You are a senior manager of “X” Ltd. You have to take a major decision. Discuss what decision you are making and all the factors you are going to consider. How you are going to make the decision? | | Unilever today is a trusted name in both Bangladesh and other parts of the world. Listening to the people‚ who buy our products‚ helped us to grow into one of the world ’s most successful consumer goods companies. In fact‚ 150 million times a day‚ someone somewhere chooses a Unilever product. In the
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initial step in the purchase decision‚ and requires the consumer to perceive a difference between a person’s ideal and actual situations big enough to trigger a decision. In the present scenario‚ Zac has already decided that he wants to purchase a digital camera. Possible reasons for him to arrive at this decision could be: 1) Interest Zac might be a photography enthusiast who has been using film cameras‚ and now wants to try using a digital camera instead. His decision to purchase a new camera would
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MEDIA ON PURCHASE DECISION OF YOUTH INTRODUCTION Youth between 15-30 age group ‚ constitute an important target segment for the different companies. The media has a positive role to play in moulding youth. Media moulds the character of citizens by providing information‚ education ‚ and entertainment to them. There are different types of media used by the companies to influence the purchase decision of the
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The buying decision process * Technical process that a consumer undergoes in deciding the purchase of any product or service. The process includes need recognition‚ information search‚ and evaluation of alternatives‚ purchase decision and post-purchase decision. It occurs within an individual whenever he makes a purchase decision. The length of time of this process varies for each individual. Some make a decision in a split of a second as in a neural network. Others take some time >SYNTHESIZE
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Decision-Making Process MGT/230 October 22‚ 2012 Dr. Claude Toland Decision-Making Process A time in my life in which I had to make a personal decision was when I purchased my first home. It was a hard decision to make because I was single with four children and only one income. I have worked at my job for a year and a half and have recently gotten a raise. I was getting tired of renting and wanted a place of my own for my children. There were several steps that I knew I had to do
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D. Purchase Decision: Buying Value Three possibilities | From whom to buy | * which depends on such considerations * Terms of sale * Past experience buying from the seller * Return policy. | | When to buy | * which can be influenced by * store atmosphere * time pressure * a sale * pleasantness of the shopping experience. | During the purchase decision stage‚ the consumer may form an intention to buy the most preferred
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Abstract The purpose of this research paper is to explore the impact of Cyberlebrities (cyber-celebrities) on influencing consumer purchase decisions. The research will specifically be applicable to Cyberlebrities who endorse beauty products. First‚ secondary research pertaining to the effectiveness of celebrity endorsements‚ youth receptivity‚ beauty products‚ and the relationship between the three variables of likability‚ trust‚ and relationship will be discussed. Thereafter‚ qualitative primary
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core concepts of marketing. (10 marks) QUESTION 2 a) Describe the four (4) types of consumer buying behavior. (10 marks) b) Mr. Kareem is a managing director of a software company and he is planning to purchase a new car for his family. Identify and demonstrate the stages in his buying decision process. (15 marks) c) QUESTION 3 a) Identify two (2) types of the environmental forces that affect the company’s ability to serve its customer. (5 marks) As a new marketing manager working for an automotive
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DECISION-MAKING PROCESS: Decision-making process is a six step process. The stages can be summarized as: (1) identifying and diagnosing the problem‚ (2) generating alternative solutions‚ (3) evaluating alternatives‚ (4) choosing the best alternative‚ (5) implementing the decisions‚ and (6) evaluating the results. Identifying and diagnosing the problem The first stage of decision-making is identifying and diagnosing a problem or opportunity. An opportunity is a special type of problem that required
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There are many ways of greeting people‚ both formal and informal. The speaker’s task is to choose the appropriate one for the situation. It is also useful to know lots of different ones so as to not repeat yourself when you meet a number of people at the same time. As with any other aspect‚ you need to be careful about using informal expressions with people who you do not know well or whose rank or status is higher than yours. General greetings (Formal) Hello! How are you? How are you doing
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