When a consumer has a strong preference for either the brand or the store but not both he/she will engage in:
a. decelerated problem solving.
b. habitual problem solving.
c. limited problem solving.
d. extended problem solving.
e. tertiary problem solving.
Question 2Dual distribution occurs when a manufacturer sells to independent retailers and also through its own retail outlets.
Indicate whether the statement is true or false
Question 3A retail store's pricing policies should reflect the expectations of its target market.
Indicate whether the statement is true or false
Question 4Garments can be hung on a wall at a higher level than they can be displayed on floor racks thereby enabling retailers to show more merchandise.
Indicate whether the statement is true or false
Question 5Identify the correct statement about habitual problem solving.
a. It typically involves frequently purchased expensive products of low risk.
b. The consumer has a strong preference for the brand to buy and the retailer from which to purchase it.
c. It occurs when the consumer has a strong preference for either the brand or the store, but not both.
d. The consumer may not have a store choice in mind but may have a strong preference for the brand to purchase.
e. It occurs when the consumer relies on past experience and learning to convert the problem into a situation requiring less thought.
Question 6The Sherman Antitrust Act allows manufacturers and retailers to establish territorial responsibilities that exclude all other retailers from handling the products within a given market area.
Indicate whether the statement is true or false