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MARK 1115 Chapter 4
chapter 4
45
Marketing
Undergraduate 1
01/26/2014

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Term
lifestyle
Definition
A mode of living as identified by a person’s activities, interests, and opinions. p.115
Term
limited decision making
Definition
The type of decision making that requires a moderate amount of time for gathering information and deliberating about an unfamiliar brand in a familiar product category. p.98
Term
aspirational reference group
Definition
A group that someone would like to join. p.108
Term
attitude
Definition
A learned tendency to respond consistently toward a given object.p.122
Term
belief
Definition
An organized pattern of knowledge that an individual holds as true about his or her world. p.122
Term
brand extension
Definition
The practice of introducing new varieties, flavours, formats, or products under a brand name that is already well established in the market. p. 95
Term
cognitive dissonance
Definition
Inner tension that a consumer experiences after recognizing an inconsistency between behaviour and values or opinions. p.96
Term
consumer behaviour
Definition
Processes a consumer uses to make purchase decisions, as well as to use and dispose of purchased goods or services; also includes factors that influence purchase decisions and product use. p.90
Term
culture
Definition
The set of values, norms, attitudes, and other meaningful symbols that shape human behaviour and the artifacts, or products, of that behaviour as they are transmitted from one generation to the next. p.102
Term
evoked set (consideration set)
Definition
Group of brands, resulting from an information search, from which a buyer can choose. p.94
Term
extensive decision making
Definition
The most complex type of consumer decision making, used when buying an unfamiliar, expensive product or an infrequently bought item; requires use of several criteria for evaluating options and much time for seeking information. p.99
Term
external information search
Definition
The process of seeking information in the outside environment. p.92
Term
ideal self-image
Definition
The way an individual would like to be. p.114
Term
internal information search
Definition
The process of recalling past information stored in the memory. p.92
Term
involvement
Definition
The amount of time and effort a buyer invests in the search, evaluation, and decision processes of consumer behaviour. p.98
Term
learning
Definition
A process that creates changes in behaviour, immediate or expected, through experience and practice. p.121
Term
lifestyle
Definition
A mode of living as identified by a person’s activities, interests, and opinions. p.115
Term
limited decision making
Definition
The type of decision making that requires a moderate amount of time for gathering information and deliberating about an unfamiliar brand in a familiar product category. p.98
Term
marketing-controlled information source
Definition
A product information source that originates with marketers promoting the product. p.93
Term
Maslow’s hierarchy of needs
Definition
A method of classifying human needs and motivations into five categories in ascending order of importance: physiological, safety, social, esteem, and self-actualization. p.119
Term
motive
Definition
A driving force that causes a person to take action to satisfy specific needs. p.119
Term
need recognition
Definition
Result of an imbalance between actual and desired states. p.90
Term
nonaspirational reference group
Definition
A group with which an individual does not want to associate. p.108
Term
nonmarketing-controlled information source
Definition
A product information source that is not associated with advertising or promotion. p.92
Term
norm
Definition
A value or attitude deemed acceptable by a group. p.108
Term
opinion leader
Definition
An individual who influences the opinions of others. p.108
Term
perception
Definition
The process by which people select, organize, and interpret stimuli into a meaningful and coherent picture. p.116
Term
personality
Definition
A way of organizing and grouping the consistencies of an individual’s reactions to situations. p.114
Term
primary membership group
Definition
A reference group with which people interact regularly in an informal, face-to-face manner, such as family, friends, and fellow employees. p.108
Term
real self-image
Definition
The way an individual actually perceives himself or herself. p.114
Term
reference group
Definition
A group in society that influences an individual’s purchasing behaviour. p.107
Term
routine response behaviour
Definition
The type of decision making exhibited by consumers buying frequently purchased, low-cost goods and services; requires little search and decision time. p.98
Term
secondary membership group
Definition
A reference group with which people associate less consistently and more formally than a primary membership group, such as a club, professional group, or religious group. p.108
Term
selective distortion
Definition
A process whereby a consumer changes or distorts information that conflicts with his or her feelings or beliefs. p.117
Term
selective exposure
Definition
The process by which a consumer notices certain stimuli and ignores others. p.116
Term
selective retention
Definition
A process whereby a consumer remembers only that information which supports his or her personal beliefs. p.118
Term
self-concept
Definition
How consumers perceive themselves in terms of attitudes, perceptions, beliefs, and self-evaluations. p.114
Term
social class
Definition
A group of people in a society who are considered nearly equal in status or community esteem, who regularly socialize among themselves both formally and informally, and who share behavioural norms. p.105
Term
socialization process
Definition
How cultural values and norms are passed down to children. p.110
Term
stimulus
Definition
Any unit of input affecting one or more of the five senses: sight, smell, taste, touch, hearing. p.90
Term
stimulus discrimination
Definition
A learned ability to differentiate among similar products. p.122
Term
stimulus generalization
Definition
A form of learning that occurs when one response is extended to a second stimulus similar to the first. p.121
Term
subculture
Definition
A homogeneous group of people who share elements of the overall culture as well as unique elements of their own group. p.104
Term
value
Definition
The enduring belief that a specific mode of conduct is personally or socially preferable to another mode of conduct. p.102
Term
want
Definition
Recognition of an unfulfilled need and a product that will satisfy it. p.90
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