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25 Terms
1
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In terms of the buyclass framework, the purchase of paper towels and toilet paper to restock an employee restroom would be an example of a modified rebuy.
False; Straight buy- a buying situation in which a business buyers make routine purchases that require minimal decision making
2
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The individual who develops the product specifications for a complex product would likely assume the role of influencer in the buying center.
True
3
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Suppliers, customers, and employees have ready access to a company's intranet.
False; access only to authorized employees
4
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In a laboratory experiment, a rat in a maze learns the quickest route to a piece of cheese after several attempts. This is an example of observative learning.
False; observative learning is done by watching others
5
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Marketers can have little to no effect on the evaluative criteria consumers use.
False; marketers often play a role in educating consumers about which product characteristics they should use as evaluative criteria
6
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Microcultures are groups of consumers who identify with a specific activity or art form.
True
7
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PPG industries is a producer of glass for windows. It likely sells its products in the consumer market.
False; B2B markets or organizational markets
8
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Culture is society's personality.
True
9
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High-involvement purchase decisions likely involve extended problem solving.
True
10
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For marketers, racial and ethnic subcultures are less important than more easily defined microcultures such as vivid Green Bay Packers fans or devotes of Southern gospel music.
False; the most important for some
11
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According to Maslow's hierarchy of needs, a person is concerned with fulfilling basic physiological needs before he is concerned with fulfilling social or psychological needs.
True
12
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A participant in a buying center can only assume one role for any single purchase decision.
False; one, many, or all roles
13
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Because there is substantial evidence that advertising is effective, many media companies reject any advertising that contains subliminal messages.
False
14
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In the evaluation of alternatives stage, determinant criteria are more specific than evaluative criteria.
False
15
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Suppliers are more likely to stay price competitive when the purchasing company uses single sourcing than when it uses multiple sourcing.
False
16
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When an insurance company tailors its promotional messages to show how its products protect people from being devastated by natural disaster or an accident, the company is appealing to a higher level need on Maslow's hierarchy of needs.
False; lower more basic
17
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The cognition component of a person's attitude would typically be more influential than the affect component for purchases such as scented candles, bath salts, and luxurious towels.
False
18
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Purchase decision making usually begins with information search and then moves to evaluation of alternatives.
False
19
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The marketing strategy of gamification is designed to address consumers' motivational needs of prestige, status, and accomplishment.
True
20
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Fluctuating demand in business markets can be partially explained by the infrequency of the purchases.
True
21
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Perception is an example of an internal influence on the consumer decision-making process.
True
22
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Heuristics can be used to explain why Madelyn always buys a specific brand of deodorant and why Ralph always buys whatever brand he happens to see first.
True
23
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Opinion leaders influence younger consumers but usually have little or no effect on adults seeking to make a major purchase.
False
24
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Consumers use compensatory decision rules when they allow one weak or unattractive product attribute to be outweighed or offset by a strong or attractive product attribute.
True
25
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Business marketers have a broader customer base and a larger number of buyers compared to consumer marketers.