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12 Cards in this Set

  • Front
  • Back
need activated state
the discrepancy between the actual state of being and the desired state of being.
goal directed behavior
the search for and acquisition of solution that brings the new actual state into line with the desired state.
motivation
a need activated state within a buyer that leads to some specific goal directed behavior in the form of a purchase decision.
derived demand
denotes that the demand in business markets is closely associated with the demand for consumer goods.
acceleration principle
the demand for goods and services in the business market is more volatile than that of the consumer market.
business buyers' buying process
1) recognition of the problem or need
2) determination of the characteristics of the item and the quantity needed
3) description of the characteristics of the item and the quantity needed.
4) search for and qualification of potential sources
5) acquisition and analysis of proposals
6) evaluation of proposals and selection of suppliers
7) selection of an order routine
8) performance feedback and evaluation
needs
the result of a gap between buyers' desired states and their actual states.
situational needs
related to the specific environment, time, and place (emergency car repair)
functional needs
represents the need for a specific core task or function to be performed
social needs
the need for acceptance from and association with others.
psychological needs
the desire for feelings of assurance and risk reduction, as well as positive emotions and feelings such as success, joy, excitement, and stimulation.
knowledge needs
the desire for personal development, information, and knowledge to increase thought and understanding as to how and why things happen.