{"id":174683,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/umuc-mrkt310-week-3-quiz-2015-latest"},"modified":"2018-10-24T09:29:16","modified_gmt":"2018-10-24T09:29:16","slug":"umuc-mrkt310-week-3-quiz-2015-latest","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/umuc-mrkt310-week-3-quiz-2015-latest\/","title":{"rendered":"UMUC MRKT310 Week 3 Quiz 2015 (Latest)"},"content":{"rendered":"<p>Question<\/p>\n<p>Question 1<\/p>\n<p>Why is it important for marketers to understand consumer behavior theories?<\/p>\n<p>1) Because in addition to marketing stimuli, the consumer has other stimuli they bring to their decision-making processes<\/p>\n<p>2) Because marketers need to develop strategies for each of the consumer behavior factors<\/p>\n<p>3) Because they may be able to manipulate consumers into purchasing their products<\/p>\n<p>4) Because consumers are all different and need different products and services<\/p>\n<p>View Feedback<\/p>\n<p>Question 2<\/p>\n<p>Which of the following stimuli can a marketer control?<\/p>\n<p>1) The price of an offering.<\/p>\n<p>2) A consumer&#8217;s relationship with a brand<\/p>\n<p>3) When a consumer purchases a product or service offering<\/p>\n<p>4) The consumer&#8217;s social class<\/p>\n<p>View Feedback<\/p>\n<p>Question 3<\/p>\n<p>How can a marketer influence the decision of a consumer who identifies with the upper social class?<\/p>\n<p>1) By only selling through the internet<\/p>\n<p>2) By ensuring a reasonable price for the product<\/p>\n<p>3) By appealing to their need for exclusivity by limiting distribution to only one exclusive retailer<\/p>\n<p>4) By widely advertising in major urban newspapers<\/p>\n<p>View Feedback<\/p>\n<p>Question 4<\/p>\n<p>The consumer purchase process begins when:<\/p>\n<p>1) the manufacturer promotes the availability of the product.<\/p>\n<p>2) the consumer surfs the internet looking for information on a particular product or service.<\/p>\n<p>3) a consumer sees an ad for something he wants on TV.<\/p>\n<p>4) the consumer identifies a need he wants to fill and has the resources to do so.<\/p>\n<p>View Feedback<\/p>\n<p>Question 5<\/p>\n<p>Consumers ask their friends for product recommendations during which stage of the Consumer Purchasing Process?<\/p>\n<p>1) Product choice and purchase<\/p>\n<p>2) Search for information<\/p>\n<p>3) Product evaluation<\/p>\n<p>4) Need recognition<\/p>\n<p>View Feedback<\/p>\n<p>Question 6<\/p>\n<p>What happens if a consumer purchases a product that does not live up to his expectations following an extensive consumer decision making process?<\/p>\n<p>1) The customer returns the product and hopefully gets a refund.<\/p>\n<p>2) The customer tells all his friends about his bad experience in hopes of influencing them to not purchase the product.<\/p>\n<p>3) The consumer experiences cognitive dissonance.<\/p>\n<p>4) The customer begins the decision-making process over again and hopefully has a better result.<\/p>\n<p>View Feedback<\/p>\n<p>Question 7<\/p>\n<p>At which stage of the consumer decision-making process does the consumer actually own the product or service offering?<\/p>\n<p>1) Search for information<\/p>\n<p>2) Disposal of the product<\/p>\n<p>3) Product evaluation<\/p>\n<p>4) Product choice and purchase<\/p>\n<p>View Feedback<\/p>\n<p>Question 8<\/p>\n<p>At what stage of the consumer decision process can a marketer influence the customer by having a highly recognizable brand name?<\/p>\n<p>1) Product evaluation<\/p>\n<p>2) Product choice and purchase<\/p>\n<p>3) Search for information<\/p>\n<p>4) Need recognition<\/p>\n<p>View Feedback<\/p>\n<p>Question 9<\/p>\n<p>At what stage of the consumer decision process can a marketer focus on creating primary demand for a new product?<\/p>\n<p>1) Need recognition<\/p>\n<p>2) Product evaluation<\/p>\n<p>3) Product use and evaluation<\/p>\n<p>4) Search for information<\/p>\n<p>View Feedback<\/p>\n<p>Question 10<\/p>\n<p>A buying decision in which the consumer is highly involved means:<\/p>\n<p>1) the consumer will make a list of pros and cons for each of the products under consideration.<\/p>\n<p>2) the consumer views the purchase as risky because of the price or because the purchase will reflect some aspect of her personality that is important to her.<\/p>\n<p>3) the consumer doesn&#8217;t trust advertising and insists on taking the time to do all the research himself.<\/p>\n<p>4) the consumer likes to save money and shops for deals on every purchase.<\/p>\n<p>View Feedback<\/p>\n<p>Question 11<\/p>\n<p>Why should marketing be concerned with disposal of a product as the last stage in the consumer decision process?<\/p>\n<p>1) Beause they might be able to charge for disposal of their product<\/p>\n<p>2) Because consumers are more concerned with environmental issues, and consumer concerns should be the company&#8217;s concerns<\/p>\n<p>3) Because they can use the old product to make new ones and increase profit margins<\/p>\n<p>4) Because government regulations require them to be concerned with disposal.<\/p>\n<p>View Feedback<\/p>\n<p>Question 12<\/p>\n<p>When making a routine purchase, does the consumer go through all the stages in the consumer decision process?<\/p>\n<p>1) Yes. The consumer still goes through all the steps in the consumer decision process, but may take significantly less time at each of the stages.<\/p>\n<p>2) No The consumer does not have to pass through any of the stages in the consumer decision process.<\/p>\n<p>3) Yes. It doesn&#8217;t matter the frequency or size of the purchase the consumer goes through all the steps for each and every purchase.<\/p>\n<p>4) No. If the consumer already knows what she wants because of prior experience and satisfaction with the product, she will go directly to the product choice and purchase stage.<\/p>\n<p>View Feedback<\/p>\n<p>Question 13<\/p>\n<p>Why do marketers need to be concerned with situational factors affecting consumer behaviors?<\/p>\n<p>1) Because situational factors greatly affect a consumer&#8217;s ability to buy a product or not buy a product<\/p>\n<p>2) Because a situation may arise at the company that is not favorable to the consumer<\/p>\n<p>3) Because situational factors identify whether or not the consumer has the means to buy the product<\/p>\n<p>4) Because whether the product is purchased or not depends on the situation<\/p>\n<p>View Feedback<\/p>\n<p>Question 14<\/p>\n<p>If you were going to look for a retirement savings product, one of the personal factors that is affecting your decision is:<\/p>\n<p>1) Lifestyle<\/p>\n<p>2) Age<\/p>\n<p>3) Self-concept<\/p>\n<p>4) Gender<\/p>\n<p>View Feedback<\/p>\n<p>Question 15<\/p>\n<p>If you were considering purchasing a season ticket to the symphony orchestra, which level of Maslow&#8217;s Hierarchy of Needs are you trying to fulfill?<\/p>\n<p>1) Safety needs<\/p>\n<p>2) Social needs<\/p>\n<p>3) Esteem needs<\/p>\n<p>4) Psychological needs<\/p>\n<p>View Feedback<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question Question 1 Why is it important for marketers to understand consumer behavior theories? 1) Because in addition to marketing stimuli, the consumer has other stimuli they bring to their decision-making processes 2) Because marketers need to develop strategies for <a href=\"https:\/\/www.benedictsol.com\/blogs\/umuc-mrkt310-week-3-quiz-2015-latest\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-174683","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/174683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=174683"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/174683\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=174683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=174683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=174683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}