Examlex
A consumer tells another consumer, "Every time I eat at Big Bill's Steakhouse I get poor service." Whether this is true or not, it is the consumer's perception. This is an example of consumers basing future predictions on the quickness and ease with which a particular example of an outcome comes to mind. This scenario would be an illustration of the ________ heuristic.
Error-Prone
Error-prone describes a situation or system that is likely to make mistakes or contain errors.
Relatively Accurate
Describes information or measurements that are generally correct or precise when compared to a standard or expected value.
Eyewitness Events
Incidents or occurrences directly observed by an individual, often discussed in the context of legal justice to assess their reliability and accuracy.
Eyewitness Memory
The recall by individuals of events they have witnessed, significant in legal contexts but known for its potential for inaccuracy and susceptibility to suggestion.
Q4: One key to customer retention is _.
Q9: Customer lifetime value (CLV) describes the net
Q20: In the brand resonance pyramid, the lowest
Q36: If a single person has a home
Q48: A marketer is interested in segmenting a
Q63: A person's _ consist(s) of all the
Q85: Perception is the process by which an
Q119: If Loblaws hired staff to pose as
Q121: Using European automobile giant Volvo as your
Q134: In the "customer is king" category of