TRANSILVANIA UNIVERSITY FACULTY OF ECONOMIC SCIENCES BUSINESS ADMINISTRATION YEAR II ECONOMETRICS The analysis of the factors which influence the rate of unemployment Sacarea Alexandra Sabrina Table of contents 1.Objectives of project 2.Stages of analysis 2.1.Data collection 2.2.Estimation of parameters 3.Graphical representation 4.Statistical tests 4.1.Fisher Test 4.2.Student Test 5.Durbin-Wtason Test 6
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\Topic 2 – Consumers & business 1. Role of consumers ‘Consumer sovereignty’ refers to the pattern of consumer spending in an economy will determine patterns of production and resource allocation. Since firms are rational profit maximising entities‚ they will produce what the consumers want to buy and how much they buy. Consumer sovereignty is not only important for maximising profits‚ it will also act to ensure that firms maximise their efficiency. If by producing at technical efficiency (lowest
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Cultural Influences of Consumer Behavior Understanding consumer buying behavior entails marketing‚ relationships‚ and consumer behavior. Consumer behavior comprises all the consumer decisions and activities connected with the choosing‚ buying‚ using and disposing of goods and services. Marketers must pay very close attention to consumer behavior that occurs before the purchase and after the particular product has been used. Studying consumer habits is one of the steps in marketing search and analysis
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FACTORS INFLUENCING THE CONSUMERS’ INTENTION TO USE ENVIRONMENTAL FRIENDLY PRODUCTS NOR BAEYAH BT JAHAYA 2011969509 NURHIDAYAH ‘ALIAA BINTI CHE ZULHAIMEE 2011291054 BACHELOR OF BUSINESS ADMINISTRATION WITH HONOURS (HUMAN RESOURCE MANAGEMENT) FACULTY OF BUSINESS MANAGEMENT UNIVERSITI TEKNOLOGI MARA KAMPUS BANDARAYA MELAKA JULY 2014 FACTORS INFLUENCING THE CONSUMERS’ INTENTION TO USE ENVIRONMENTAL FRIENDLY PRODUCTS NOR BAEYAH BT JAHAYA 2011969509 NURHIDAYAH ‘ALIAA BINTI CHE ZULHAIMEE 2011291054
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Internal Influences and Consumer Decision Process Consumers’ Purchase Decision: Motivation Consumer motivation is an internal state that drives people to identify and buy products or services that fulfill conscious and unconscious needs or desires. The fulfillment of those needs can then motivate them to make a repeat purchase or to find different goods and services to better fulfill those needs (Peter & Donnelly‚ 2004). The behavioral aspect of consumer motivation concerns the actions someone takes
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How do you spend your free time? There are many different things which you can do in your free time. Personally I don’t have much free time. I am preparing to my mature exams. However‚ there always happen some free moments on the weekends. I don’t do any especially exciting things then. Sometimes I simply lie on the sofa and watch TV. I like series movies‚ like "Friends". I must admit that I also watch soap operas to entertain. In my mind you cannot learn anything watching TV so I generally choose
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Religion influence Consumer Behavior “Human beings are not born with a set of behaviour‚ they have to learn it. What they learn is dictated by the culture into which they are born or within which they grow up” – J Bareham(1995) Culture makes us similar to some people but different to the vast majority. Culture compromises of many aspects such as Language‚ Politics‚ everyday food habits and Religion. Religion can be defined as a subculture. A subculture is a group whose members share beliefs and
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In 1943 Abraham Maslow published a "Theory of human motivation" where he presented hierarchy of needs. On the bottom of the pyramid are all physiological and safety needs such us food‚ water‚ air‚ rest etc. Higher levels represents higher needs‚ which are more complex. An affiliation on the third level of the pyramid says about belonging to a groups such as family‚ school or work colleagues groups; a need of love and friendship. On the forth level are self-esteem needs such as respect‚ achievement
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Spend money or save money? Some people say that it is better to enjoy your money as soon as you earn it‚ while others prefer to save money for their further life. It is really a difficult choice faced by lots of people‚ because of the different attitudes they hold towards money. As far as I am concerned‚ I vote for the former choice‚ which is that it is better for one to enjoy his or her money as soon as it is earned‚ because of these following reasons. First‚ since no one knows what will happen
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Factors that influence communication. There are different ways that the environment can affect communication. For example: Noise - A noisy environment can mean road works‚ loud music‚ and transportation. Setting - Pictures‚ signs‚ decorations and poor lighting can distract people which makes them lose focus. Time - Meeting at the wrong time and phone calls at the wrong time can affect communication. Space - Overcrowded places for example corridors‚ public transport‚ offices and stores can affect
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