A MODEL OF CONSUMER DECISION MAKING The process of consumer decision making has 3 stages: input stage‚ process stage and output stage. The input stage influences the consumer’s recognition of a product need and consists of 2 major sources of information: 1) the company’s marketing efforts (product‚ price‚ promotion and price) and the external sociological influences on the consumer (family‚ friends‚ neighbours other informal and non-commercial sources‚ social class and cultural and subcultural
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tone to match the audience Build your network 1. Information broker – a person who occupies a key role in a social network by connecting disparate groups of people 2. Networks deliver – private info‚ access to diverse skill sets‚ power 3. Trust – needed in networks when sharing private info 4. Self-similarity principle – choose people that are similar to you 5. Proximity principle – populate networks with the people they spend the most time with 6. Shared activities principle
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Cognition Final Study Guide #1 History and Perspectives Who were the structuralists? * Wundt and Tithcener * Their goals: sought to discover the laws and principles that explain our immediate conscious experience. Wanted to identify the simplest essential units of the mind and to determine how these units combine to produce complex mental phenomena. * Method: The study of conscious mental events and function of mental operations. The method was introspection. * Their contributions:
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International phonetics Alphabet List of symbols representatives of sound used in English Language : i) Utterance ii) Sound iii) Symbols iv) Syllable v) Word(s)/group of Words vi)Clauses/Phrases vii)Sentences viii)Paragraph ix) Meaning x) Interpretation xi) Theorizing. i) ‚ ii) ‚ iii) Phonology iv)‚ v) Morphology vi)‚vii) Syntax viii) Forms ix)‚ x) Interpretation xi) Hermeneutics Phoneme: A phoneme is the smallest or minimal contrastive unit in the sound system
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90 I told my brother Orville that man would never fly for fifty years" said by me Wilbur Wright‚ father of modern aviation! And that design above you and I is what my brother‚ Orville and I did. Background info (birthplace‚ birthdate‚ any relevant childhood info.‚ relevant relationship info.‚ etc.): I was born on April 16‚ 1867‚ near Millville‚ Indiana‚ the middle child in a family of 5. My father‚ Milton Wright‚ a priest. And my mother Susan Koerner was usually at home. May her soul rest. What
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of Informed Consent 6 levels of cognitive learning: remembering (recalling ethics code)‚ understanding (not just reciting but putting into own words)‚ applying (link theory & practice; be able to discuss w/ particular ct)‚ analyzing (break all info down; ensure ct understands process; user-friendly language)‚ evaluating (critiquing ethics code from diversity perspective) & creating (new informed consent based on diverse pop) Ethics Code vs. statutes (ethical vs. legal) "An ethical decision
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Variable manuf overhead - $15 c. Fixed manuf overhead - $30 i. Total manuf costs - $105 Per unit cost when producing ANSWER: $85 2. Selected info regarding a company’s most recent quarter follows: a. Op expenses $700 b. Gross profit $2390 c. Sales rev $4000 d. End finished goods inventory $300 e. Cost of goods manuf $1200 ANSWER: $710 3. selected financial info for Brookeville manuf is presented in the following table a. sales rev $4k b. purch of dir materials $400 c. direct labor $450 d. manuf overhead
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|economic & religions|‘capitalist’ | |objective of Islamic|economy. | |Institution & | | |Muslims Users. | | |Provide holistic |Provide materialist| |information |profit-focused info| | |information | |Eg : Islamic Bank‚ |Not meet socio | |Tabung Haji |economic objective.| • Karim (1995) – Not just technical. • More requiring whole new areas of performance measurement.
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4.422515 0.0000 INCOME 1.60E-06 3.62E-07 4.430130 0.0000 C 0.956320 0.018992 50.35379 0.0000 R-squared 0.064220 Mean dependent var 1.044863 Adjusted R-squared 0.059518 S.D. dependent var 0.088798 S.E. of regression 0.086115 Akaike info criterion -2.058820 Sum squared resid 2.951465 Schwarz criterion -2.028940 Log likelihood 415.7934 F-statistic 13.65691 Durbin-Watson stat 1.696180 Prob(F-statistic) 0.000002 If‚ say‚ prpblck increases by .10 (ten percentage points)
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Understanding the market (problem definition: societal need) Essence of engineering design: (ABET definition) devising a system‚ component or process to meet desired need. The entrepreneurial Engineer Knows everything: find any info quickly and can evaluate and use info Can do anything: quickly understand what needs to be done and acquire tools Collaborates: work with anyone‚ communication Innovates: entrepreneurial spirit‚ managerial skills Responsibility Moral responsibility Based on moral
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