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Global Marketplace

In the buyer decision process, the stage in which the buyer evaluate alternating brands within same category is?

A. need recognition
B. information search
C. evaluation of alternatives
D. both b and c

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Segmentation on the basis of values and attitudes and behavioral patterns is an example of?

A. geographic location
B. cultural factors
C. economic factors
D. political and legal factors

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The research on consumer buying behavior answers

A. what consumers buy
B. why consumers buy
C. where consumers buy
D. all of above

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The adopter group who tries to come up with innovative ideas at higher risk is called?

A. late majority
B. early majority
C. innovators
D. early adopters

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Targeting affluent customers with luxurious goods is an example of?

A. geographic segmentation
B. income segmentation
C. psychographic segmentation
D. behavioral segmentation

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In information search, the consumers can obtain information from?

A. personal sources
B. commercial sources
C. experiential sources
D. all of above

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The ‘brand personality’ includes?

A. sincerity
B. sophistication
C. competence and excitement
D. all of above

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The customers who are community group leaders and carefully adopt new ideas are called?

A. innovators
B. early majority
C. laggard
D. early adopter

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The market coverage strategy which captures the large share of one or more segments is called?

A. mass marketing
B. segmented marketing
C. niche marketing
D. micromarketing

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The customer adopter groups include?

A. innovator
B. early majority
C. laggard
D. early adopter

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