Filters
Question type

Study Flashcards

Using a product in a new way is referred to as _____.


A) counterfactual thinking
B) prefactual thinking
C) use innovativeness
D) usage expansion
E) extended use thinking

Correct Answer

verifed

verified

Negative emotions or guilt feelings aroused by the use of a product or a service are referred to as _____.


A) postpurchase anxiety
B) consumption guilt
C) consumption anxiety
D) postpurchase dissonance
E) consumption dissonance

Correct Answer

verifed

verified

The term used to refer to turnover in a firm's customer base is _____.


A) turnover
B) churn
C) attrition rate
D) turn ratio
E) defection rate

Correct Answer

verifed

verified

For which product is no disposition involved?


A) ice cream cone
B) laundry detergent
C) soft drink
D) clothing
E) electronics

Correct Answer

verifed

verified

Kristen purchased a chair and ottoman from a national chain furniture store. After only six months, the fabric started to fade and tear in some spots. While she didn't spend much money on this chair, she did expect it to last longer than that. Kristen most likely experienced _____.


A) satisfaction
B) dissatisfaction
C) nonsatisfaction
D) elation
E) guilt

Correct Answer

verifed

verified

Hailey purchased furniture for her living room and spent quite a bit of money. After she purchased it, she started regretting that she spent so much, and she wasn't sure she liked the furniture. To make herself feel better, she told herself that the other furniture she was considering really wasn't that good and probably would not last as long as the furniture she ended up purchasing. Which of the following is Hailey using to reduce her postpurchase dissonance?


A) increasing the desirability of the brand purchased
B) decreasing the desirability of rejected alternatives
C) decreasing the importance of the purchase decision
D) reversing the purchase decision
E) increasing the importance of the purchase decision

Correct Answer

verifed

verified

What are the two dimensions of performance for products?


A) instrumental and symbolic
B) latent and manifest
C) immediate and delayed
D) direct and indirect
E) consummatory and instrumental

Correct Answer

verifed

verified

For which type of firm has research shown that reducing the number of customers who leave by 5 percent resulted in the highest percentage increase in average profits per customer?


A) auto services
B) branch banks
C) insurance brokerage
D) industrial laundry
E) credit insurance

Correct Answer

verifed

verified

Failure on a given product or service characteristic often has a stronger effect on consumers than success on that same characteristic. This is known as ______.


A) technology bias
B) service design flaw
C) customer failure
D) negativity bias
E) financial failure

Correct Answer

verifed

verified

Which of the following is NOT an action a consumer may utilize to reduce dissonance?


A) increase the desirability of the brand purchased
B) decrease the desirability of rejected alternatives
C) decrease the importance of the purchase decision
D) reverse the purchase decision (return the product before use)
E) increase the importance of alternatives that were not considered in the purchase initially

Correct Answer

verifed

verified

Which type of customer has an emotional attachment to the brand or firm?


A) repeat purchaser
B) satisfied buyer
C) total buyer
D) committed customer
E) affective customer

Correct Answer

verifed

verified

Which of the following is FALSE regarding the way in which disposition decisions can affect a firm's marketing strategy?


A) For most durable goods, consumers are reluctant to purchase a new item until they have "gotten their money's worth" from the old one.
B) Disposition sometimes must occur before acquisition of a replacement because of space or financial limitations.
C) Frequent decisions by consumer to sell, trade, or give away used products results in a large used-product market that can reduce the market for new products.
D) The United States is a completely throwaway society, and consumers are willing to purchase new products without concern for waste.
E) Environmentally sound disposition decisions benefit society as a whole and thus the firms that are part of that society.

Correct Answer

verifed

verified

Churn is a term used to refer to turnover in a firm's customer base.

Correct Answer

verifed

verified

Which dimension of product performance relates to the physical functioning of the product?


A) affective
B) direct
C) instrumental
D) attributional
E) consummatory

Correct Answer

verifed

verified

Explain how disposition decisions can affect a firm's marketing strategy.

Correct Answer

verifed

verified

There are five major ways in which dispo...

View Answer

Which disposition alternative is the most widely used by consumers?


A) trade in
B) recycle
C) throw away
D) give away
E) sell

Correct Answer

verifed

verified

Simon was dissatisfied with the meal and service he received at a restaurant, so he complained. The manager came out and was arrogant to Simon, and Simon felt like he was trying to blame him for the bad experience he had by saying he was too picky. Simon vowed never to eat at that restaurant again. Which reason for changing providers does this represent?


A) involuntary switching
B) responses to service failures
C) pricing
D) attraction by competitors
E) ethical problems

Correct Answer

verifed

verified

The emotional response that owning or using the product or outlet provides is known as _____.


A) affective performance
B) direct performance
C) instrumental performance
D) symbolic performance
E) consummatory performance

Correct Answer

verifed

verified

Kevin buys the same brand of clothing all the time. He continues to buy it because it fits him well and the price is right, but he does not have an emotional attachment to it. Kevin is an example of a(n) _____.


A) trapped purchaser
B) committed customer
C) repeat purchaser
D) nonsatisfied customer
E) indifferent purchaser

Correct Answer

verifed

verified

Repeat purchasers continue to buy the same brand because of their emotional attachment to it.

Correct Answer

verifed

verified

Showing 81 - 100 of 101

Related Exams

Show Answer