Consumer behavior is the study of how, when, why, and where people do or do not buy products. It involves understanding needs, information search, evaluation of alternatives, purchase decisions, and post-purchase behavior. Post-purchase behavior refers to a consumer's actions after a purchase based on their satisfaction level. It includes feelings of regret or reassurance from a brand's advertising. Environmental and social factors like culture, subculture, family, and groups also influence consumer behavior. Motivation comes from needs and goals, and understanding consumer motives helps marketers target their products effectively.
Consumer behavior is the study of how, when, why, and where people do or do not buy products. It involves understanding needs, information search, evaluation of alternatives, purchase decisions, and post-purchase behavior. Post-purchase behavior refers to a consumer's actions after a purchase based on their satisfaction level. It includes feelings of regret or reassurance from a brand's advertising. Environmental and social factors like culture, subculture, family, and groups also influence consumer behavior. Motivation comes from needs and goals, and understanding consumer motives helps marketers target their products effectively.
Consumer behavior is the study of how, when, why, and where people do or do not buy products. It involves understanding needs, information search, evaluation of alternatives, purchase decisions, and post-purchase behavior. Post-purchase behavior refers to a consumer's actions after a purchase based on their satisfaction level. It includes feelings of regret or reassurance from a brand's advertising. Environmental and social factors like culture, subculture, family, and groups also influence consumer behavior. Motivation comes from needs and goals, and understanding consumer motives helps marketers target their products effectively.
No"#$ % &0'303 Co(s)*er Be+$,"or Ass"-(*e(t A M$r.s '0 A(s/er $00 1)est"o(s. 1. Define consumer behavior. Explain briefly the consumer buying decision process? A.1 Co(s)*er 2e+$,"or is the study of when, why, how, and where people do or do not buy product. It blends elements from psychology, sociology, social anthropology and economics. It attempts to understand the buyer decision maing process, both individually and in groups. It studies characteristics of individual consumers such as demographics and behavioral variables in an attempt to understand people!s wants. It also tries to assess influences on the consumer from groups such as family, friends, reference groups, and society in general. "ustomer behavior study is based on consumer buying behavior, with the customer playing the three distinct roles of user, payer and buyer. #elationship mareting is an influential asset for customer behavior analysis as it has a een interest in the re$discovery of the true meaning of mareting through the re$affirmation of the importance of the customer or buyer. A greater importance is also placed on consumer retention, customer relationship management, personali%ation, customi%ation and one$to$one mareting. &ocial functions can be categori%ed into social choice and welfare functions. Co(s)*er 2)3"(- #ec"s"o( 4rocess5 Nee# Reco-("t"o( 'he buying process starts with need recognition ( the buyer recogni%es a problem or need. 'he buyer senses a difference between his or her actual state and some desired state. I(6or*$t"o( Se$rc+ 'he stage of the buyer decision process in which the consumer is aroused to search for more information) the consumer may simply have heightened attention or may go into active information search. A0ter($t",e E,$0)$t"o( 'he stage of the buyer decision process in which the consumer uses information to evaluate alternative brands in the choice set. P)rc+$se Dec"s"o( 'he stage of the buyer decision process in which the consumer actually buys the product. Post 4)rc+$se Be+$,"or 'he stage of the buyer decision process in which consumers tae further action after purchase based on their satisfaction or dissatisfaction. *. +hat do you mean by post purchase behavior? Explain this with the help of suitable examples. A.* Ever have doubts about the product after you purchased it? 'his simply is post purchase behavior and research shows that it is a common trait amongst purchasers of products. ,anufacturers of products clearly want recent consumers to feel proud of their purchase) it is therefore -ust as important for manufacturers to advertise for the sae of their recent purchaser so consumers feel comfortable that they own a product from a strong and reputable organi%ation. 'his limits post purchase behavior. i.e. you feel reassured that you own the latest advertised product. .ost$purchase behavior involves all the consumers! activities and the experiences that follow the purchase. /sually, after maing a purchase, consumers experience post$ purchase dissonance. In other words, they regret their purchase decision. 'he reasons for high post$purchase dissonance can be attractiveness and performance of forgone alternatives, difficult purchase decision, large number of alternatives, etc. A high level of post$purchase dissonance is negatively related to the level of satisfaction the consumer draws out of product usage. +hile experiencing post$purchase dissonance, consumers become acutely aware of the mareters! communication. 'o reduce post$purchase dissonance, consumers may sometimes even return or exchange the product. In some cases, however, consumers initially use the product but after a period of time fail to do so. Marketers, therefore, should not consider a product purchased as a product consumed. A non-used product is also more likely to affect the repurchase pattern of the consumers negatively. Consumers need to dispose off the products or packaging before, during, or after the use. The issue of disposal is gaining considerable importance for marketers as it directly affects the repurchase pattern of the consumers. .roduct use0consumption is followed by its evaluation, which may then lead to satisfaction 1perceived performance 2 minimum desired expectations3) non$satisfaction 1perceived performance 4 minimum desired expectations3) or dissatisfaction 1perceived performance 5 minimum desired expectations3. "onsumer dissatisfaction may result in complaint behavior. "onsumers may choose to tae action against the mareter0service provider by way of warning friends, returning the product, boycotting and brand switching, complaining to the mareter, complaining to the relevant government0non$ government bodies, and0or taing legal action against mareters0service provider. 6. +hat are the environmental factors influencing buyer behavior? Explain the reference group with the help of suitable examples. E(,"ro(*e(t$0 6$ctors5 'hey are difficult to identify and measure. Environmental influences can be physically, technologically, economically, political as well as cultural. Examples of environmental factors7 Investment behavior, consumer behaviour, interest rate, technology, legislation, competition, politics, ecology,89 Environmental factors comprise 1 &ocial factors 1reference group, family, role, and status3 * "ultural factors 1culture, sub$culture, social class3 0'. C)0t)r$0 F$ctor5 "ultural factor divided into three sub factors 1i3 "ulture 1ii3 &ub "ulture 1iii3 &ocial "lass A. "ulture7$ 'he set of basic values perceptions, wants, and behaviours learned by a member of society from family and other important institutions. "ulture is the most basic cause of a person!s wants and behaviour. Every group or society has a culture, and cultural influences on buying behaviour may vary greatly from country to country. :. &ub "ulture 7$ A group of people with shared value systems based on common life experiences and situations. Each culture contains smaller sub cultures a group of people with shared value system based on common life experiences and situations. &ub culture includes nationalities, religions, racial group and geographic regions. ,any sub culture mae up important maret segments and mareters often design products. ". &ocial "lass7$ Almost every society has some form of social structure) social classes are society!s relatively permanent and ordered divisions whose members share similar values, interests and behaviour. 0&. Soc"$0 F$ctors5 A consumer!s behaviour also is influenced by social factors, such as the 1i3 ;roups 1ii3 <amily 1iii3 #oles and status A. ;roups 7$ 'wo or more people who interact to accomplish individual or mutual goals. A person!s behavior is influenced by many small groups. ;roups that have a direct influence and to which a person belongs are called membership groups. &ome are primary groups includes family, friends, neighbors and coworers. &ome are secondary groups, which are more formal and have less regular interaction. 'hese includes organi%ations lie religious groups, professional association and trade unions. B. <amily7$ <amily members can strongly influence buyer behaviour. 'he family is the most important consumer buying organi%ation society and it has been researched extensively. ,areters are interested in the roles, and influence of the husband, wife and children on the purchase of different products and services. C. #oles and &tatus 7$ A person belongs to many groups, family, clubs, and organi%ations. 'he person!s position in each group can be defined in terms of both role and status. <or example. , = 8>8 plays the role of father, in his family he plays the role of husband, in his company, he plays the role of manager, etc. A #ole consists of the activities people are expected to perform according to the persons around them. ?. Explain the concept of motivation in the consumer behavior with the help of suitable examples. A.? ,otivation is what stimulates all human behavior. 'he process of motivation is initiated by the tension an unsatisfied want creates. An individual maes all possible efforts to reduce that tension. 'he needs or motives which are at the root of the motivation process are of different types. .hysiological needs or primary needs include the need for air, water, food, clothing, shelter and sex, while psychological or secondary needs include the need for affection, status, security, etc. @eeds could be positive, negative, utilitarian or hedonic, conscious or unconscious, and accordingly goals are formulated. A person has many goals and these goals are never ending and a failure to satisfy them sometimes leads to frustration. A person can deal with this by targeting substitute or related goals or by building a defense mechanism such as aggression, rationali%ation, regression and withdrawal. It is very important for the mareters to now the motives influencing the consumer as they initiate and direct all human behavior 1including consumer behavior3. ,any psychologists such as +illiam ,c;uire and Aenry ,urray have tried to list human motives) the motives listed by them are relevant to a mareter in studying consumer behavior as well. +hile ,c;uire used a four point model to explain mareters that a consumer is affected by a combination of needs and not a single need, ,urray tried to list *B motives and stated that people have a similar set of needs, however they prioriti%e them differently. 'heories of motivation also help mareters in understanding how consumers! consumption is influenced by their needs. Abraham ,aslow tried to arrange such significant needs into a hierarchy of five levels, depending on the relative importance of the needs to a person. 'he five levels of needs given by him are 13 physiological needs, *3 safety needs, 63 social needs, ?3 egoistic or self esteem needs and finally C3 self actuali%ation needs. 'he trio of needs 1another theory of motivation3 deal with three inds of needs vi%., need for power, need for affiliation and need for achievement. 'hese needs play an important role in influencing consumer behavior. ,otivational conflict is a concept which deals with the conflicting motives of the customers. Aere the mareter tries to pro-ect the product as a solution to such conflicts. +ith motivation being such a ma-or influence on consumption pattern of the customer, there is a strong need to study it as part of mareting research. Dualitative techniEues of observation, focus groups and in$depth interview and analysis are used to understand the latent motives of a consumer. 'he level of involvement 1how interested the consumer was about a product3 determines the degree of motivation a consumer had to buy that product. 'he source of stimulation and the particular situation the consumer is in when he or she comes into contact with the product also determine the level of involvement. It could vary in degree, i.e. the customer!s involvement could be at the basic stage 1it could be passive or low3) on the other hand involvement could be active or high. 'he mareter has to understand how interested his consumer is and accordingly formulate strategies and advertising. 'o conclude, the mareter who understands the various needs that motivate a consumer in purchasing a product or service and is able to design and showcase his products accordingly will be successful. :ig mareters, at times, may also employ a full maret coverage strategy, which may further be differentiated 1different mareting mix for different products3 or undifferentiated 1single mareting mix for all products3. &ometimes mareters adopt too many micro segments, which later become redundant. In such a case, all segments are clubbed together with a single mareting mix 1counter segmentation3. C. +rite short notes on any three of the following. A. .rimitive "ategori%ation7 Fn the most basic level, people tend to mae distinctions between moving and non$moving entities. In particular, self$propelled and autonomous movement ( that does not seem to be caused by external forces ( attracts attention since it is an indication of Gliving matterH 1+hite, 1IIC3. In classical monster films, the convention of having the apparently dead psychopath mae a small movement of a part of the body 1in close$up3, exploits this propensity7 something we thought was dead, is now alive and GintentionalH again 1cf. also puppets3. Jisual appearance of a creature or ob-ect seems to be a fundamental triggerer of anthropomorphic thining. "onfigurations that loo lie faces and bodies, in reality or in images, have a particular salience to us. :abies seem to be predisposed to loo for and fasten their ga%e in other peopleHs eyes. Aumans appear to be especially eEuipped to recogni%e faces and body movements. .eople anthropomorphi%e entities that loo and move lie humans. &uch effects have evolutionary value, which is probably why they have persisted 1G&pend particular attention to things that loos lie thisH3. Fther primitive categori%ation can be explained in the same manner. G"utenessH ( something small and obtrusive ( triggers feelings of Ginfantile helplessnessH and a tendency to care for and protect 1'an, 1IIK71KLf3. Experiences of GuglinessH and GbeautyH set off an action tendency to avoid or to approach that particular face of body. :. Influence of <amily and <riends7 "onsumer often go on some form of information search to help them through their purchase decision. &ources of information could be family, friends, neighbors who may have the product you have in mind. <amily is the most influential group for the consumer. 'he family members can strongly influence buyer behavior. It can be distinguished between two families in the buyerHs life. Fne is the buyerHs parents who mae up the family of orientation. <rom parents a person acEuires an orientation toward religion, politics, and economics and a sense of personal ambition, self$worth, and love. 'he other is the family of procreation$the buyerHs spouse and children$exert a more direct influence on everyday buying behavior. ,areters are interested in the roles and relative influence of the husband, wife, and children on the purchase of a large variety of products and services. 'he purpose of this report is to discuss the role of the family in consumer behavior. 'here are three main elements directly effect the family consumption. 'hey are family lifecycle, the structure of the family and family decisions maing process. ". .rimary vs. &econdary #eference ;roups7 A primary group is a typically small social group whose members share close, personal, enduring relationships. 'hese groups are mared by members! concern for one another, and shared activities and culture. Examples include family, childhood friends, and highly influential social groups. Mou do not choose to be part of these groups you -ust are. .rimary groups play an important role in the development of identity. A primary group is a group in which one exchange implicit items, such as love, caring, concern, animosity, support, and such. Examples, of these would be family groups, love relationships, crisis support groups, church groups and such. #elationships formed in primary groups are often long$lasting and goals in themselves. 'hey also are often psychologically comforting to the individuals involved and provide a source of support and encouragement. .eople in a secondary group interact on a less personal level than in a primary group, and their relationships are temporary rather than long lasting. &ince secondary groups are established to perform functions, peopleHs roles are more interchangeable. A secondary group is one you have chosen to be a part of. 'hey are based on interests and activities. 'hey are where many people mae can meet close friends or people they would -ust call acEuaintances. &econdary groups are groups in which on exchanges explicit commodities, such as labor for wages, services for payments, and such. Examples of these would be employment, vendor$to$client relationships, and such. D. 'he <amily Nife "ycle "oncept7 +hile the family life cycle concept is widely used in the consumer behavior literature, its value for explaining variation in buyer behavior is less than it could be. 'he ma-or problems with the concept as presently used are that7 113 it was borrowed from sociology without any basic revisions for consumer behavior use) 1*3 it is presently generally operationali%ed as a static classificatory scheme and therefore cannot account for changing family structure) and 163 #esearchers have failed to lin family life cycle to the concept lifestyle $ another concept so crucial to explaining variations in buyer behavior. E. Frgani%ational :uying :ehavior. Frgani%ation buying is the decision$maing process by which formal organi%ations establish the need for purchased products and services and identify, evaluate, and choose among alternative brands and suppliers. :uying :ehavior is the decision processes and acts of people involved in buying and using products. @eed to understand7 +hy consumers mae the purchases that they mae? +hat factors influence consumer purchases? 'he changing factors in our society. "onsumer :uying :ehavior refers to the buying behavior of the ultimate consumer. A firm needs to analy%e buying behavior for7 :uyerHs reactions to a firms mareting strategy has a great impact on the firmHs success. 'he mareting concept stresses that a firm should create a ,areting ,ix 1,,3 that satisfies 1gives utility to3 customers, therefore need to analy%e the what, where, when and how consumers buy. ,areters can better predict how consumers will respond to mareting strategies. Co(s)*er Be+$,"or Ass"-(*e(t B M$r.s '0 A(s/er $00 1)est"o(s. 1. Explain the "ognitive Nearning 'heory with the help of suitable examples. A.1 "ognitive theory is a learning theory of psychology that attempts to explain human behavior by understanding the thought processes. 'he assumption is that humans are logical beings that mae the choices that mae the most sense to them. OInformation processingP is a commonly used description of the mental process, comparing the human mind to a computer. .ure cognitive theory largely re-ects behaviorism on the basis that behaviorism reduces complex human behavior to simple cause and effect. Aowever, the trend in past decades has been towards merging the two into a comprehensive cognitive$behavioral theory. 'his allows therapists to use techniEues from both schools of thought to help clients achieve their goals. &ocial cognitive theory is a subset of cognitive theory. .rimarily focused on the ways in which we learn to model the behavior of others, social cognitive theory can be seen in advertising campaigns and peer pressure situations. It is also useful in the treatment of psychological disorders including phobias. *. A3 +hat are attitudes? Discuss briefly the strategies of attitude change. Ans a. An $tt"t)#e is a hypothetical construct that represents an individual!s degree of lie or dislie for an item. Attitudes are generally positive or negative views of a person, place, thing, or eventQthis is often referred to as the attitude ob-ect. .eople can also be conflicted or ambivalent toward an ob-ect, meaning that they simultaneously possess both positive and negative attitudes toward the item in Euestion. Attitudes are -udgments. 'hey develop on the A:" model 1affect, behavior, and cognition3 'he affective response is an emotional response that expresses an individual!s degree of preference for an entity. 'he behavioral intention is a verbal indication or typical behavioral tendency of an individual. 'he cognitive response is a cognitive evaluation of the entity that constitutes an individual!s beliefs about the ob-ect. ,ost attitudes are the result of either direct experience or observational learning from the environment.
Attitudes can be changed through persuasion and we should understand attitude change as a response to communication. Experimental researches into the factors that can affect the persuasiveness of a message include7 1. T$r-et C+$r$cter"st"cs5 'hese are characteristics that refer to the person who receives and processes a message. Fne such trait is intelligence $ it seems that more intelligent people are less easily persuaded by one$sided messages. Another variable that has been studied in this category is self$esteem. Although it is sometimes thought that those higher in self$esteem are less easily persuaded, there is some evidence that the relationship between self$esteem and persuasibility is actually curvilinear, with people of moderate self$esteem being more easily persuaded than both those of high and low self$esteem levels 1#hodes = +oods, 1II*3. 'he mind frame and mood of the target also plays a role in this process. *. So)rce C+$r$cter"st"cs5 'he ma-or source characteristics are expertise, trustworthiness and interpersonal attraction or attractiveness. 'he credibility of a perceived message has been found to be a ey variable here) if one reads a report about health and believes it came from a professional medical -ournal, one may be more easily persuaded than if one believes it is from a popular newspaper. &ome psychologists have debated whether this is a long$lasting effect and Aovland and +eiss 11IC13 found the effect of telling people that a message came from a credible source disappeared after several wees 1the so$called 8sleeper effect83. +hether there is a sleeper effect is controversial. .erceived wisdom is that if people are informed of the source of a message before hearing it, there is less lielihood of a sleeper effect than if they are told a message and then told its source. 6. Mess$-e C+$r$cter"st"cs5 'he nature of the message plays a role in persuasion. &ometimes presenting both sides of a story is useful to help change attitudes. b3 Explain the influences of reference groups on products and brands with the help of suitable examples. +hen the influence of reference groups on the purchase of a number of consumer goods was first studied, it was found that the conspicuousness of a product is a strong determinant of its susceptibility to reference group influence. "onspicuousness may be of two forms, however. <irst the item must be exclusive in some way. If virtually everyone owns it, it is not conspicuous in the first sense, even though it may be highly visible. Fperationally we may thin of this as the distinction between luxuries 1having a degree of exclusivity3 and necessities 1possessed by virtually everyone3. &econd the item must be seen or identified by others. 'hus, where an item is consumed had great relevance. In this situation, a distinction may be made between publicly consumed products 1which are seen by others3 and privately consumed items 1not seen by others3. #eference groups may influence either the purchase of a product or the choice of a particular brand, or both. Fther consumer researchers have investigated the role of reference group influence on product and brand choice for several product categories. Fne of these studies is summari%ed in <igure below In many consumer researches, reference group is a ey concept for demonstrating the congruency between group membership and brand usage. It refers to the social groups that are important to a consumer and against which he0she compares oneself. +ith different personal goals, individuals would tae different types of reference groups. <or example, if someone would lie to verify his own current social identities, he tends to compare himself with a Gmember groupH, to which it supposes he belongs to. <or example, if a person considers himself to be intellectual and his member group of intellectuals tends to drive a Jolvos, he may choose to drive Jolvo too. &imilarly, an Gaspiration groupH is another type of reference group to which an individual aspires to belong. If a consumer wishes to be more hip, and he sees hip people wearing Jersace clothing, he may choose to wear Jersace clothing in an attempt to appropriate the hip associations of that brand 6. +hy a researcher should prefer to use focus groups rather than depth interview? +hen depth interview are preferable? Ans 6. 'he mainstay of consumer research is the focus group 1or group discussion3 so beloved and feared by politicians. A focus group consists of K$R people brought together for a discussion moderated by an experienced researcher. A typical group lasts about IL minutes in length 1a mini$group may be ? people in a shorter timeframe3. 'he role of the moderators is to guide the discussion to cover certain areas, but the reason for the group is so that discussion arises among the participants spontaneously. In other words, the group structure means that those taing part stimulate Euestions and comments from each other. In its original incarnation, this meant that there was less chance of an 8interviewer effect8 distorting the research, but with nowing respondents and the almost clichSd environment, this spontaneity and realism has become more difficult to achieve. "onseEuently, a ma-or element of the success of the group is the sill of the moderator in steering the group so that ey areas are covered in depths as they emerge from the conversation and deeper motivations are uncovered, not -ust social norms. 'o help guide the focus group the moderator also uses a discussion guide and stimulus materials. 'o help the discussion move away from superficial answers and to tap into deeper motivations, respondents might be ased to loo out materials from maga%ines, or to eep a diary in order to seed the conversation. And the discussion guide might be include tass for the respondent to undertae, pro-ection techniEues 18if it was a car, what type would it be3, creativity in addition to simple Euestions lie 8why do you say that8. A ey part of the moderatorHs -ob is to ensure that everyone participates and has a chance to spea $ visual clues such as body language, demeanor, and tone can be as important as the actual words said which means that viewing a group can be extremely valuable in understanding what was going on. Depth interviews 1or in$depth interviews $ IDIs3 are the second ma-or tool for Eualitative research. 'hese involve a one$on$one depth interview which lie the focus group is guided by the researcher using a discussion guide 1rather than a Euestionnaire3 allowing discussion to be more open. In$depth interviews are the staple diet of the business$to$business Eualitative research, pharmaceutical research and are common in consumer marets where an individual!s detailed views are needed $ for instance on a sensitive sub-ect lie finance or health. A typical depth taes place face$to$face and typically lasts about an hour in length. Aowever, shorter versions can be carried out over the phone, or phone and web combination, particularly for international research. 'he depth interview is in the form of a 8directed conversation8, which unlie the formal structured Euestionnaire of a Euantitative survey, is designed to be open$ ended, exploratory and to allow the interviewer to probe ey areas of interest. Aowever, it may also include standardi%ed Euestions and Euestionnaire$lie elements. Nie the focus group the Euality of the interviewers listening and probing that will determine the Euality of information obtained. In business$to$business marets, where issues may be technical in nature or focused on specific business issues 1eg finance, channel issues, profitability or value in use3, a specialist :*: researcher will have a deeper understanding of the issues and be better able to identify ey business relationship issues. Fn the phone, increasingly depths can be combined with stimulus sent simultaneously over the internet, meaning that telephone depths can start to have the same impact as face$to$face studies. C$se St)#3 Ne/ C)sto*er I(6or*$t"o( Nee#s A customer, new to the ban, wals in through the door and loos around for the most liely place to open a new account. 'here are two customer service representatives 1" in the room, and neither of them has a customer at the des. 'he one nearest to the door is on phone, and the one behind him has her head down, apparently buried in her wor. @o one loos up in the direction of the customer. 'he customer, ,rs. :en-amin, moves within view of the customer service representative at the first des. Ae continues taling, obviously completing a personal phone call, without looing up. After several seconds, he says, 8l!ve got to go. I!ve got a customer.8 Ae hangs up and loos up, saying, 8,ay I help you?P ,rs. :en-amin taes a seat on her own initiative and tells him that she wants to open a current account. 'he "&# reaches for the signature card and service brochure and starts Euoting the monthly balance reEuirement to avoid a service charge on a regular current account.
,rs. :en-amin changes direction entirely and indicates her particular interest in 8something that offers an overdraft line of credit ... does the ban offers anything...?.P"lipping her last Euestion, the "&# refers automatically to the cash reserve account and says that it!s something customers have to Eualify for. Ae informs ,rs. :en-amin that she!ll have to fill out a credit application and the ban will probably start her off with a #s. *C,LLL line and see how she manages it. 'hen, after a while she can reEuest an increase if she wants. Ae ass the necessary Euestions and completes the paperwor to open the current account and hands her the cash reserve application, telling her that she can mail it bac or drop it off next time she!s in the ban. Ae ass her if she wants an A', card. &he says no, and that!s the end of that discussion. &he selects her chec style, gives him her opening deposit, and finishes the transaction. As ,rs. :en-amin leaves the ban, she wonders if everyone who wors for the ban is as poor in human relations sills as this "&#. &he also wonders if she made a mistae by not -ust waling out after being told, in essence, that she might not be a good enough customer to Eualify for more than #s. *C,LLL of the ban!s credit. +ell, anyway, she!s stuc with them now $ for a while at least. &he!ll wait and see how it goes over the next few months, and she thins to herself, 8If I!m still not comfortable with the ban, I!ll shop around and move my account to a ban where the people treat you as if you really matter to them.8 7)est"o(s5 1a3 'he case presents a pre$purchase information search situation. Aow well has the ban fulfilled the informational needs of the customer? Ands a. In the above case ban fulfill the informational needs at the below satisfactory level not much more then that. :an -ust gives the facility whatever ,rs. :en-amin ass, they do not offer from their side. "&# at the ban did not interact in the proper way with the lady and not provide full information. In other words ban is failed to satisfy a customer. 1b3 Aow is the above interaction liely to affect the customer!s perception of the ban? Ans b. Above interaction leaves a very bad impact on the customer. "ustomer is not at All satisfied and she is not going to appreciate it in front of others. After the interaction customer is thining to change her account from this ban and this is a very bad thing for a ban. 1c3 +hat is the mareting implication of the above interaction? Ans ". Above interaction will lead to a bad mareting implication. "ustomer in the above interaction is not at all satisfied and she is going to spread negative mareting in her circle. 1d3 Aow would you advise the ban in terms of fulfilling the informational needs of customers? Ans d. I would lie to advise the ban that they should trained their "&# well so that they can interact with the new customer in the pleasant way and can provide full information so that a customer can happily leave from the ban. 'hey should have proper broachers with full information to satisfy a customerHs Euestion. It will not only enhance their image but will lead to a good result in social mareting. Co(s)*er Be+$,"or Ass"-(*e(t C
T"c. *$r. 89: t+e *ost $44ro4r"$te $(s/er 1. 'he person who determines that some need or want is not being met is$$ a3 Influencer b3 Initiator c3 :uyer d3 /ser *. 'he person who actually maes the purchase is$$ a3 Influencer b3 Initiator c3 :uyer d3 /ser 6. 'he five stages of consumer decision process are$$ a3 .roblem recognition, information search, evaluation behavior, post$purchase behavior and purchase decision. b3 .roblem recognition, purchase decision, evaluation behavior, satisfaction and re$ purchase c3 .roblem recognition, post$purchase behavior, satisfaction, re$purchase and information research d3 @one of the above ?. 'he riss that are always at the bacend of every customer are$$ a3 .erceived riss b3 @ormal riss c3 Abnormal riss d3 @one of the above C. TTTTTTTTTT factor has broadest and deepest influence on consumer behaviour. a3 #eference group b3 &ocial "lass c3 "ulture d3 &ub$culture K. Environmental factors that influence the buyer behaviour in the sub$culture lower, middle and higher is the$$ a3 &ocial group aspect b3 #eligious group aspect c3 Age group aspect d3 @one of the above B. 'he process by which children acEuire the sills, nowledge and attitude necessary to function as consumers is$$ a3 "onsumer sociali%ation b3 "onsumer orientation c3 "onsumer speciali%ation d3 @one of the above R. In the organi%ational buying, the first phase is$$ a3 &earch for and Eualification of potential sources b3 @eed recognition c3 &election of an order routine d3 @one of the above I. &eeing new positive tals about$$ a3 Information about the product purchased b3 Information about the sales c3 Information about the company d3 @one of the above 1L. TTTTTTTTTT provide information to other members. a3 ;ateeepers b3 Influencers c3 Deciders d3 @one of the above 11. TTTTTTTTTTTT control the flow of information about a product or service in a family. a3 ;ateeepers b3 Influencers c3 Deciders d3 @one of the above 1*. TTTTTTT are having power to tae decision. a3 ;ateeepers b3 Influencers c3 Deciders d3 @one of the above 16. TTTTTTTTTTTT who initiate or carry out disposal or discontinuation of a particular product or service. a3 ,aintainers b3 Disposers c3 /sers d3 @one of the above 1?. ,aslowHs theory postulates TTTTTTTT basic levels of human needs. a3 <ive b3 <our c3 'hree d3 'wo 1C. TTTTTTTTTTTGs psychoanalytic theory of personality is the cornerstone of modern psychology. a3 &igmund <reud b3 .hilip Uotler c3 @iel Armstrong d3 @one of the above 1K. In TTTTTTTTTTTT , the childHs primary source of pleasure is the process of elimination a3 Fral stage b3 Anal stage c3 .hallic stage d3 @one of the above 1B. In TTTTTTTTTTTT, the infant first experiences social contact with the outside world through the mouth. a3 Fral stage b3 Anal stage c3 .hallic stage d3 @one of the above 1R. TTTTTTTT is a personality trait that measures the degree of rigidity individual display towards the unfamiliar and information that is contrary to its own established beliefs. a3 "onsumerism b3 Dogmatism c3 Absenteeism d3 @one of the above 1I. TTTTTTTTTT is defined as the process by which an individual selects, organi%es, and interprets stimuli into a meaningful and coherent picture of the world. a3 .erception b3 Attitude c3 Information d3 @one of the above *L. V@D stands$$ a3 Vunior notified doctor b3 Vust @oticeable difference c3 Vust @ot done d3 @one of the above *1. TTTTTTTTT is the stimuli that give direction to the motives. a3 #esponse b3 #einforcement c3 "ues d3 @one of the above **. "hanging the basic motivational function is a$$ a3 &trategy of attitude change b3 &trategy of personality change c3 &trategy of reference group change d3 @one of the above *6. TTTTTTTTT is closely lined to cultural or group values and involves the sanction of what ought to or should be done. a3 #eferent power b3 Negitimate power c3 Expert power d3 @one of the above *?. In TTTTTTTTTTTTT power consumers accept information from members within a group whom they perceive to be experts. a3 #eferent power b3 Negitimate power c3 Expert power d3 @one of the above *C. TTTTTTTTTT includes individuals who have direct influences on the consumer. a3 'he sociali%ation agents b3 'he commerciali%ation agents c3 'he modern agents d3 @one of the above *K. 'he instigator is also nown as$$ a3 'he influencer b3 'he initiator c3 'he buyer d3 @one of the above *B. TTTTTTTTTT is someone whose opinion is valued in the decision$maing process. a3 'he influencer b3 'he initiator c3 'he buyer d3 @one of the above *R. 'his is the person who maes the final purchase$$ a3 'he influencer b3 'he initiator c3 'he buyer d3 @one of the above *I. <ull nest 1 is$$ a3 Moung, married without child b3 Moung, no children c3 Moung, married with child d3 @one of the above 6L. <ull nest * is$$ a3 Moung, married with child b3 Moung, no children c3 Fld, married with children d3 @one of the above 61. <ull nest 6 is$$ a3 Flder, married, with dependent children b3 Flder, married with children c3 Moung, no children d3 @one of the above 6*. Empty nest is$$ a3 Flder, married with dependent children b3 Flder, married without children c3 Flder, married with no children living with them d3 @one of the above 66. &olitary &urvivors are$$ a3 Flder, married with no children living with them b3 Moung, married with child c3 Flder, single, retired people d3 @one of the above 6?. <rom the consumption pattern point of view, in TTTTTTTT stage of the family life cycle, outdoor sporting goods, sports, cars, fashion clothing etc. are consumed. a3 Moung married with children b3 Moung married without children c3 Moung single d3 @one of the above 6C. Achieving professionals are the$$ a3 'he upper$middle class b3 'he lower$upper class c3 'he middle class d3 @one of the above 6K. "ontent analysis, "onsumer <ieldwor etc., is the measurement of$$ a3 "ulture b3 Attitude c3 .ersonality d3 @one of the above 6B. TTTTTTTTTTTTT is the broadest component that has an effect on consumer behaviour. a3 "ulture b3 &ocial class c3 #eference groups d3 @one of the above 6R. 'here are TTTTTTTT types of cultural values. a3 'hree b3 'wo c3 <our d3 <ive 6I. @ationality is a TTTTTTTTTTT aspect. a3 "ultural b3 &ub$cultural c3 .ersonality d3 @one of the above ?L. 'here are TTTTTTTT types of sub$cultures are there. a3 'hree b3 <our c3 <ive d3 @one
Outsmart Your Brain: Identify and Control Unconscious Judgments, Protect Yourself From Exploitation, and Make Better Decisions The Psychology of Bias, Distortion and Irrationality