Section – A: Attempt all FIVE questions. Each question carries 06 marks. [30 Marks] Q1. What is consumer behavior? Why is it important to study consumer behavior? Q2. Discuss the concept of marketing. How is marketing orientation relevant to business? Q3. Discuss the difference between microenvironment and macro environment? Q4. Explain the influence of the internal factors on the consumer decision making process? Q5. Write short notes on:‐ a) b) Marketing Information System Marketing research
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Consumer Motivation All 8 of them agreed that what motivates them to possess an item from Chanel is because owning an item from Chanel puts them in the limelight and makes them the object of jealously. This gives them the feeling of authority. According to Rachel (the youngest in the group)‚ whenever I carry my 2.55 (Chanel quilted bag)‚ my peers will all look up to me and tell me how much they envy me. It gives me a sense of power. Shay Chua seconded Rachel opinion adding that her Chanel
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A. How can marketers use measures of recognition and recall to study the extent of Consumer learning? Advertisers have long been interested in isolating stimulus factors and associated receiver reactions that affect advertising effectiveness. There is an unresolved debate about the relative merits of recall and recognition‚ two commonly used measures of ad effectiveness. There is also an inadequate understanding of the differential impact of ad characteristics and reactions on recall and recognition
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made first steps in the direction to Global integration only in the 1970s. It could be seen as somewhat paradoxical‚ because if we apply the matrix of Global Integration and Local Responsiveness pressures to the cement industry‚ we can clearly identify that the industry scores high on most of the factors that should have pushed it to globalization much earlier Factors These factors include large investment intensity‚ technology intensity in production‚ pressures for cost reduction‚ universal
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challenging concept in the marketing is to deal with understanding the buyer behaviour. Consumer Buying Behaviour refers to the buying behaviour of the final customers‚ and households who buy goods and services for personal consumption. It is fascinating but different area to research and this is particularly relevant in the tourism field‚ where the decision to purchase by a consumer is of emotional significance. Consumers vary tremendously in age‚ income‚ education level and tastes and they
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Introduction Consumers should know their consuming behaviour before purchasing a product. The purpose of this portfolio is to review and evaluate my own consuming behaviour distributed over three categories. Firstly‚ I will review on my philosophical assumptions and to discuss about my beliefs on the importance of advertising and marketing. Secondly‚ I will identify a consumer behaviour that I have done recently and to analysis what type of decision maker I am. Finally‚ I will examine how do I express
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next six months‚ each of them offered big discounts and gifts (such as TV / audio systems) with the return ticket on different routes. The most profitable and commercially viable routes were the major targets of these price related competitions. The consumer was the ultimate beneficiary and in short time‚ the companies started facing losses due to this price-cutting. Star Airways had so far remained out of this ‘price-war’ and lost its market share on the competitive routes very rapidly. It was able
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especially sales. Objectives * To expand their sales to customers who have not yet own any Apple’s products. Apple is aiming to market their products to first time buyers. Information systems play a vital role in transferring material to the consumer. By advertising their product and pushing new products into third party retail stores it allows Apples products to be available al most anywhere. * To produce hassle free products that provides service and enjoyment for customers. Simplicity
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K. Mohan‚ Business Report writing and Correspondence (TMH). Other Course Policies: 1. Students are expected to be present in the class rooms for the lectures before the instructor. Late entrants will not be allowed entry in the classroom. 2. Students are expected to be punctual in all respects and they should try to submit their assignments before the last date of submission. 3. Students must bring along the prescribed text book for every session. 4. Assignments and projects should
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EXECUTIVE SUMMARY Consumer behaviour is the study of how individuals‚ groups and organizations select‚ buy‚ use and dispose of goods‚ services‚ ideas or experiences to satisfy their needs and wants. The emerging costumer trends play an important role in analysing the marketing opportunities. A consumer buying behaviour is influenced by cultural‚ social and personal factors. The consumer passes through five stages of the buying decision process: Problem Recognition‚ Information Search‚ evaluation
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