Chapter 1 – consumer behavior 1. Decision making at margin marginal cost: the additional cost of consuming or producing one more unit of a good marginal benefit: the additional benefit of consuming or producing one more unit of good Utility: satisfaction derived from consuming units of good consumed in a given period of time Marginal utility: additional satisfaction gained from consuming an extra unit of good within a period of time 2. The law of diminishing utility marginal utility
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Consumer behavior [pic] DISTANCE EDUCATION Faculty of Management Multimedia University COURSEWORK BOOKLET TRIMESTER 2‚ ACADEMIC YEAR 2011/2012 COMPENSATION AND BENEFITS SUBJECT CODE BCB2844 INSTRUCTIONS TO THE STUDENTS 1. Please read this Coursework Booklet thoroughly. 2. The Instructions are stated in detail in this booklet and must be observed. Late assignments will be penalized. The ‘water-marked’ date on the envelope of the assignment
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UNIVERSIDAD AUTÓNOMA DE NUEVO LEÓN FACULTAD DE CONTADURÍA PÚBLICA Y ADMINISTRACIÓN CONSUMER BEHAVIOR MIDDLE TERM ESSAY MAXIMILIANO SILVA ZAVALA 1529846 5Yi 19 DE MARZO 2014. A) PRODUCT NAME AND NAME’S MEANING The product I chose is Microsoft’s XBOX ONE. The name of the product is divided in two parts (“Xbox” and “One”). “Xbox” has its origins on Microsoft Windows’ history; the bit of Microsoft’s Windows software that handles the graphics is called
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aggressive marketing strategies and innovative consumer friendly schemes has resulted in a sharp rise in their market share. At present many international brands like Sony‚ Samsung‚ Panasonic‚ Philips‚ LG‚ and Thomson etc. are competing with Indian brands such as BPL‚ Videocon‚ Onida etc. to capture Indian markets. This study has been focused on the consumer preference of consumer durable like television and the impressions of the consumers with regards to product‚ price‚ place and promotion. Samsung is
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infrastructure ‚ product variety ‚ brand ambassadors [ex Dhoni and Asin for bigbazaar and none such celebrities for vishal] So now we will be focusing on their promotional strategies to see how they attract their respective market segments. REASERCH METHADOLOGY NON PARTICIPATORY OBSERVATION -> It involves collection of data by observing behaviour without interacting with the participants [CONSUMERS+SALESPERSON] -> WE WILL BE FOCUSING ON THE PROMOTION AL STRATEGIES LIKE product positioning
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because we have expectations that the product or person should work a certain way. However‚ negatives are shared more‚ because of a violation of expectations. Negative information is more diagnostic * Use negativity to advantage such as a competitor’s product * Reinforce positive attitudes by detaching yourself to negative stigmas and emphasizing other negatives of companies (eg. We don’t use child labor) Aggression- Can lead to violent behavior if there isn’t some “cool-off” period
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1.2. Describe two LOHAS products. 1 2. Section B 2 2.1. Consumer decision process 2 2.1.1. Need recognition 2 2.1.2. Information search 2 2.1.3. Evaluation of alternatives 2 2.1.4. Purchase 3 2.1.5. Consumption 4 2.1.6. Post-consumption evaluation 4 2.1.7. Divestment 4 2.2. External influences 4 2.2.1. Culture 4 2.2.2. Social class 5 2.2.3. Family 5 2.2.4. Reference groups. 5 2.2.5. Situational influences 5 3. Section C 6 3.1
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1. What are the factors that might influence how important purchasing is to an organization? (Ch. 1‚ question 5) Several factors are driving an emphasis on supply chain management. First‚ the cost and availability of information resources between entities in the supply chain allow easy linkages that eliminate time delays in the network. Second‚ the level of competition in both domestic and international markets requires organizations to be fast‚agile‚ and flexible. Third‚ customer expectations
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Chapter 10 – Products and Services for Consumers Discussion Questions 1. Define the following terms and show their significance to international marketing: Product diffusion Innovation Product Component Model Green marketing Quality Homologation Global brands 1. Debate the issue of global versus adapted products for the international market. A recurring debate exists relative to product planning and focuses on the question of standardized products marketed worldwide versus differentiated
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Synopsis CONSUMER BUYING BEHAVIOUR TOWARDS ECO-FRIENDLY PRODUCTS Submitted by XYZ MFM I Under the supervision Of Prof. Priti Gadhvi Submitted to Department of Fashion Management Studies (FMS) National Institute of Fashion Technology (NIFT) (Ministry of Textiles‚ Govt. of India) GH-0 Road‚ Behind Infocity Gandhinagar‚ 382007. Gujarat http://www.nift.ac.in February‚ 2011 DECLARATION We declare that we have completed the minor project on the topic –“Consumer Behaviour towards eco
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