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Exam (elaborations)

Consumer behavior 1

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Exam of 26 pages for the course consumer behavior at consumer behavior (Consumer behavior 1)

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1. What is the main focus of psychographics in market segmentation?

A. Demographic information like age and gender

B. Geographical location of consumers

C. Psychological characteristics such as values, attitudes, and lifestyle

D. Product usage frequency

Answer: C) Psychological characteristics such as values, attitudes, and lifestyle

Rationale: Psychographics focus on understanding consumers' psychological traits, interests,

lifestyles, and values, helping marketers segment the market more effectively.




2. Which type of consumer decision-making behavior involves high involvement, but limited

brand difference?

A. Complex buying behavior

B. Dissonance-reducing buying behavior

C. Habitual buying behavior

D. Variety-seeking buying behavior

Answer: B) Dissonance-reducing buying behavior

Rationale: Dissonance-reducing behavior occurs when consumers are highly involved but face

little difference between the alternatives, leading to a decision driven by reducing post-purchase

dissonance.

,3. Which factor influences a consumer's purchasing decision by shaping their tastes and

preferences?

A. Culture

B. Income

C. Advertising

D. Physical environment

Answer: A) Culture

Rationale: Culture influences the values, beliefs, and preferences of consumers, shaping their

choices and behaviors.




4. Which of the following is a characteristic of low-involvement buying behavior?

A. Extensive information search

B. High emotional engagement

C. Limited information search

D. High price sensitivity

Answer: C) Limited information search

Rationale: Low-involvement buying behavior is typically associated with everyday purchases

where consumers do not invest significant time or effort in making decisions.




5. What is "selective exposure" in consumer behavior?

, A. The tendency to avoid advertisements

B. The tendency to seek out information that confirms one's beliefs

C. The tendency to ignore negative information about products

D. The process of evaluating product alternatives

Answer: B) The tendency to seek out information that confirms one's beliefs

Rationale: Selective exposure occurs when consumers only expose themselves to information or

media that aligns with their preexisting attitudes or preferences.




6. What does "brand equity" refer to in consumer behavior?

A. The financial value of a brand in the market

B. The level of customer satisfaction with a brand

C. The emotional attachment consumers have with a brand

D. The amount of market share a brand holds

Answer: C) The emotional attachment consumers have with a brand

Rationale: Brand equity refers to the value derived from consumer perceptions, feelings, and

loyalty toward a brand, which can influence their purchase behavior.




7. Which of the following is a psychological factor influencing consumer behavior?

A. Social class

B. Family

C. Motivation

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