Consumer as Decision Makers Consumer decision-making Stage 1: Need recognition Stage 2: Pre-purchase search Stage 3: Evaluation of alternatives Stage 4: Purchase Stage 5: Post-purchase behavior Stage 1: Need recognition Needs Motivation Goal If goals not achieved‚ renewed motivations Motivation – the driving force to take action produced by a state of tension due to unfulfilled needs. How to identify consumer needs? Consumer research Activity analysis (process-oriented) Problem analysis
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method of cost accounting. It is use in managerial economic. CVP is the study of the effects of changes in cost and volume on a company’s profits. It is a method of analysing the relationship between changes in output and changes in total sales revenues‚ expenses and net profit. QUESTION 1 (a) How do managers use CVP analysis to make decisions? Describe at least FIVE (5) uses of CVP analysis. Managers are concern about the impact of their decision on profit. The decisions they make are about volume‚
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Decision-making skills in a business environment are critical for continued company growth and progress. Personal or business ethics can have a substantial impact on how decisions are made. In order for decisions to be ethically defensible it must contain specific elements. The basic elements in ethical decisions are ground rules. Ground rules can be composed of informal ethical believes of business ethics. The determining factor of an ethical decision will be based on which ground rule is used.
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DECISION MAKING Submitted by Afzal muhammed International mba COMPANY CAN TAKE SHORT TERM DECISION USING THE DECISION MAKING INDICATOR Break-even point The break-even point may be defined as that point of sales volume at which total revenue is equal to total cost. It is the point of no profits no loss. A business is said to break-even when its total sales are equal
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International Business Contexts Section A Introduction This report will consist of a contextual analysis of the Indian competitiveness and investment attractiveness of the Indian soft drink industry. The author will use Porter’s National Diamond as a framework to conduct the industry analysis of the Indian soft drink industry and will draw clear conclusions and recommendations of entering into the Indian market. Market Overview Throughout 2010‚ the Indian soft drinks market generated total
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Business Decisions by Microsoft: Bad vs Good Business Decisions by Microsoft: Bad vs Good Microsoft had a lot to live up to after supporting an operating system called Windows XP. Windows XP was widely used by everyone from school kids‚ to multi-million dollar corporations. Microsoft seemed to be under a lot of pressure to create a GUI that was as “user friendly” as the Mac‚ handle crashes better than XP‚ and made better use of memory. Their answer: Windows Vista. Quickly seeing
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Duration Of Exams Ext. Int. Total FM-301 Financial Decision Analysis 70 30 100 3Hrs. FM-302 Foreign Exchange Management 70 30 100 3Hrs. FM-303 International Accounting 70 30 100 3Hrs. FM-304 Corporate Taxation 70 30 100 3Hrs. FM-305 Working Capital Management 70 30 100 3Hrs. FM-306 Management of Financial Institutions 70 30 100 3Hrs. FM-307 Security Analysis and Investment Management 70 30 100 3Hrs. FM-301 Financial Decision Analysis Application of Linear Programming; Goal programming;
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Chapter 3 Summarizing Data 0.1 0.2 Introduction...........................................................................Error! Bookmark not defined. A Section Title .......................................................................Error! Bookmark not defined. Demonstration: ............................... Error! Bookmark not defined. Exercises ................................................................................... Error! Bookmark not defined. 0.3 0.4 Chapter Summary .
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Making Research Decisions Rating Scales As a researcher‚ one must choose which rating scale is going to be the most effective method. Once choosing the scale‚ he/she then must decide the amount of choices the subject has. We are going to explore four different scales: 1. Yes/Depends/no‚ 2. Excellent/Good/Fair/Poor‚ 3. Excellent/Good/Average/Poor‚ and 4. Strongly Approve/Approve/Uncertain/Disapprove Strongly Disapprove. I believe that the yes –maybe-no scale is somewhat week unless used
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new plants‚ new products‚ and research development projects are worth pursuing. It is budget for major capital‚ or investment‚ expenditures.[1] Many formal methods are used in capital budgeting‚ including the techniques such as * Accounting rate of return * Payback period * Net present value * Profitability index * Internal rate of return * Modified internal rate of return * Equivalent annuity * Real options valuation These methods use the incremental cash flows from
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