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Exam (elaborations)

SPMT 370-Exam 1 Questions with 100% Correct Answers | Verified | Latest Update

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SPMT 370-Exam 1 Questions with 100% Correct Answers | Verified | Latest Update

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SPMT 370-Exam 1 Questions with 100% Correct
Answers | Verified | Latest Update




-examine consumers needs
-select best way to meet those wants (targeting and positioning)

, Basic marketing philosophy Utilitarian value




Social comparisons P's of marketing


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2 of 64

Term



Perceived risk is the extent to which the consumer anticipates:



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Individual characteristics the activities oriented toward a
-values, motivation, personality, specific, intended purchase or
lifestyle, self image, emotions purchases




-Negative consequences or
Affective, behavioral, cognitive
outcomes to emerge
(mental thinking element), enduring
-Positive consequences or
(loyal consumer, highly attached)
outcomes to not emerge


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3 of 64

,Definition



the recreationally oriented activities designed to provide interest,
excitement, relaxation, fun, social interaction, or some other desired
feeling



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acquisitional shopping experiential shopping




epistemic shopping impulsive shopping


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4 of 64

Definition



A group of people who share similar values, interests, and tastes that
are subsumed within a larger culture



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Micro-culture Mainstream Culture




Schema Co-cultures

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5 of 64

Definition



the activities oriented toward a specific, intended purchase or
purchases



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epistemic shopping acquisitional shopping




impulsive shopping experiential shopping


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