Preview

Mkt Final Study Guide

Good Essays
Open Document
Open Document
3899 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mkt Final Study Guide
Consumer Behavior Exam Review – Chapters 7,8,9,10,14,15,16

Abc theory

□ Affect:

← The way a consumer feels about an attitude object

□ Behavior:

← Involves the person’s intentions to do something with regard to an attitude object

□ Cognition:

← The beliefs a consumer has about an attitude object

□ Hierarchy of Effects:

← A fixed sequence of steps that occur en route to an attitude

Theory of reasoned action

□ Intentions Versus Behavior

□ Social Pressure:

← Subjective Norm (SN)

■ Normative Belief (NB): Belief that others believe an action should or should not be taken

■ Motivation to Comply (MC): Degree to which consumers take into account anticipated reactions

□ Attitude Toward Buying:

← Attitude toward the act of buying (Aact):

How someone feels about buying due to the perceived consequences of a purchase

Theory of trying

□ The theory of trying states that the criterion of behavior is the reasoned action model that should be replaced with trying to reach a goal. It recognizes barriers that might arise. The theory introduces several new components:

□ 1) Past frequency.

□ 2) Recency.

□ 3) Beliefs.

□ 4) Evaluations of consequences.

□ 5) The process.

□ 6) Expectations of success and failure.

□ 7) Subjective norms toward trying.

1. Balance Theory- Considers how a person perceives relations among different attitude objects and how he alters his attitudes so that these remain consistent or balanced.This perspective involves relations (from the perceivers subjective point of view) among 3 elements, called triads. Each triad contains: 1- a person and his perceptions. 2- an attitude object 3- some other person or object. The theory specifies that we want relations among elements in the triad to be

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Normative social influence occurs when a person desires to be liked and accepted by a group. They will publicly conform and change their behaviour but they will still privately reject their views. This change in behaviour is often temporary as this type of social influence leads to compliance.…

    • 348 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    This theory was first created by Ajzen and Fishbein in 1980. This theory provides a framework to study the attitudes that support behaviours and suggests that the most important determinate of an individual’s behaviour is their behavioural intent. This is the individual’s intention to preform a certain behaviour, which is formed from a combination of their attitude towards the behaviour and the subject norm. (The subject norm is the individual’s perception of what others expect them to do).…

    • 1100 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Mkc1 Study Guide

    • 8079 Words
    • 33 Pages

    When a group of retailers and wholesalers of a particular product decided to all raise prices together and they are accused of overpricing customers. Which federal law allowed the United States to investigate this anti- competitive method ?…

    • 8079 Words
    • 33 Pages
    Good Essays
  • Powerful Essays

    MKC1 study guide

    • 2410 Words
    • 11 Pages

    3. A group of producers of a particular product decided to all raise prices together and they were…

    • 2410 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Your knowledge of marketing now includes market research, the marketing mix, and the marketing strategy including product and price. Additionally, you must understand the many strategic decisions related to placing and promoting a product or service in the market.…

    • 817 Words
    • 4 Pages
    Satisfactory Essays
  • Better Essays

    MNT 1 Study Guide

    • 2089 Words
    • 11 Pages

    Nutrition Assessment ● Which of the following diets have the potential to meet all the pt. nutrient needs? → soft + full ● Mid-arm muscle circumference provides information about → somatic protein status ● Purpose of nutritional screening → ID pts. at nutritional risk.…

    • 2089 Words
    • 11 Pages
    Better Essays
  • Good Essays

    Intangibles such as increased openness on the part of respondents when they do not have a moderator…

    • 1841 Words
    • 8 Pages
    Good Essays
  • Good Essays

    MKT 452 book report

    • 1087 Words
    • 3 Pages

    The managerial Odyssey is a book written by Robert L. Focazio, talks about several aspects a salesperson needs to pay attention on, such as motivation, self-control, guidelines of making sales, and notes to be a successful manager.…

    • 1087 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Ensure that you repeat the case question in full and verbatim on the title page of your submission.…

    • 391 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Psy/405 Matrix

    • 2149 Words
    • 9 Pages

    | * This theory establishes reliability through the ABC’s of behavioral theory which includes; Antecedent, behavior and consequence. * This is deemed as a framework that helps to explain and identify the origin of behavior.…

    • 2149 Words
    • 9 Pages
    Better Essays
  • Good Essays

    Mkt Research

    • 2344 Words
    • 10 Pages

    1.1 In conducting research on behalf of your organization or for a client organization, what factors could influence the choice of sources used?…

    • 2344 Words
    • 10 Pages
    Good Essays
  • Good Essays

    mkt management

    • 2885 Words
    • 12 Pages

    The case study of Arizona soccer camp is focusing on the impact , effects and popularity of the game soccer in the country of United States of America , this study is important for Alan Meeder and Ron Walters two entrepreneurs determined to open a soccer camp for children as a business set up in the area of Phoenix at the Maricopa County, Arizona in the year 1979.Soccer as a sport in the united states underwent various cycles in the past, starting from the late 1800s and early part of 1900s and 2000s a decline in the popularity for the sport was seen ,and the sport gained popularity in the 1960's and in the recent years. This increasing development of soccer created business opportunity for the investor by way of teaching soccer skills to successful players on amateur and professional levels and to provide a beneficial social experience for children between the ages of eight and sixteen (inclusive) living in Maricopa County, Arizona. The case study reflects the sport of soccer was not popular in the American culture and the people of America were not very supportive of the game soccer. In order to initiate a business set up ,the two entrepreneurs in their analysis considered the factors essential in the external and the internal environment and did the SWOT analysis with each of the factors affecting the internal and external environment. The Leisure industry , Market , Customer and the competition were taken…

    • 2885 Words
    • 12 Pages
    Good Essays
  • Good Essays

    Leadership Models: From Weber to Burns to Bass Presentation Introduction Max Weber Model of Transactional and Transformational Leaders James MacGregor Burns Model of Transactional and Transformational Leaders Bernard M. Bass Model of Transactional and Transformational Leaders Bennis & Nanus Transformational Leaders Schein Culture Change as Transformation Introduction Introduction: From Weber to Burns to Bass Traits Behaviour Charisma Situation Transformational Leadership Max Weber 's Model of Transactional and Transformational Leaders Max Weber Asks how a leader can "legitimately" give a command and have actions carried out? Classified claims to the "legitimacy" in the exercise of authority Identified three kinds of leader/follower relations – traditional, bureaucratic and charismatic Believe they occur in combination, and Also argues that "there may be gradual transitions between these types" Max Weber 's three ideal types of leaders 1. Bureaucratic (Transactional)…

    • 2149 Words
    • 20 Pages
    Good Essays
  • Powerful Essays

    This report is inspired by the work of Richard Thaler and Cass Sunstein. We thank…

    • 4364 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    MKT Quiz 7

    • 794 Words
    • 8 Pages

    Although the price of a chemical added to paint to protect surfaces from mold and mildew has almost doubled, the price of paint has risen an average of only 5 percent, and the demand for both paint and the chemical that eliminates mold and mildew has remained stable. The demand for this chemical is:…

    • 794 Words
    • 8 Pages
    Good Essays