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65 Cards in this Set

  • Front
  • Back

social class hierarchy

the grouping of members of society according to status from high to low over

overpriveldged

families with an income higher then average in thier social class

class average

families with an avg income in a class

underprivileged

families below the avg income in thier class

trickle down effect

trends that start in upper class and are then copied by lower class

status float

trends that start in the lower and middle and move up

inherited status

status that derives from parents at birth

earned status

status aquired later in life through achivments

upward mobility

raising ones status level

downward mobility

losing ones social standing

status panic

the inabaility of children to reach thier parents level of social status

social class fragmentation

the dissappearance of class distictions

conspicous consumption

the aquisition and display of goods and services to show status

conspicious waste

visibly buying products and servicews that one never uses

status symbols

products or services that tell others about someones social class standing

parody display

status symbols that start in the lower social classes and move up

fraudulent symbols

symbols that become so widely adopted that they loose their status

compensatory consumption

the consumer behavior of buying products or services to offset frustrations or difficulties in life

upper class

the aristocracy new social elite and upper middle class

middle class

primarly white collar workers

working class

primarly bluw color workers

nuclear family

father mother children

family life cycle

different stages of family life depending on the age of parents

instrumental roles

roles that relate to tasks affecting the buying decision

expressive roles

roles that involve an indication of family norms

autonomic decision

decisions equally likly to be made by man and woman

syncratic decsioson

decision made jointly husband and wife

concession

giving in on some points to get what one wants in other areas

value system

total set of values and thier relative importance

global values

a persons most enduring strongly held and abstract values that hold in many situations

terminal values

highly desired end statesuch as social recognition

instrumental values

the values needed to achive the desired end state

domain specific values

values that may only apply to a particular area of activities

materialism

placing importance on money and matarial goods

terror mgmt theory

theory that explains how individuals try to deal with anxiety over death

hedonism

the rpinciple of pleasure seeking

value sgmentation

the grouping of consumers by common values

means end chain analysis

a technique that helps us understand how values link to attributes in products and services

Rokeach value survey

a survey that measures instrumental and terminal values

List if values

a survey that measures nine principal values in consumer behavior

personality

an internal charachteristic that determins how ppl behave in situations

locus of control

how ppl interpt why things happen

optimum stimulation level

peoples prefared level of stimulation which is usually moderate

dogmatisim

tendancy to be resisitent to change

need for cognition

trait theat describes how much ppl like to think

national charachter

the personality of a country

Activities intrests Opnions (AIOS)

3 components of lifestyle

values and life style survey

a psychographic tool that measures demographic value attitude and lifestyle

opnion leader

a ppl who acts as an info broker btween the mass media

gate keeer

sources that control the flow of info

market maven

a consumer on whom others rely for info about market in general

aspirational refernce group

a group that we admire adn desire to be like

associative reference group

a group we belong to

dissociative refernce

a group we do not want to emulate

primary refernce group

group we have physical face to face with

secondary reference group

group we dont have direct contact with

homophily

the overal similarity among members in the social system

tie strenthg

the extent to which a close intimate realasionship connect with ppl

embedded markets

markets in which the social relationship among buys and sellers change the way the market operates

consumer socialization

the process by which we learn to become consumers

norms

collective desicions about what constitutes appropriate behavior

brand choice congurence

purchase of the same brand as members of the group

reactance

doing opposite of what group wants

coercive power

the extent to which the group has the abailit to deliver rewards and sactions