The family is the most important social institution for many consumers, strongly influencing values, attitudes, self-concept, and buying behavior. Explain with an example?

Q: Define income, disposable income, and discretionaryincome. How does each type of income affect…

A: Income refers to the individual's total earning out, which he spends for purchasing products and…

Q: Why should marketers pay close attention to the cultural environment?

A: A marketing environment consists of all internal and extremal factors which impacts the marketing…

Q: dentify the five Own a domes Own a tertiary Own a second

A: Global business, otherwise called worldwide exchange or International business. Something contrary…

Q: How does demand for sustainability in fashion affect the consumer behaviour theory ?

A: Digital media plays an important role in teaching people about sustainable fashion. Social media…

Q: What buying factors are most likely affecting consumers who purchase luxury bottled water?

A: Consumer behaviour is the investigation of people and associations and how they select and use items…

Q: Name a way that your individual family interacts in the markets for the factors of production and a…

A: As my Individual family interacts in the markets for the factors of production - My father works as…

Q: Explain the impact of Older consumers and workers in marketing?

A: Marketing is a process of informing the market about the product or service by the company. There…

Q: what product can you create making your family your market? why?

A: The product,  which can be created by making my family my market is discussed as follows

Q: Analysis millennials consumer habits affecting the market

A: Consumers develop habits based on a variety of goods and services, including their preferred lunch…

Q: Do various demographic or social-strata groups (age, gender, urban/suburban/rural, occupation,…

A: INTRODUCTION: Consumer behavior is the learning of individuals, groups, or organizations and all…

Q: Describehow social viability helps in determining the level of consumer involvement?

A: Social viability is a term used for the various indicators of the support system which assists the…

Q: Discuss how social viability helps in determining the level of consumer involvement

A: Customers are the people or institutions which takes part in the economic exchange with the firm.…

Q: Describe the five social factors thatinfluence consumer behavior.

A: The study of consumer behavior helps a marketer to understand what actions or thoughts does a…

Q: Explain how social visibility helps in determining the Level of Consumer Involvement?

A: The level of customer engagement in a company has an effect on consumer conduct.

Q: Is our product appropriate for male or female consumption? Will ongoing gender role changes affect…

A: Customer is a person who pays for the product consumer is a person who consumes the product finally.…

Q: Analyze the connection between Consumerism and Freedom in the United States. How and why has this…

A: Consumerism refers to the freedom and rights given to the customers in the market. The customers are…

Q: How loyalty helps to increase encourages retailers?

A: Every company's lifeblood is customer loyalty. Customers that are loyal are more likely to make more…

Q: Changing demographics and cultural values are important to marketers. list at least three current…

A: Indeed, that is valid. Changing demographic and cultural values are important to marketers.…

Q: What is Market Society?

A: What is Market Society A society based around whole a market economy, especially one in which…

Q: Give atleast five effects of market Failure in society.

A: Introduction:- In finance, market failure is a scenario characterised by inadequate allocation of…

Q: Describe the subcultures to which you belong.Identify buying behavior that is unique to one ofyour…

A: Subculture is a reference group to which an individual belong and tend to follow the group thoughts…

Q: Discuss the impact of the changing age structure of the population on consumer spending and buying…

A: Segmentation implies making customers allocate a particular group based on their similar interests.…

Q: Identify significant persons, agencies, institutions, etc. for each family member

A: Ecomap can defined as the document that contains the connections between the family members and the…

Q: Describe your lifestyle along those dimensions and identify consumption-related activities based on…

A: Product consumption depends upon the lifestyle and the mannerism adopted by an individual.

Q: How do the dining market and the eating market differ ?

A: The food and beverage industry has to focus more on providing healthy food to customers, thus…

Q: Cultural is the factor that effect consumer buying behavior, According to your understanding of…

A: Cultural is the factor that affect consumer buying behavior,Other factors which play an important…

Q: How would your approach to buying a computer differ from yourparents’ approach? What about buying an…

A: Company is a legal entity which will create value for customers and shareholders. Today there are so…

Q: Why is population growth an important conceptfor marketers?

A: А  mаrketer  is  аn  individuаl  whо  is  resроnsible  fоr  сreаting  аn  invоlvement  сhаin…

Q: discuss why The socio-cultural status of the people based on income has to be considered by the…

A: The consumer purchase decision process refers to the process through which a consumer goes when he…

Q: Define TELEVISION?

A: Television, abbreviated as TV or telly, is a communications medium that transmits moving pictures in…

Q: Which of these is a secondary cultural value? A. food B. fashion C. religion D. love of family

A: Answer is option B ; Fashion

Q: Which are the three economic areas of greatest concern to most marketer?

A: A market is an environment where the buyer and seller will interact with each other exchanging…

Q: Consumer purchases are influenced by cultural, personal, and psychological characteristics. O A.…

A: The consumer purchase behavior refers to the actions and thoughts that a customer makes and goes…

Q: One visit to a supermarket: what are The effects of consumer culture on peoples choices.

A: Consumer Behavior is the study of principles and patterns associated with the buying decisions of…

Q: Give a real-life example of the impact of socio-economic factors on consumers.

A: Consumers can be defined as the set of people who purchase products and services and consume them…

Q: Discuss why the 3 economic areas of consumers inflation, income and recession are of greatest…

A: Macro environmental elements are beyond the business's control and have no direct impact on it.…