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MBA 706 Exam 2 Darrat Questions and Answers

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MBA 706 Exam 2 Darrat

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MBA 706 Exam 2 Darrat

consumer behavior - answer The study of how individuals, groups, and organizations
select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their
needs and wants

Marketing tactics - answer product
service
brand
price
incentives
communication
distribution

market context - answer economic
technological
legal
political
sociocultural
physical

consumer characteristics - answercultural, social, personal

consumer psychology - answermotivation, perception, emotions, memory

buying decision process - answerproblem recognition, information search, alternative
evaluation, purchase decision, post purchase behavior

purchase decision - answerproduct choice
brand choice
store choice
purchase quantity
purchase timing
payment method

cultural factors - answerculture, subculture (nationality, religion, racial group, geographic
region), social class

social factors - answerreference groups, family, social roles

What are reference groups? - answerAll groups that have a direct (face-to-face) or
indirect influence on attitudes or behavior.

, How do marketers use reference groups? - answerMarketers try to reach and influence
the opinions of group opinion leaders.

primary group - answergroups that a person interacts with fairly continuously and
informally
ex.) family, friends, neighbors, coworkers

secondary groups - answermore formal and less continuous interaction (religious,
professional, and trade union groups)

aspirational groups - answergroups a person hopes to join

dissociative groups - answerthose whose values or behavior an individual rejects

opinion leaders - answerperson who offers informal advice or information about a
specific product or product category

What is the family of orientation? - answerThe family in which a person is raised,
including parents and siblings.

What does the family of orientation influence? - answerA person's orientation towards
religion, politics, and economics.

What sense does the family of orientation help develop? - answerA sense of personal
ambition, self-worth, and love.

What is the family of procreation? - answerA family unit consisting of a spouse and
children.

Who usually has the main influence on buying behavior in a family of procreation? -
answerThe wife, although trends are changing.

What is changing in the roles of purchasing agents in families of procreation? -
answerBoth male and female are increasingly seen as purchasing agents.

personal factors - answerage and life-cycle stage, occupation, economic situation,
lifestyle, values, personality, and self-concept

what do marketers do with occupational information - answerMarketers try to identify the
occupational groups that have above-average interest in their products and services
and even tailor products for certain occupational groups

personality - answerset of distinguishing human psychological traits that lead to
relatively consistent and

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