ADMS 2200 Study Guide - Quiz Guide: Sensory Memory, Observational Learning, Umbrella Brand

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ADMS 2200 Full Course Notes
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In addition, consumers may be thought of as role players who need different products to help them play their various parts: market segmentation is an important aspect of consumer behaviour. Consumers can be segmented along many dimensions, including product usage, demographics (the objective aspects of a population, such as age and sex) and psychographics (psychological and lifestyle characteristics). Consumer behaviour is relevant to our understanding of both public policy issues (e. g. ethical marketing practices) and of the dynamics of popular culture: it is often said that marketers create artificial needs. The positivist perspective, which currently dominates the field, emphasizes the objectivity of science and the consumer as a rational decision-maker. The interpretivist perspective, in contrast, stresses the subjective meaning of the consumer(cid:495)s individual experience and the idea that any behaviour is subject to multiple interpretations rather than one single explanation.

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