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20 Question-and-Answer flashcards covering consumer decision-making stages, segmentation bases, motivation theories, and learning principles.
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What is the first stage in the consumer decision-making process?
Need recognition
What activity do consumers perform during the second stage of the decision-making process?
Information search
In the evaluation stage, what are consumers comparing?
Alternatives
Name one factor that may affect the purchase decision.
Promotions
What stage follows the purchase in the consumer decision-making process?
Post-purchase behavior
Segmentation by age, gender, or income is referred to as what type of segmentation?
Demographic segmentation
What is the term for dividing a market based on location?
Geographic segmentation
Segmenting consumers according to values and lifestyle is called what?
Psychographic segmentation
What segmentation base divides people by how they act or buy?
Behavioral segmentation
Grouping customers by the product benefits they seek is known as what?
Benefit segmentation
How many levels of needs are included in Maslow's hierarchy?
Five
In Herzberg’s Two-Factor theory, hygiene factors are separated from what?
Motivators
According to McClelland, consumers are primarily motivated by what?
Achievement
Incentive theory suggests behavior is driven by the expectation of what?
Rewards
Dissonance theory proposes that buyers seek what after a purchase?
Confirmation
Which learning theory involves linking a brand with positive feelings?
Classical conditioning
What type of conditioning shapes behavior through rewards?
Operant conditioning
Giving gifts or coupons is an example of which reinforcement type?
Positive reinforcement
Removing discomfort to encourage action is known as what kind of reinforcement?
Negative reinforcement
Learning by observing and following others is termed what?
Social conditioning