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DM 272
dm 272
81
Other
Undergraduate 2
12/15/2010

Additional Other Flashcards

 


 

Cards

Term
Beliefs
Definition
subjective judgement about the relationship between two or more things
Term
feelings
Definition
an affective state or reaction
Term
attitudes
Definition
an individuals like or dislike of an object issue or behavior
Term
intentions
Definition
subjective judgement by people about how they will behave in the future
Term
consumer confidence index (cci)
Definition

degree of optimism on economy and what consumers will think will happen in the future

 

appraisal of current business conditions

appraisal of current employment conditions

expectation regarding total family income 6 months hence

Term
types of consumer attitudes(valance)
Definition
whether the attitude is positive, negative, or neutral
Term
types of consumer attitudes (extremity or intensity)
Definition
the intensity of liking or disliking 
Term
types of consumer attitudes (resistance)
Definition
degree to which the attitude is immune to change and stronger attitudes are less likely to change
Term
types of consumer attitudes (confidence)
Definition
consumer belief about whether his or her attitude is correct, it may depend on direct experience and greater confidence equals more resistance to change
Term
types of consumer attitudes (accessibility)
Definition
how easily the attitude can be retrieved from memory the more accessible the attitudes the more predictive it is of subsequent behavior
Term
self-perception theory
Definition
a person determines his/her attitude by observing his or her own behavior
Term
consistency principle
Definition
harmony among thoughts, feelings, and behavior
Term
the balance theory
Definition

how consumers evaluate elements that belong together 

(triad theory)

Term
triad theory
Definition

relationship among 3 elements 

 

Term
abstract elements
Definition

1.) symbols may evolve to represent a culture

2.) rituals are a set of multiple symbolic behaviors that occur in a fixed sequence

Term

material elements/ physical elements

(cultural artifacts) 

Definition

products provide symbolic meaning

product may be used in ritual

material components may become icons

Term
acculturation
Definition
the degree to which a consumer has learned the ways of a different culture compared to how they were raised
Term
felt ethnicity
Definition
an individuals perception of him/her self as a member of an ethnic group 
Term
situational ethnicity
Definition
expressions of ethnicity may vary with social context
Term
four acculturation outcomes
Definition

assimilation

maintenance

resistance

segregation

Term
assimilation
Definition
adoption of products, values, habits in a culture
Term
maintenance
Definition
keep contact with country of origin
Term
resistance
Definition
reluctant to adopt a new culture
Term
segregation
Definition
physically separated from the new culture
Term
class conciousness
Definition
the degree to which people in a social class are aware of themselves as a distinctive group
Term
conspicuous consumption
Definition
peoples desire to provide prominent visible evidence of the ability to afford luxury items
Term
the four forms of conspicuous consumption
Definition
the trophy wife, the potlatch, the leisure class, the parody display
Term
the trophy wife
Definition
shown with expensive clothes and a life of leisure
Term
the potlatch
Definition
the more the host gives a way the better one looks to the others
Term
the leisure class
Definition
high status group, production work is taboo
Term
the parody display
Definition

goes against status symbols

(ex: torn jeans)

Term
families
Definition
a group of two or more people related by blood, marriage, or adoption who reside together
Term
household
Definition
all persons both related or unrelated occupying a housing unit
Term
11 stages of FLC
Definition

young singles

newly married couples

full nest 1,2,3

married no kids

older singles

empty nesters 1,2

solitary survivor

retired solitary survivors

Term
newly married couples
Definition

better financial situation,

an active social life,

the highest purchase rate

Term
empty nest
Definition

most satisfied with their finances

they spend more on what the couples want and less on what the kids need

Term
solitary survivor
Definition

either employed or not employed they spend most of their money on health care, entertainment, and travel

 

 

Term
opinion leadership
Definition

the sender of information

a person who influences the decision of other

Term
characteristics of opinion leaders
Definition
personality traits: outgoing, greater self confidence, eager to share information
Term
factors influencing the need for advice from opinion leaders
Definition
limited knowledge of products/ brands, lack of ability to evaluate a product/service, lack of trust in advertising or other sources of advertising, high need for social approval, highly visible products to others, strong social ties between sender and receiver
Term
types of consumer beliefs
Definition
expectations, beliefs about brand distinctiveness, inferential beliefs, and consumer confusion
Term
expectations
Definition
beliefs about the future 
Term
beliefs about "brand distinctiveness"
Definition
a key property about brand image and consumers beliefs about how unique a brand is to its competitors
Term
inferential beliefs
Definition
consumers use info about one thing to form beliefs about something else and occurs when product info is incomplete
Term
Unique sell proposition (usp)
Definition
the desirability of products and something unique to offer to customers
Term
consumer confusion
Definition
sometimes consumers may not know what to believe: conflicting info or knowledge, inefficient information, mistaking one companies product for another companies product, similar brand name or packaging, changes in a products position and image
Term
when do consumers activate their inferential beliefs
Definition
occurs when product information is incomplete, or when consumers interpret certain product attributes as signals of product quality
Term
how would consumers respond when facing confusion
Definition
undertaking further information search basing decisions on things that are perfectly clear or differing the product purchase indefinitely
Term
the 3 major occations of consumer feelings
Definition
feelings as a part of TV commercial, shopping, and consumption experience
Term
Four attitude functions
Definition

utilitarian function

value expressive function

ego-defensive

knowledge function

Term
utilitarian function
Definition
is associated with the principles of reward and punishment
Term
value expressive function
Definition
expresses the consumers central values and identity, relevant to the consumers lifestyles
Term
ego-defensive function
Definition
protects a person from external threats or internal feelings
Term
knowledge function
Definition
related to the basic need for order, structure, and meaning in life
Term
changing beliefs
Definition
may result in more favorable attitudes, and influence in what consumers buy
Term
types of intentions
Definition
spending intention, purchase intention, repurchase intention, shopping intention, search intention, consumption intention
Term
culture
Definition
set of values, ideas, artifacts and other meaningful symbols that help individuals communicate, interpret and evaluate as members of society
Term
cultural values
Definition
values shared broadly across groups of people
Term
personal values
Definition
terminal or instrumental beliefs of individuals
Term
norms
Definition
rules of behavior or a consciousness of a group about how individuals should behave
Term
characteristics that may be influenced  by culture
Definition
communication and language, dress and appearance, values and norms, sense of self and space, work habits and practices, relationships, food and feeding habits, holidays
Term
collectivism vs individualism
Definition
the interests of a social group should take precedence over those of individuals, close social connections, the concept of fate
Term
3 stages of acculturation processes
Definition
movement, translation, adaption
Term
movement
Definition
physically move from one location to another
Term
translation
Definition
new roles for operating in a new environment 
Term
adaptaion
Definition
new consumption patterns are formed
Term
level of accultration
Definition
family, friends, media, education, commercial, entities (retail stores) culture of origin (home country), culture of immigration (host country)
Term
social class
Definition
relatively permanent and homogenous divisions in a society
Term
variables that define social cases
Definition

concrete variables

perceived variables

Term
concerete variables
Definition
occupation, income, education, friendships and possessions 
Term
perceived variables
Definition
power and prestige 
Term
determinant variables for social class
Definition
occupation, personal performance, interactions, possessions, value orientations (internal vs. external), class consciousness
Term
social class determines what is purchased
Definition
through attributes or criteria we have
Term
status symbols
Definition

serve the function of displaying ones affordability

"badges of achievement"

Term
5 individual roles in family purchases
Definition
initiator/gatekeeper, influencer, decider, buyer, user
Term
initiator/gatekeeper
Definition
first individual thinking about buying products and gathering information to aid decisions
Term
influencer
Definition

individual whose opinions are sought concerning criteria and products/brands

 

Term
decider
Definition
individual with the financial authority or power to choose how the family's money will be spent
Term
buyer
Definition
individual who acts as the purchasing agent
Term
user
Definition
person of persons who use the product
Term
family life cycle (FLC)
Definition
the process of family's passing through a series of stages that change them overtime
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