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BUS 460 Exam 2 Questions and Answers Already Passed Latest Update

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BUS 460 Exam 2 Questions and Answers Already Passed Latest Update problem recognition - Answers Richard realizes he dislikes his laptop information search - Answers Richard goes online to learn about laptops evaluation of alternatives - Answers Richard compares models on reputation and features purchase decision - Answers Richard chooses a laptop with an appealing feature post-purchase - Answers Richard brings home and enjoys his laptop decision-making process - Answers 1. problem recognition 2. information search 3. evaluation of alternatives 4. purchase decision 5. post-purchase extended problem solving - Answers eventual purchase decision is perceived as a risk and/or highly involving and the consumer collects internal and external research limited problem solving - Answers more straightforward/simple and lower risk/involvement (less search and limited shopping time/venues) habitual decision making - Answers automaticity: choices made with little/no conscious effort efficient decisions: minimal time/energy consumers must be convinced to "unfreeze" their former habit and replace it with new one routine response behavior - Answers the type of decision making exhibited by consumers buying frequently purchased, low-cost goods and services; requires little search and decision time; buy now, evaluate later need recognition - Answers actual state moves downward (running out of a product, buying a deficient product, or creating new needs) opportunity recognition - Answers ideal state moves upward (exposed to different/better quality products) (standard of comparison) how marketers can create problems - Answers SHORT ANSWER 1. change/establish ideal - ideals are not constant 2. bring awareness of the actual - inform customers of the way things really are 3. create dissatisfaction with the actual 4. make a new actual possible makes things easier to recall - Answers 1. primacy and recency 2. prototypicality 3. goals and usage situations 4. accessibility 5. diagnosticity 6. brand loyalty 7. vividness/salience 8. retrieval cues prototypicality - Answers ore likely to remember an object is representative of its category goals and usage situations - Answers Consumers have goal-derived and usage-specific categories in memory, such as drinks to bring to the beach, and the activation of these categories will determine which brands they recall during internal search accessibility - Answers memories that have stronger links are recalled more easily diagnosticity - Answers if it helps us to discriminate between objects, we're more likely to recall it moderately knowledgeable - Answers the consumers that tend to search more than product experts and novices how much and how long we search - Answers depends on: 1. importance of task 2. involvement

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BUS 460 Exam 2 Questions and Answers Already Passed Latest Update 2025-2026

problem recognition - Answers Richard realizes he dislikes his laptop

information search - Answers Richard goes online to learn about laptops

evaluation of alternatives - Answers Richard compares models on reputation and features

purchase decision - Answers Richard chooses a laptop with an appealing feature

post-purchase - Answers Richard brings home and enjoys his laptop

decision-making process - Answers 1. problem recognition

2. information search

3. evaluation of alternatives

4. purchase decision

5. post-purchase

extended problem solving - Answers eventual purchase decision is perceived as a risk and/or
highly involving and the consumer collects internal and external research

limited problem solving - Answers more straightforward/simple and lower risk/involvement
(less search and limited shopping time/venues)

habitual decision making - Answers automaticity: choices made with little/no conscious effort

efficient decisions: minimal time/energy

consumers must be convinced to "unfreeze" their former habit and replace it with new one

routine response behavior - Answers the type of decision making exhibited by consumers
buying frequently purchased, low-cost goods and services; requires little search and decision
time; buy now, evaluate later

need recognition - Answers actual state moves downward (running out of a product, buying a
deficient product, or creating new needs)

opportunity recognition - Answers ideal state moves upward (exposed to different/better quality
products) (standard of comparison)

how marketers can create problems - Answers SHORT ANSWER

1. change/establish ideal - ideals are not constant

2. bring awareness of the actual - inform customers of the way things really are

, 3. create dissatisfaction with the actual

4. make a new actual possible

makes things easier to recall - Answers 1. primacy and recency

2. prototypicality

3. goals and usage situations

4. accessibility

5. diagnosticity

6. brand loyalty

7. vividness/salience

8. retrieval cues

prototypicality - Answers ore likely to remember an object is representative of its category

goals and usage situations - Answers Consumers have goal-derived and usage-specific
categories in memory, such as drinks to bring to the beach, and the activation of these
categories will determine which brands they recall during internal search

accessibility - Answers memories that have stronger links are recalled more easily

diagnosticity - Answers if it helps us to discriminate between objects, we're more likely to recall
it

moderately knowledgeable - Answers the consumers that tend to search more than product
experts and novices

how much and how long we search - Answers depends on:

1. importance of task

2. involvement

3. perceived costs/benefits

4. discrepancy of information

5. expertise

6. availability of information

7. time

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