_______________________ SECTION A ( Each question carried 12 Marks ) 1. You are the brand manager of a new line of light weight autofocus‚ economically priced digital cameras. Describe how an understanding of consumer behaviour will help you in your segmentation strategy and promotion strategy. What are the consumer behaviour variables that are crucial to your understanding of this market ? 2. Gillette‚ an established market leader in shaving products‚ is planning a foray into skin care products for men. How can the company
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Organizational behaviour ------------------------------------------------- If you are made the campaign leader for a particular political party‚ how will you use your leadership skills to motivate your party men to ensure success of the party nominee in the elections? (Focus on the individual‚ motivate and apply leadership style). Leadership is a group phenomenon. It’s an influence process; that is to say‚ intentional influence is exerted by the leader over followers. It’s the behaviour of an individual
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Organization Behavior management “Organizational behavior is a field of study that investigates the impact that individuals‚ groups and organizational structure have on behavior within the organization‚ for the purpose of applying such knowledge towards improving organizational effectiveness”. The above definition has three main elements; 1. first organizational behaviour is an investigative study of individuals and groups‚ 2. second‚ the impact of organizational structure on human
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References: Hanna‚ Nessim & Wozniak‚ Richard (2005). Consumer behaviour: An applied approach (2nd ed.); Upper Saddle River: Prentice Hall Inc. Hoyer‚ W.D.‚ & MacInnis‚ D. J. (2006). Consumer behaviour (4th ed.); Boston: Houghton Mifflin Company. Schiffman‚ L. C. & Kanuk‚ L. L. (2004). Consumer behaviour (8th ed.)‚ New Jersey: Prentice Hall. Solomon‚ M. R. (2002). Consumer behaviour: Buying‚ having‚ and being (5th ed.). New Jersey: Prentice Hall. 10
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INTRODUCTION Human behavior refers to the range of behaviors exhibited by humans and which are influenced by culture‚ attitudes‚ emotions‚ values‚ ethics‚ authority‚ rapport‚ hypnosis‚ persuasion‚ and genetics. The behavior of people falls within a range with some behavior being common‚ some unusual‚ some acceptable‚ and some outside acceptable limits. The behavior of humans is studied by the academic disciplines of psychology‚ socialwork‚ sociology‚ economics‚ and anthropology. Human behavior
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Status Consumption According to Mason (1981)‚ significant levels of status consumption exist in all communities in the world. This consumption behaviour contributes significantly in shaping consumer preferences for many products. Eastman‚ Goldsmith‚ and Flynn (1999) define status consumption as “the motivational process by which individuals strive to improve their social standing through the conspicuous consumption of consumer products that confer and symbolize status both for the individual and
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TRAVEL BEHAVIOUR *TASK 1: Identify and analyse the decision-making units (DMU’s) for the two decisions made in the Case Study (Richard’s travel to Paris and Richard and Heather’s holiday plans): A) Work: Richard usually travel from Paris to England and vice versa by plane and when he arrives at both airports he take a taxi to arrive at his destination. His friends are not in accordance with it because of the pollution. Heather‚ his girlfriend makes a purpose that consists in supersede the
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HERD BEHAVIOR- BANERJEE In the process of decision-making‚ people are influenced by others. This tendency of people is called as “herding” in social life. For example‚ if one of the person find any benefits from any resources then every one in the group try to gain benefit from same resource. As another example; if there was any negative news regarding a company then people immediately begin sell off shares of the stock. In other way if any good news about a company was reported in the news then
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and managing goal oriented organization behaviors. Attribution theory is known as the effective way which helps us to assume that people’s behaviour is caused by internal or external situational factors. This essay is going to discuss about the key elements of attribution theory and the relationship between them. In addition‚ the way of attribution theory process works in organizations are also mentioned. Also it considered how attribution theory implements in organizations as an effective tool which
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Consumer Behaviour Exercise(D) Product Category: Mundane product costing less than Rs 100/- Product chosen by Consumer: Milk Packets (500ml) Conumer Name and Occupation: Mr. Varun Singh‚ Business strategist for a MNC Consumer age: 27 years Introduction The survey was conducted at Infinity Mall‚ Andheri with Mr. Varun Singh who works at a MNC as Business Strategist. The product chosen by Varun was 500 ml plastic milk packets as it is an important part of his daily life and routine. Consumption
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