© The Journal Contemporary Management Research 2010‚ Vol.4‚ No. 2 THE INFLUENCE OF CHILDREN ON FAMILY PURCHASING DECISIONS IN OTA‚ NIGERIA S. T. Akinyele* Abstract Children constitute an important target market segment and merit attention from a marketing perspective. The role that children play in making decisions concerning the entire family unit has prompted researchers to direct attention to the study of influence of children. This research focuses on the influence of children on family
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Choose a business on which to base this project. The business can be your own business‚ a business in which you work‚ a sporting or social club to which you belong or any other business with which you are sufficiently familiar so as to be able to complete the project requirements. Outline the core focus of your business as it will operate at start-up and then discuss the threats it faces as the market and customer preferences change. Detail the strategies you will use to keep abreast of all changes
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and attitude differences. The term "racial and ethnic groups" is used to define the range of employees that belong to different cultures or races that now make up the growing area of the new workforce (Schermerhon‚ et al.‚ 2005). This type of demographic characteristic can lead to a number of individual behavior issues such as stereotyping and discrimination. Stereotyping happens when a group or category defines a person and this can lead to generalized misconceptions when assessing an individual
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great documenting on their previous sales data and financials. There is some research that Kudler’s should add so they can have a better understanding of the markets to which they wish to sell. An area that needs more research is the demographics of the consumers. Demographic information is beneficial to the company so they can market the products and services according to the types of consumers they have currently as well as the consumers they want to purchase their products. The surveys Kudler previously
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for the study? 3) Was the sample adequate for the research design that was selected? 4) Describe the data collection procedure. 5) What did the authors say about the reliability and validity of their data collection and analysis? 6) What demographic information was reported? 7) What were the variables that were studied? 8) How were the data analyzed after collection? Was there any special software used? 9) Discuss the use of any figures‚ graphs‚ and tables. Was the information conveyed
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Macro environmental category includes: demographic; economic; social-cultural; competitive; political-legal; and technology variables. 2. Microenvironmental category includes: the company itself; customer served by the company; suppliers; distributors; market intermediaries that assist in making and marketing company’s products and services; and special publics that influence the success of the company’s strategic plans. Demographic Environment Demographic characteristics are often strongest
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The increase in the evolving demographics are showing that India is going to remain as a nation which contributes the largest workforce within the next decades. The main dividend of India’s population is the young group of people. This factor gives india the required potential to become the global hub and also a huge consumer and producer for goods and services all over the world.Although India has a huge amount of working-age group of population it is not being enough for it to keep up its economic
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Research objectives: The objective of the survey was to identify target demographics‚ purchase behaviour‚ traits and recommendations that would enable us to outline and implement communication mediums‚ which would integrate with the objectives of the organization. The sample consisted of existing customers who had previous interaction with Quality Diamonds and the report presents major finding that would define the path for strategizing marketing activities and incorporate a brand message.
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that demands fairly new ideas such as flexibility of employment‚ additional services and updated policies. The year of 2011 was even more stressed upon as boomer age group is going to get a jump start with 81 million or one-fourth of the entire US demographic turning to their 65. The sSheer size of this cohort is enough to obliterate any company that does not appeal to their specific needs. The most important cohort in the history of the modern world is turning to its retiring years. This can only
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With the impact of the new information technological trend‚ it has definitely changed the way in which business operates these days. As supported by the studies of Sadler (2003‚ p.28)‚ “the new information and communication technologies … are simultaneously restructuring global markets and the whole industry sectors‚ challenging conventional economic thinking and redefining how business is done.” Technology has greatly improved the buyers’ awareness and individuals can retrieve information on the
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