300) Consumer socialization refers to
A) the distinct phases that a family progresses through from formation to retirement, each phase
bringing with it identifiable purchasing behaviors.
B) the people to whom an individual looks as a basis for self-appraisal or as a source of personal
standards.
C) the process by which people acquire the skills, knowledge, and attitudes necessary to function
as consumers.
D) the modes of living that are identified by how people spend their time and resources, what
they consider important in their environment, and what they think of themselves and the world
around them.
E) the relatively permanent, homogeneous divisions in a society into which people sharing
similar values, interests, and behavior can be grouped.
301) Research shows that consumer socialization with respect to brand preferences begins at
A) the age of 2.
B) the age of 5 when their cognitive skills have developed to understand the concept of money.
C) the age of 13 when they become teenagers, and when they can understand the responsibility
involved in saving money to be able to consume products and services.
D) the age of 18 when they become college students, living outside their parents’ home for the
first time and being responsible for their purchase decisions.
E) at any time, though most people change their brand preferences many times during their
lifetimes.