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BUSML 3250 Exam 2 2026 Questions and Answers

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BUSML 3250 Exam 2 2026 Questions and Answers

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BUSML 3250 Exam 2 2026 Questions and
Answers

CROPing - Correct answer-"CRedible OPinions" Activately seeking out

information and postponing a purchase decision until all options have been

evaluated.

Consumer Behavior - Correct answer-the actions a person takes in purchasing and

using products and services, including the mental and social processes that come

before and after these actions

Purchase decision process - Correct answer-the stages a buyer passes through in

making choices about which products or services to buy.




Five stages:

1) Problem Recognition

2) Information Search

3) Alternative Evaluation


©COPYRIGHT 2025, ALL RIGHTS RESERVED 1

,4) Purchase Decision

5) Post purchase Behavior

Problem Recognition (Stage 1) - Correct answer-Perceiving a difference between a

person's ideal and actual situations big enough to trigger a decision.

Information Search (Stage 2) - Correct answer-Searching for information on the

product, can be done through internal or external searches.

Internal Search - Correct answer-Scanning your memory for previous experiences

with brands or products

External Search - Correct answer-needed when past experience or knowledge is

insufficient, the risk of making a wrong purchase decision is high, and the cost of

gathering information is low.




3 Primary sources of external information:

1) Personal Sources, i.e. relatives or friends

2) Public Sources, i.e. Consumer reports, government agencies, Tv consumer

programs




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,3) Marketer-dominated Sources, i.e. information from sellers including advertising,

Company websites, salespeople, point-of-purchase displays in stores

Alternative Evaluation (Stage 3) - Correct answer-The alternative evaluation stage

clarifies the problem for the consumer by (1) suggesting criteria to use for the

purchase, (2) yielding brand names that might meet the criteria, and (3) developing

consumer value perceptions.

Evaluative Criteria - Correct answer-both the objective attributes of a brand (Such

as display) and the subjective ones (such as prestige) you use to compare different

products and brands

consideration set - Correct answer-A group of brands that a consumer considers

acceptable from among all the brands in the product class of which he or she is

aware.

cognitive dissonance - Correct answer-feeling of post-purchase psychological

tension or anxiety. To alleviate it, consumers often try to applaud themselves for

making the right choice.

Involvement - Correct answer-the personal, social, and economic significance of

the purchase to the consumer

3 Characteristics of high-involvement purchases - Correct answer-1) Expensive


©COPYRIGHT 2025, ALL RIGHTS RESERVED 3

, 2) Can have serious personal consequences

3) Could reflect on ones social image

extended problem solving - Correct answer-In extended problem solving, each of

the five stages of the consumer purchase decision process is used and considerable

time and effort are devoted to the search for external information and the

identification and evaluation of alternatives. Several brands are in the consideration

set, and these are evaluated on many attributes. Extended problem solving exists in

high-involvement purchase situations for items such as automobiles and audio

systems.

Limited Problem solving - Correct answer-In limited problem solving, consumers

typically seek some information or rely on a friend to help them evaluate

alternatives. Several brands might be evaluated using a moderate number of

attributes.

Routine problem solving - Correct answer-for products such as table salt and milk,

consumers recognize a problem, make a decision, and spend little effort seeking

external information and evaluating alternatives.

Situational Influences that affect purchase decisions - Correct answer-Five

situational influences have an affect on the purchase decision process:



©COPYRIGHT 2025, ALL RIGHTS RESERVED 4

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