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Consumer Behavior Buying Study Set 1
Quiz 12: Income and Social Class
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Question 61
True/False
The American rich often indulge in luxury goods while pinching pennies on everyday items.
Question 62
Essay
Explain what a credit score is and how it relates to social class.
Question 63
Multiple Choice
John Jones purchases products to show visible evidence of his ability to afford luxury goods, John is practicing ________.
Question 64
Multiple Choice
Trisha grew up in a drug-ridden inner city neighborhood. Through sheer determination and intelligence, Trisha is now a medical doctor teaching on the staff of a large university hospital. Trisha is proud of what she has accomplished, but sometimes she feels stressed and uncertain of who she really is. The concept of ________ assesses the impact of such inconsistencies.
Question 65
Multiple Choice
Vance comes from the lower-upper class as does Jeff. They are both madly in love with Julia, who is beautiful enough to do part-time modeling. According to the principle of ________, Julia could be attracted to both men.
Question 66
Multiple Choice
If a member of the upper class wore shredded Levi's jeans to a formal party, the person would be exhibiting a sophisticated form of conspicuous consumption known as ________.
Question 67
Multiple Choice
The lower classes use more restrictive codes than do the upper classes. How does this knowledge change the way insurance might be sold to a working-class man compared to an upper-class man?
Question 68
Essay
What are the two major components of social class? Explain and comment on each component (such as which is more important).
Question 69
Multiple Choice
According to Pierre Bourdieu, people's taste regarding entertainment and the arts serves as a status-making force or ________ that causes consumption preferences to cluster together.
Question 70
Multiple Choice
Of the countries listed below, which is thought to be highly status-conscious?
Question 71
Multiple Choice
When people are differentiated in terms of their aesthetic and intellectual preferences, a ________ is being applied.
Question 72
Multiple Choice
Jason is a marketing researcher working for a client who believes that social class will be an important segmenting device. Jason decides to find social class categories by simply asking respondents to pick their own category. Which of the following best supports Jason's approach?
Question 73
Multiple Choice
A member of ________ has recently gained personal wealth and may experience status anxiety. Such individuals may try to display symbols of their success to make up for an internal lack of assurance about the "correct" way to behave.