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Maximize Your Exam Performance with the Reliable [Consumer Behavior,Blackwell,10e] Test Bank

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Uploaded on
July 13, 2023
Number of pages
353
Written in
2022/2023
Type
Exam (elaborations)
Contains
Questions & answers

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CHAPTER 1—CONSUMER BEHAVIOR AND CONSUMER RESEARCH



TRUE/FALSE


1. Consumer behavior is a specialized discipline in the marketing field and represents a small
part of our everyday decisions.


ANS: F


2. Some of the most successful firms are adopting an approach that organizes their activities
around the needs and behaviors of key manufacturers rather than key customers.


ANS: F


3. The activities people undertake when obtaining, consuming, and disposing of products and
services is a good definition of marketing.


ANS: F


4. To gain an effective understanding of the consumer it is most important to study activities
relating to the purchase aspect of consumer behavior.


ANS: F


5. To gain an effective understanding of the consumer it is most important to study activities
relating to the purchase, consumption, and disposal aspects of consumer behavior.


ANS: T


6. Consumer behavior can be defined as the activity people undertake when obtaining,
consuming, and disposing of products and services.


ANS: T

, 7. Obtaining refers to the activities leading up to and including the purchase or receipt of a
product.


ANS: T


8. Disposing refers to how, when, where, and under what circumstances consumers use
products.


ANS: F


9. Consuming includes how consumers get rid of products and packaging.


ANS: F


10. Historically, the study of consumer behavior has focused on why people buy.


ANS: T

,11. Consumption analysis focuses on how people buy.


ANS: F


12. Why and how people consume is the focus of consumption analysis.


ANS: T


13. In the United States, consumers are responsible for about 66 percent of the nation’s
economy.


ANS: T


14. The marketing concept is the process of planning, and execution of ideas, goods and
services to create exchanges that satisfy individual and organizational objective.


ANS: T


15. The marketing concept refers to the ability of a firm to sell what it manufactures to its
targeted consumers.


ANS: F


16. Marketing is the process of making people want to buy what an organization has to sell.


ANS: F


17. Marketing is the process of transforming an organization to have what people will buy.


ANS: T


18. If a firm is doing a good job of marketing, it can ignore the needs and wants of the market.

, ANS: F


19. Due to the high cost of recruiting new customers, firms sometimes try to create
relationships with their customers as a way of retaining them.


ANS: T


20. Public policy makers are not interested in consumer behavior.


ANS: F


21. An understanding of consumer behavior is useful in formulating public policy.


ANS: T


22. Consumer research plays an important role in public policy debates as policy makers need
to predict the effect of their decisions upon the public.


ANS: T


23. The cornerstone of a market-driven economy is the right of any consumer to make an
informed and unrestricted choice from an array of alternatives.


ANS: T


24. From an individual standpoint, possibly the most important reason you should be
interested in consumer behavior is the effect it will have on the overall economy.


ANS: F


25. The retail supply chain consists of all the organizations involved in taking a product from
inception to final consumption.

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