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Chapter 4 Consumer Behavior Test review

AB
business ethicsRules of conduct that guide actions in the marketplace
universalHonesty, trustworthiness, fairness, and justice are all THESE values with which people in a culture judge what is right and what is wrong
materialismThe importance people attach to worldly possessions
voice responserespond directly to the retailer for complaint about a product
private responseWhen consumers are unhappy with a product, they may boycott the product and/or store and express dissatisfaction to friends
third-party responseWhen consumers are unhappy with a product, they may file a complaint in the form of legal action, Better Business Bureau complaint
corrective advertisingWhen a company must inform consumers that its previous advertising messages were wrong or misleading
Consumers Rightsthe right to safety, right to be informed, right to choice are all a part of President John F. Kennedy's Declaration of THESE from 1962
social marketingmarketing techniques that are used to encourage positive behaviors or discourage negative behaviors
identity theftsomeone steals your personal information and uses it without your permission
20%According to the Federal Trade Commission, the most common consumer complaint, idntity theft accoounts for this number
phishingwhen someone asks you in an email to transfer funds to a bank on the other side of the world for instance is this type of scam
food desertAn area in which 500 people live more than a mile from a grocery store in an urban area or more than 10 miles from a grocery store in a rural area
media literacyability for a consumer to assess, analyze, evaluate, and communicate information in a variety of forms including print and non-print messages
financial, social and environmentalthese 3 are relevant to a triple bottom-line orientation
conscientious consumerismThe mindfulness with which consumers may shop and make decisions in order to make the right decisions — for themselves and for the environmen
green marketinga line of cleaning products which is made from environmentally-friendly ingredients
greenwashingWhen companies make false claims about how environmentally friendly their products
lateral cyclingone consumer exchanges something she owns with someone else for something the other person owns
Consumer addictiona physiological or psychological dependency on products or services


Marketing Education/DECA
Terre Haute South High School
IN

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