62. Berne Retail plans to introduce new private-label brands for beverages. The marketing team will
undertake a survey to obtain feedback on these brands through a test marketing exercise. The data
collected in this research study will be collated in terms of frequencies and subjected to statistical
analysis to determine the brands that earned the most. The best-performing new brands will be then
chosen for a full-scale rollout. This scenario illustrates an instance of _____.
63. Which of the following is an economic trend shaping the value received by consumers today?
Advent of private-label brands
Widespread use of Facebook
64. Which of the following is a demographic trend shaping consumer behavior patterns?
Increasing households having two primary income providers
Increasing birthrates in the U.S. and Europe
Lower levels of consumer affluence in the U.S.
Decreasing life expectancy in the U.S.
RESTAURANT RESEARCH SCENARIO
Insight Research, a marketing research company, has been hired by a national chain of family
restaurants to help them better understand their customers and their preferences. The restaurant chain
has several competitors competing for the same customer segments and has experienced sales declines
in the past few years. Researchers go “under cover” and pretend to be customers so that they will fit in
while they observe the interactions between customers and the wait staff. Subsequently, they write a
report of their interpretations of what they experienced personally while pretending to be a customer.
They also add in details of what they saw regarding interactions of other customers with each other
and with the employees of the restaurant. Some conclusions drawn were that the employees were not
especially attentive to the customers and that customers were overheard saying they didn’t intend to
return. Some researchers also noted that the food was not very good and they saw several customers
return orders.
65. Refer to Restaurant Research Scenario. Which of the following is the best reason why this restaurant
chain should be concerned about customer satisfaction?
Because all restaurants should be concerned about customer satisfaction