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MKT 6310 – Marketing Management – Chapter 1 Summary – University-Level Lecture Notes

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This document provides a comprehensive summary of Chapter 1 of MKT 6310, covering the core principles of marketing, including the definition of marketing, key marketing concepts, and the role of marketing in strategic planning. It explains value creation, customer relationships, and an overview of the marketing mix. Ideal for students seeking clear and structured notes aligned with most Marketing Management syllabi.

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MKT 6310 CH 1
consumer behavior is the field of study that focuses on the activities people undertake
when ______, ______, and _______ of products and services - *answers *obtaining
(getting), consuming (how often, why, how), disposing

a subtopic in consumer behavior that studies why and how people use products in
additional to why and how they buy them - *answers *consumption analysis

What is the effect of package size on consumption behavior? - *answers *consumers
use more product when packages are larger (and have more assortment like Jelly
Beans)

Consumer behavior steps - *answers *stimuli, black box (buyer's mind), responses

What external factors fall under stimuli? - *answers *marketing mix, environmental

What internal factors fall under the black box? - *answers *consumer characteristics,
decision making process

what are the 2 types of consumer responses? - *answers *purchase, no purchase

Which 2 influences impact consumer behavior? - *answers *consumer, orgranizational

a part of consumer behavior that includes how to decide what to do, other products in
consideration, where you buy, how to pay, how to transport product home? - *answers
*obtaining

a part of consumer behavior that includes how to use the product, how to store product,
who uses the product, how much you consume, how product compares with
expactations?` - *answers *consuming

part of consumer behavior that includes how to get rise of remaining product, how much
thrown away, the decision to resell, how products are recycled? - *answers *disposing

Why do we study consumer behavior? - *answers *determines economic health of
nation, determines success of marketing programs, educates about health, affects
personal policy

What can be used to influence people to stop consuming? - *answers *demarketing

Which example was given to show that CB educated on health? - *answers *Subway
(eat fresh campaign)

includes how you behave towards others and in buying situations, your values and
beliefs, and how you live your life - *answers *personal policy

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