Preview

Mr. Sun

Better Essays
Open Document
Open Document
2889 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mr. Sun
Module Code: PM002

Class/Group: Group C

Module Title: Research Design and Critique

Assessment: Full Research Proposal

Assignment Title: An investigation into the factors that influence the Glaswegian public’s choice of car.

Student ID Number: 2059626

Date of Submission: November 29th, 2012

An investigation into the factors that influence the Glaswegian public’s choice of car.

Rationale
The number of automobiles had risen to over 1 billion vehicles all the world in 2010, which is 20 times more than this number in 1986(Sousanis, John,2011). Car plays a indispensable role in today's society, according to a survey from World Bank(2011), the number of ownership of motor vehicles per 1,000 people is more than 500 in most of developing countries, especially for Monaco, the number was 908(World Bank Data,2009). Although cars have become more and more commonplace, but the cars are still expensive commodity, also there is no doubt that the final decisions are usually made after careful consideration when people purchasing a car(Kathuria, Singla,2012). At the same time, as the vehicle types supplied to be chosen by consumers have become more and more various. When consumer facing with abundant of choices, they become more and more confused and irresolute. With the segmentation of automobile market, the factors that affect the public' car choices are more and more diversified.

According to Couton et al.(2006), various studies have applied hedonic price modeling to show that price variation among new cars can be explained by differences in key product characteristics such as horsepower, engine capacity, speed, and safety features. However, these measurable variables may not be the main explanatory factors which will influence the choice of consumers. Based on the above mentioned content, this research will focus on the decisive factors which will impact the public's final choice of car, especially in the



References: Andersson, H. (2005), “The value of safety as revealed in the Swedish car market: an application of the hedonic pricing approach”, The Journal of Risk and Uncertainty, Vol. 30 No. 3, pp. 211-39. Baltas,G., Saridakis,C. (2009), Brand-name effects, segment differences, and product characteristics: an integrated model of the car market, Journal of Product & Brand Management, 18(2),pp.143 –-151. Belk,R. (2006), Handbook of Qualitative Research Methods. Northampton: Edward Elgar. pp.322. Bell, J. (2010). Doing your research project, 5th edition. Berkshire: Open University Press.pp.148-152. British Sociological Association,(2004), Statement of Ethical Practice for the Sociological Association. pp.2-7. Bryman,A., (2012). Social Research Method, Fourth Edition, Oxford: Oxford University Press Business Dictionary, Ethical Issue, Retrieved 21 November 2012 from http://www.businessdictionary.com/definition/ethical-issue.html Couton,C., Gardes,F. And Thepaut,Y. (1996),Hedonic prices for environmental and safety characteristics and the Akerlof effect in the French car market. Applied Economics Letters, Vol. 3, pp. 435-40. Dharmaraj,C., Sudhahar, C.J.,(2010). Brand Preference Factors of Passenger Cars: An Empirical Assessment, Indiana University Press, The IUP Journal of Brand Management, 7(3),pp.19-33. Golafshani,H.(2003),Understanding Reliability and Validity in Qualitative Research,The Qualitative Report, 8(4).PP.597-607. http://www.nova.edu/ssss/QR/QR8-4/golafshani.pdf Kathuria,L.M., Singla,V.,(2012) Purchase of Pre-Owned Small Cars in India: An Exploratory Study, The IUP Journal of Marketing Management Reis, H.J., Silva,S.,and J.M.C. (2006), Hedonic price indices for new passenger cars in Portugal (1997-2001), Economic Modelling, Vol. 23, pp. 890-908. Randol,E., Bucklin,S., and Siddarth, Jorge M. Silva-Risso,(2008), Distribution Intensity and New Car Choice, Journal of Marketing Research, Vol. 45(3), pp.473-496. Saunders,M., Lewis,P., and Thornhill,A. (2009), Research Methods for Business Students. Fifth Edition. Essex: Prentice Hall. Sousanis, and John,(2011), World Vehicle Population Tops 1 Billion Units, Wards Auto. Retrieved 17 Nov. 2012,From http://wardsauto.com/ar/world_vehicle_population_110815 Banerjee, S.(2010) ,“Study on Consumer Buying Behavior During Purchase of a Second Car” , Journal of Marketing & Communication ,6 (2),pp.4-13. White, R. (2004), How people buy cars, Admap, February, pp.15-17. White, R. (2006), Advertising cars, Admap, July/August, pp. 14-15.

You May Also Find These Documents Helpful

  • Powerful Essays

    In the past five years, all of the domestic and global car manufacturers were struggling with the contraction of car demanding. Due to the fears of the future economy, customers postponed to purchase new vehicles in the world. In Australia, smaller and more fuel-efficient cars started to be the first choice for the local consumers while the main stream of the market is second-hand vehicle. Because of these reasons, the sales value of the core products of Holden which traditionally known as large, powerful and fuel-inefficient are declining (Ibisworld 2013).…

    • 1593 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    The test hypothesis that price is dependent on whether the car is convertible is superior to the other hypothesis tests conducted. The analysis performed showed that the test hypothesis with the smallest P-value was favorable, convertible cars had the smallest P-value.…

    • 1667 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Res/341 Data Collection

    • 1381 Words
    • 6 Pages

    Another peer-reviewed article was in regards to the searching strategies people used before actually purchasing a new vehicle. Not everyone can walk into a dealership and know exactly what they are looking for in their price range and it is readily available. That is why most people before purchasing a vehicle use a strategy before purchasing. Not everyone’s search strategies are the same, not everyone is looking for the exact type of vehicle. Some automobile companies sent out surveys to some of their customers for a 3 month span to see how satisfied they were with the new vehicles and what the new vehicle may not have had that the consumer would have liked. When the surveys were returned they categorized the responses to see where improvements could be made to accommodate more people.…

    • 1381 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Hirsh, Evan, Steve Headlund, and Mark Schweizer. "Reality Is Perception: The Truth about Car Brands." Strategy+business. N.p., Fall 2003. Web. 22 Sept. 2014. http://www.strategy-business.com/article/03302?pg=all…

    • 2132 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Hedonic methods are now being using for other categories such as personal computers, televisions, VCR’s, major appliances, and even college textbooks. Larger numbers are being recorded to expand the samples, and provide a larger database for hedonic regressions. At the most general level, the hedonics function describes observed market prices of heterogeneous goods, and the amount of characteristics these goods embody.…

    • 532 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The market size for convertibles (both in terms of sales of imports & U.S. Production) increased from year 1982 to 1988. Overall Size, Sportiness, and price tended to define the traditional automobile segments. The Miata fell into the subcompact speciality category which included models such as Pontiac Fiero and Nissan Pulsar. Analyses of consumer’s demographics reveal that people Less than 45 years of age represented 58% of first time new car buyers. 57% of car buyers Under 25 years of age and 61% of those having a household income of less than $ 30,000 were females. Therefore, the target consumer must be young people and especially young females. Target demographic was car lovers, in particular a sporting car lovers.…

    • 540 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Car Brand(DV), Per Capita Income(IV), Car Sales(DV), Low Interest Rate(MV), Buyer’s Age(IVV), Gender(IVV), Competitor Advertising(MV), Competitor Dealer Discount(MV), Introduction of Competitor models(MV)…

    • 500 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Since there is no central retail location where one can purchase any brand of vehicle they want, three dealerships were surveyed for price information for each brand of vehicle included in this study. Surveying three dealerships for pricing for the same car allows us to not only see the price differences from one dealership to another but also allows us to compare the price of that vehicle with another from a totally different make. See Appendix I for the results of the survey.…

    • 1434 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    References: llen, L,(2008). ProQuest. Automotive News: U.S. entering green-technology raceVol. 82, Iss. 6292; pg. 36, 1 pgsConsumers Reports.Org. (2008). Toyota and Honda top automotive brands in consumerperception. Consumer Reports car brand perceptions survey reveals the leaders in seven important categories. Viewed online on 6/10/08 retrieved from http://www.consumerreports.org/cro/cars/new-cars/news/2008/01/brand-perceptions/overview/brand-perceptions-top-5.htmJenkins, H. (2006). ProQuest. Wall Street Journal. (Eastern edition). New York, N.Y.:Oct 4, 2006. pg. A.15 Viewed online on 6/11/08Pearce, Robinson. (2004). Implementing Strategy. The McGraw−Hill Companies 9th edition,UOP resourcesVan P, (2008). Financial Post, Gas prices to double by 2012: economist. Viewed online andRetrieved on 6/12/08 from http://www.financialpost.com/story.html?id=469426Wilson, A.(2008) Downsizing Arrives - with a vengeance. Automotive News.…

    • 7262 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Ford Ka Hbs Case

    • 1779 Words
    • 8 Pages

    The overall market in France, in 1995, was segmented almost exclusively by primary demographics. The industry served this market with ten different product categories breaking cars down by economy, size, features, and utility. However, during the 1980s and early 1990s, changes in French tax law raised the price of fuel dramatically, making smaller, more fuel-efficient cars more desirable. This effect was amplified by increased road congestion, parking difficulty in urban areas, and a growing number of women drivers, leading a new trend for smaller cars to be increasingly popular choices for drivers at all income levels. By 1995, 71.7% of all cars sold were in the mini, small, or lower medium car categories. This rapid movement of customers to the small category attracted drivers who had been accustomed to the premium features of the mid-sized and large cars. Their demand drove the development of small cars that would have the features, performance, or handling characteristics that customers preferred. Four new product categories emerged within the small car category matched to customers’ needs: A—economy, practical; Basic-B—stylish, good value; Trend-B—high performance, features; Other-B—luxury and sports derivatives.…

    • 1779 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Foreign vs. Domestic

    • 554 Words
    • 3 Pages

    Consumers hold the key, which unlocks an industry’s decision to produce a certain product. This key is consumer demand. Consumer demand drives competition and controls the popularity and success of a product. In the automobile industry in America there is heavy competition. The automobile industry in America struggles to compete with foreign automobiles. The divide is strong and many Americans are purchasing foreign vehicles over domestic vehicles. This division creates a challenge for U.S. automobile makers to understand better what consumers favor. In a 2007 poll only 17% of current or potential car owners preferred foreign cars, 39% said they prefer to buy American cars, and 44% said it makes no difference. The poll also indicated that 85% of foreign car owners said they were very satisfied with their cars (Associated Press, 2012). In this research project the goal is to discover the purchasing decisions of consumers. The results will reveal the current consumer demand on foreign vehicles over domestic vehicles. The parameters of this project will stretch from 2008-2012 and capsulate research during this five year timeframe.…

    • 554 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Chapter 5: Discussion 5.1 Introduction 5.2 Key Drivers Influencing Consumers’ Perceived Value 5.2.1 Financial Value 5.2.2 Functional Value 5.2.3 Individual Value 5.2.4 Social Value 45 45 45 45 46 47…

    • 14152 Words
    • 57 Pages
    Powerful Essays
  • Good Essays

    Analysis of Purchase Perc

    • 11812 Words
    • 48 Pages

    The group having completed the task of evaluating the Consumer Behaviour of Small Car Buyers in India hereby summarizes the entire study. The objectives before the investigating team were broadly categorized into nine broad heads each thought to be instrumental when a prospective small car buyer goes out to purchase a car.…

    • 11812 Words
    • 48 Pages
    Good Essays
  • Powerful Essays

    Miss

    • 8884 Words
    • 36 Pages

    The automotive industry is undoubtly an area that has significant effects concerning to the world economy as well as influencing every household world wide. Changes in the supply and demand of automobiles impact the current and future purchases of consumers. Consumers must determine the budget that they can allocate to certain necessities. Because most consumers have a limited budget, the budget spent on transportation it limited. Since numbers of industries have an influence on the economy, the automotive industry has potential impacts exceeding that of other industries.…

    • 8884 Words
    • 36 Pages
    Powerful Essays
  • Powerful Essays

    Plug-in Hybrid and Prius

    • 882 Words
    • 4 Pages

    When the Prius was introduced in the US, it was quite shocking that it became such a big hit. The US auto market had been dominated by SUV’s for quite some time, and it seemed that a car that was small, slow and lacked power wouldn’t be attractive to American consumers. The advanced technology was very attractive to the “early adopters” and the consumers were willing to pay over the asking price to get a Prius. When gas prices soared so did the demand for the Prius.…

    • 882 Words
    • 4 Pages
    Powerful Essays