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Budweiser is a popular brand of beer. Part of this company's market research of U.S. consumers looked at education levels of beer consumers. What education level is the likely consumer of beer (that with highest propensity to buy and consumer beer) to have attained?


A) did not graduate high school
B) graduated high school
C) attended college
D) graduated college
E) none of the above

F) All of the above
G) A) and B)

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The Hollingshead Index of Social Position (ISP) is based on four socioeconomic factors: occupation, source of income, house type, and dwelling area.

A) True
B) False

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Which of the following is a segment of mature consumers?


A) Healthy Indulgers
B) Ailing Outgoers
C) Healthy Hermits
D) Frail Recluses
E) all of the above

F) B) and C)
G) B) and D)

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The newest generation born after 1994 is known as the Millennials.

A) True
B) False

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Sam is a healthy 75-year-old man. He is a retired attorney; has a substantial retirement income; and is a member of several social groups that travel, help others, and encourage life-long learning. Which of the following is most likely true about Sam?


A) Sam's cognitive age is less than 75.
B) Sam's cognitive age is 75.
C) Sam's cognitive age is greater than 75.
D) Sam's cognitive age is 50.
E) Sam's cognitive age is 85.

F) A) and B)
G) A) and C)

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Age, gender, education, occupation, and income are examples of _____ variables.


A) demographic
B) holographic
C) geographic
D) psychographic
E) censographics

F) A) and D)
G) A) and C)

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Name and briefly describe the six generations discussed in this chapter.

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Pre-Depression Generation-composed of th...

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Amie was born in 1991. Her mother is a college professor, and her father is an attorney. She's not sure what she wants to do when she grows up, but she knows she will go to college and embark on a career of her own. She was amazed when her grandmother told her that women really couldn't do that when she was young. If a woman did work, choices were usually limited to becoming a teacher, a secretary, or a nurse. Her grandmother told her that she was a secretary, but after she started having children, she left the workforce and stayed home to raise her children, which was common for most women at that time. That concept was totally foreign to Amie. To which generation does she belong?


A) baby boom
B) Generation X
C) Generation Y
D) Generation Z
E) Millennial generation

F) None of the above
G) A) and D)

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Which of the following statements regarding age is TRUE?


A) Proper age positioning is critical for many products.
B) Age affects a consumer's self-concept and lifestyle.
C) Our age shapes the media we use.
D) Analyzing age cohort groups or generations often provides more meaningful segments and marketing strategies than merely looking at census age groups.
E) All of the above are true.

F) B) and C)
G) A) and E)

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Which of the following is NOT a reason the population of the United States has grown steadily since 1960?


A) longer life expectancies
B) increasing birth rate for most of the period between 1960 and today
C) immigration
D) baby boomers moving through child-bearing years
E) All of the above are reasons the population of the United States has grown.

F) A) and E)
G) A) and D)

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The children of the original baby boomers are known as _____.


A) the baby bust generation
B) Generation X
C) Generation Y
D) Generation Z
E) the Millennial generation

F) A) and D)
G) A) and C)

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C

Maria is analyzing the baby boom generation by describing and explaining its attitudes, values, and behaviors as well as predicting its future attitudes, values, and behaviors. Maria is conducting a _____ analysis.


A) cohort
B) generational
C) demographic
D) census
E) cognitive

F) C) and D)
G) B) and D)

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The upper-middle class achieve their social position primarily _____.


A) through their unusually high incomes
B) by their occupation and career orientation
C) through inherited position
D) through their children's accomplishments
E) none of the above

F) All of the above
G) A) and B)

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B

When comparing income levels by education and gender, which of the following is TRUE?


A) Men and women earn about the same income if they have the same education.
B) The difference between men and women on earnings occurs mostly at the lower education levels.
C) The difference between men and women on earnings occurs mostly at the higher education levels.
D) Men earn more than women at each level of education.
E) Women earn more than men at each level of education.

F) A) and B)
G) B) and D)

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Which generation is both cynical and sophisticated about products, ads, and shopping?


A) Generation Y
B) Generation X
C) baby boom
D) echo boom
E) boomerang

F) B) and C)
G) B) and D)

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Which generation was born between 1965 and 1976?


A) Generation Z
B) Depression generation
C) baby boom generation
D) Generation X
E) Generation Y

F) B) and E)
G) C) and D)

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D

One's position relative to others on one or more dimensions valued by society is known as one's _____.


A) societal rank
B) social status
C) social standing
D) social sphere
E) social realm

F) None of the above
G) A) and D)

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Generation Y is sometimes referred to as the _____.


A) baby bust generation
B) echo boom
C) boomerangs
D) baby boomlet
E) step-boomers

F) A) and E)
G) B) and E)

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The more consistent an individual is on all status dimensions, the greater the degree of _____ for the individual.


A) status maturity
B) status permanence
C) status inflexibility
D) status crystallization
E) status flexibility

F) B) and D)
G) A) and B)

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What is the movement called in which companies have expanded opportunities for less affluent consumers to afford luxury?


A) mass to class
B) class to mass
C) more to all
D) one for all
E) all for one

F) B) and C)
G) A) and D)

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