfill a particular customer need.
The optimal value proposition
The marketing mix
The actual good that the company deploys in order to fulfill a particular customer need.
Flag question: Question 47
Question 472 pts
For ________ to be valued for products like vehicles and kitchen appliances, it should not command an excessive price premium and the product must not be subject to rapid technological obsolescence.
Group of answer choices
durability
reparability
performance quality
conformance quality
style
Flag question: Question 48
Question 482 pts
Narrative branding is essentially ________.
Group of answer choices
nonpromotional branding
crowdsourced messaging
storytelling
social media branding
unstructured branding
Flag question: Question 49
Question 492 pts
In the exact moment you run out of laundry detergent and realize you need to pick some up at the store, you are in the ________ stage of the buying decision process.
Group of answer choices
purchase decision
problem recognition
evaluation of alternatives
postpurchase behavior
information search
Flag question: Question 50
Question 502 pts
________ focuses on identifying customers whose needs the company can fulfill by ensuring that its offerings are customized to their needs.
Group of answer choices
The marketing mix
Product customization
Tactical targeting
Strategic targeting
Mass customization
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