Which among the following characteristics influence consumer buying behavior strongly? A. Cultural B. Social C. Personal D. Psychological E. Technological Choose the correct answer from the options given below:
A, B, C and D Only
A, B, C and D only — option 1. Technological is the exception: it belongs to the macro-environment, not to the buyer’s own characteristics.
Kotler’s four sets of buyer characteristics. They run from the widest social influence to the most individual :
| Factor | Components | How it works |
|---|---|---|
| A — Cultural | Culture, subculture, social class | The broadest and deepest influence — culture is the fundamental determinant of a person’s wants and behaviour, learned from family and institutions |
| B — Social | Reference groups, family, roles and status | Membership, aspirational and dissociative groups; opinion leaders; the family as the most important buying organisation in society |
| C — Personal | Age and life-cycle stage, occupation, economic circumstances, lifestyle, personality and self-concept | The buyer’s own situation and identity |
| D — Psychological | Motivation, perception, learning, beliefs and attitudes | The internal processes through which the other three are translated into a response |
Why technology is a category error. Technology certainly changes what people buy and how they buy it, but it is a force in the macro-environment — the standard list being demographic, economic, natural, technological, political-legal and cultural forces. Those act on the market as a whole; the four in the answer are characteristics of the buyer. Recognising that E belongs to a different framework eliminates options 2, 3 and 4 at once, without weighing the other four.
The psychological factors are the mechanism and repay attention. Maslow’s hierarchy and Herzberg’s two-factor theory explain motivation; selective attention, selective distortion and selective retention explain why the same advertisement reaches two people differently; learning explains how experience alters future buying; and beliefs and attitudes explain why buyers are hard to shift once a view has formed — which is why marketers usually fit the product to existing attitudes rather than try to change them.
Hence, the answer is A, B, C and D Only.
Marketers have traditionally classified products on the basis of three characteristics : __________ , tangibility and use.
Which one of the following can be legally protected ?
Match the items of List-I with the items of List-II and indicate the code of correct matching:
| List-I | List-II |
|---|---|
| a. Latent demand | i. More consumers would like to buy the product than can be satisfied. |
| b. Full demand | ii. Consumers may be attracted to products that have undesirable social consequences. |
| c. Overfull demand | iii. Consumers may share a strong need that cannot be satisfied by an existing product. |
| d. Unwholesome demand | iv. Consumers are adequately buying all products put into the market place. |
Codes:
_________ marketing describes the employees' skills in serving the clients.
Which of the following concepts holds that consumers prefer the products which are easily available and are inexpensive?
Match the items of List-I with those of List-II and indicate the code of correct matching:
| List-I | List-II |
|---|---|
| a. Core benefit | i. Bed, bathroom, towel, desk and closet |
| b. Basic product | ii. Clean bed sheet |
| c. Expected product | iii. Rest and sleep |
Codes:
The most widely used method of collecting the primary data is:
Pepsico used ________ to enter the Indian market in the early 1980s.
Match the following:
| List - I (Stages of PLC) | List - II (Critical factors) |
|---|---|
| (a) Introduction | (i) Cost efficiency |
| (b) Growth | (ii) Marketing effectiveness |
| (c) Maturity | (iii) Advertising and Distribution |
| (d) Obsolescence | (iv) Product Development and Design |
Match the following:
| List - I (Pattern of PLC) | List - II (Product category) |
|---|---|
| (a) Growth-Slump-Maturity Pattern | (i) Pharmaceutical products |
| (b) Cycle-Recycle Pattern | (ii) Nylon for parachutes, hosiery, carpeting etc. |
| (c) Scalloped Pattern | (iii) Small kitchen appliances |
Arrange the following stages in the marketing process of an enterprise:
A. Marketing Mix
B. Marketing program implementation
C. Marketing planning
D. Market research
E. Control and evaluation of marketing programs
Choose thecorrectanswer from the options given below:
_______ believes that the consumers will favour those products that offer the best quality, performance and features and therefore the organisation should devote its energy to making continuous product improvements.
The ability to change human needs into wants is called
Which of the following is the characteristic of a product?
Which of the following is an example of durable goods?