Which of the Following Indicates Consumer Ethnocentrism

question 26

Multiple Choice

Which of the following indicates consumer ethnocentrism?

• A) Serena purchases items only if they are approved by her sister.
• B) William buys only products that have the label "Made in U.S.A.," as he considers it unpatriotic to buy foreign goods.
• C) Kevin believes that the more he spends on purchasing things, the higher is his self-image in the society.
• D) Stacey buys only imported products as she believes they are superior in quality.

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Definitions:

Nonprofit Distributing

Organizations that do not distribute their surplus funds to owners or shareholders but instead use them to support their missions and activities.

Closed Competition

A competitive scenario where participation is restricted to specific entities or individuals who meet predetermined criteria.

Noncompulsory Distributions

Financial or resource allocations made by an organization or government that are not mandated by law or regulation, often discretionary in nature.

Demand Heterogeneity

Describes the variation in consumers' preferences and needs, which can influence the market strategy of businesses.