Filters
Question type

Study Flashcards

Bob Burnquist is one of many professional skateboarders in the U.S.who competes and showcases the sport for skateboard enthusiasts.These devoted fans imitate the athletes' moves and jumps to the detriment of their own safety.To skateboard enthusiasts,the Bob Burnquist crowd is part of their:


A) Culture
B) Family
C) Peer group
D) Reference group
E) Subculture

F) A) and E)
G) B) and C)

Correct Answer

verifed

verified

A retail market segment that has _____________ is able to dictate to a retailer what it needs to offer to satisfy the needs of the segment.


A) actionability
B) accessibility
C) durability
D) flexibility
E) identifiability

F) A) and D)
G) C) and D)

Correct Answer

verifed

verified

_________ needs are directly related to accomplishing a specific task.


A) Motivational
B) Utilitarian
C) Physiological
D) Social
E) Psychological

F) B) and D)
G) A) and C)

Correct Answer

verifed

verified

Describe steps of how consumers select merchandise and a retailer.Then describe how retailers attempt to influence each stage of selecting a retailer.

Correct Answer

verifed

verified

Merchandise selection:
need recognition ...

View Answer

Store advocates are customers who like a store so much that they actively share their positive experiences with friends and family.

A) True
B) False

Correct Answer

verifed

verified

Which of the following is NOT true in regards to the amount of information search?


A) The value customers feel they can get from serving versus the cost of searching.
B) Consumers will spend more time searching for information when they have much prior experience with the merchandise category.
C) The value of the search stems from how it improves the customer's purchase decision.
D) The costs of search include both time and money.

E) B) and C)
F) A) and D)

Correct Answer

verifed

verified

Which of the following is NOT an approach that retailers can use to stimulate need recognition?


A) have special,eye catching displays
B) have an attractive window display
C) have salespeople suggest new products
D) use a store layout that makes it easy for customers to find what they want to buy
E) have friendly gift wrap attendants

F) A) and B)
G) B) and E)

Correct Answer

verifed

verified

The Main Game is a retail store,which appeals to people who enjoy role-playing games.The store carries games,books,and a play area where fanatics can meet and play against one another.Since there are no unifying demographics,the store uses ___________ segmentation.


A) product perception
B) demographic
C) lifestyle
D) geographic
E) consumer behavior

F) None of the above
G) A) and E)

Correct Answer

verifed

verified

To effectively sell merchandise,which typically involves impulse purchases,what is the most critical element in the retail mix?


A) Price
B) Merchandise presentation
C) Advertising
D) Customer service
E) Store location

F) A) and B)
G) D) and E)

Correct Answer

verifed

verified

Target stores stock Mossimo,a private label.Mossimo provides relaxed,fashionable,and ready-to-wear clothing which are more economical than comparable clothing in other department stores.Target can use ________________ segmentation to determine its retail market.


A) usage
B) composite
C) demographic
D) geographic
E) benefit

F) A) and B)
G) None of the above

Correct Answer

verifed

verified

The pattern of buying both premium and low-priced merchandise or patronizing both status-oriented retailers and price-oriented retailers is called ____________.


A) cocooning
B) comparison shopping
C) cross-retailing
D) cross utilization
E) cross-shopping

F) D) and E)
G) B) and E)

Correct Answer

verifed

verified

Marilee is a dedicated runner who believes in pampering herself by using the best running equipment available.Every six months,Marilee goes to her local sporting goods store and buys one dozen pairs of white Nike 100 percent short cotton socks.She will not wear any other brand.On her last trip to buy socks,the store was temporarily out of the socks.Rather than buy another brand that was similar,she made a special trip to the store a week later to buy the Nike brand.In terms of Nike socks,Marilee has high:


A) Brand loyalty.
B) Consumer awareness.
C) Brand awareness.
D) Brand recognition.
E) Product attachment.

F) B) and D)
G) B) and C)

Correct Answer

verifed

verified

What are ways retailers can encourage customers to shop at their stores more frequently?

Correct Answer

verifed

verified

Retailers can (1)get into the customer's...

View Answer

While eating may satisfy a functional need,Lucia's Italian Restaurant features gurgling fountains,live music,Baroque paintings and lush gardens to stroll while you wait.Eating at Lucia's can also satisfy which of the following needs?


A) Physiological
B) Rational
C) Hedonic
D) Social
E) Functional

F) C) and D)
G) B) and E)

Correct Answer

verifed

verified

A cruise ship specializing in entertaining families with children would most likely be using _______________ segmentation to attract business.


A) lifestyle
B) geographic
C) benefit
D) psychographic
E) demographic

F) A) and C)
G) A) and D)

Correct Answer

verifed

verified

What kind of need may be satisfied by shopping and purchasing designer label merchandise?


A) Physiological
B) Hedonic
C) Functional
D) Social
E) Rational

F) B) and E)
G) D) and E)

Correct Answer

verifed

verified

__________ segmentation is the primary means for segmenting the aging baby boomer retail market.


A) Lifestyle
B) Benefit
C) Geographic
D) Psychographic
E) Demographic

F) A) and B)
G) A) and E)

Correct Answer

verifed

verified

Which of the following is an example of a subculture?


A) Southern Baptists
B) Australians
C) Europeans
D) South Americans
E) Americans

F) None of the above
G) All of the above

Correct Answer

verifed

verified

Which of the following describes hedonic needs that can be satisfied by shopping?


A) Warmth
B) Hunger
C) Stimulation
D) Cleanliness

E) All of the above
F) A) and B)

Correct Answer

verifed

verified

What is valued more in collectivist cultures?


A) Social relationships
B) Gathering material goods
C) Education
D) Work
E) Health

F) B) and C)
G) C) and E)

Correct Answer

verifed

verified

Showing 21 - 40 of 126

Related Exams

Show Answer