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Time And Consumer Behavioral Relationship


Time And Consumer Behavioral Relationship
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Time And Consumer Behavioral Relationship


Time And Consumer Behavioral Relationship
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Author : Johnny Ch LOK
language : en
Publisher:
Release Date : 2020-04-04

Time And Consumer Behavioral Relationship written by Johnny Ch LOK and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-04 with categories.


HOW AND WHY DOES TIME INFLUENCE CONSUMER BEHAVIOR?In consumer choice process, time is one main factor to influence their purchase decision, includes advertisement time is either long or short factor. Over the past 20 years, many researchers believe to apply behavioral economic macroeconomic models which can predict market behavioral change. The reasons are based on assumptions of optimizing behavior in many cases have difficulty accounting for key real-world observations. Hence, researchers have used behavioral economics assumptions with the aim of making their model predicting better fit the data. The reason for behavioral economics results into macroeconomics will be more accurate to predict market behavioral change in macro-economy view point, such as economic fluctuation prediction, the consumption, formation of expectations and determination of wages and employment how to aggregation supply and the possibility of consumer individual demand product or service number prediction more accurately.⦁How to apply behavioral economy theory to predict marketing behavioral changes more accurate?Anyway, economists aim to develop models of human behavior and interactions in market in order to build useful models. Economists make simplifying assumptions to analyze why the market will be changed by consumer individual consumption behavior changing.Why do I assume consumers are as economic man ? In behavioral economy view point, how the perception of the economic man's behavior (including consumer choices) of economic models with the development of economics as a science. Economists explain the concept of economics as a science. It is the concept of consumer as an economic man, the essence and complexity of consumer behavior.The consumer and consumer purchasing behavior are an important area of interest of many scientific disciplines. The process of economic decision making as well as consumption choices are connected with wider human activities. The terms of both consumer individual attitudes and group social behavior will influence group social behavior will influence consumer individual final consumption decision in every consumption choice process. Thus, behavioral economy method can predict consumer behavioral changing, it can apply these sciences to research, includes sociology, psychology, anthropology, operational research, decision theory etc. different literature research aspects. I assume that businessmen can apply behavioral economy method to predict market changing behaviors successfully if they own behavioral economy knowledge.In this part, I shall concentrate on explain how the perception of the economic man's behavior ( including consumer choice) is applied to predict market behaviors. After explaining the concept of consumer as an economic man, the nature and complexity of consumer behavior are discussed to below different industries' marketing behavioral changing every case studies in US or UK countries.Why is consumer as an economic man? IN behavioral economy view point, the concept of answer is one of the fundamental concepts in economics because the consumer is the case market participant along with the producer. In general, lecturers define the consumer in various ways, but in behavioral economy view point, consumers mean economy man. Because who will compare cost and benefit to any product or service to decide to choose to buy the product or consume the service. Consumers are as "economic man", who will make own subjective preferences ( tastes), habits and traditions and existing objective constraints ( i.e. disposal income) market prices of products and services in order to satisfy whose needs to a maximum degree and in the most rational way.



Time And Environment Factors Influence Consumer Behavior And Psychological


Time And Environment Factors Influence Consumer Behavior And Psychological
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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2019-11-10

Time And Environment Factors Influence Consumer Behavior And Psychological written by Johnny Ch Lok and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-10 with categories.


What consumption is most influenced in preference choice by time pressureWhat kinds of services or products are most influenced to consumer behavioral change by time pressure? Can time pressure factor influence more preference to other factors, such as age, culture, income level, habitual shopping, family or friend relationship etc. factors to influence consumer behavioral choice to these kinds of services or products in consumption market? I shall indicate some kinds of services or products consumption models to explain how time pressure can influence consumers to choose to consume its services or buy its products.Firstly, for theme park entertainment industry example, has it time pressure to cause any theme park visitors, e.g. Walt Disney entertainment theme park to influence them to feel time pressure to enjoy their emotions to play any entertainment machine facilities and it brings negative emotion to choose the entertainment theme park entertainment consumption activities.For Walt Disney entetainment theme park example, every visitor needs to pay a fixed ticket fee to enter Disney theme park. So, however, he/she chooses to play how many number of entertainment activities facilities, e.g. only one entertainment playing facility, or more than one entertainment playing facilities. The Disney visitor needs to pay the same ticket fee to enter Disney. So, it will cause th visitors feel unfair, they do not choose to play any entertainment facilities or play only less number of entertainment facilities. Because they need to pay the same ticket price to same to the visitors, who choose to play many entertainment facilities number in Disney. So, it brings this question: Does the Disney visitor feel time pressure when he/she chooses to play many number of entertainment facilities, but he/she will not enjoy to carry on other activities in Disney, e.g. shopping, visiting cinema to watch movies, walking around the whole Disney anywhere to view scene activities. Because US Disney entertainment theme park is very large . It has not only entertainment facilities to attract visitors to play. It has many places are value to visitors to visit or enjoy the other free charge entertainment activities, such as visiting Disney gardens, visiting ocean park, visiting Disney cinema to watch free movies, view scene or seeing free charge ocean animal performance shows, going to Disney shopping centres to shopping, visiting Disney library to read books, visiting Disney ocean park to view different kinds of beautiful fishes non-entertainment machine facility playing activities. All of these activities are value to any Disney visitors to choose to play or visit, instead of entertainment machine facilities activities. So, if one visitor hopes only to spend one day in US Walt Disney entertainment theme park. He/she will feel hurry to choose to play any machine entertainment facilities, or he/she won't choose any machine entertainment facilities to play in Disney because he/she also hopes to play other non-machine entertainment facilities activities, e.g. visiting garden, visiting ocean park, visiting library, visiting cinema to watch free movies, visiting garden to play free charge boats water entertainment activities, watching ocean animal show performance etc. different kinds of entertainment activities, even walking around anywhere fun and excite places in Disney theme park. Hence, the Disney visitor will feel time pressure to choose either playing any kinds of entertainment machine facilities or visiting different places in the whole one day in Disney.



The Relationship Between Time Pressure And Consumer And Teacher And Organizational Behaviors


The Relationship Between Time Pressure And Consumer And Teacher And Organizational Behaviors
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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2019-11-28

The Relationship Between Time Pressure And Consumer And Teacher And Organizational Behaviors written by Johnny Ch Lok and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-28 with categories.


Time pressure consumption decisionmaking process characteristicsHow we can predict or know the consumer time pressure in whom decision making process? Will it bring advantages or disadvantages to influence the businessmen benefits? I shall indicate some different consumption situations or environments to explain what will be impacted to sale number is increased or decreased to businesses when the consumer feel time pressure to avoid whom behavioral consumption to the product or the service.Firstly, I shall explain that what effects of product popularity and time pressure on online shopping behaviors are . Electronic ecommerce is popular to any countries, in special, US, UK, China large areas countries, because when one customer feels need to spend one hour even more time to catch any transportation tool to arrive the shop to buy the kind of product. Then, due to far distance reason, he/she will choose to apply internet to buy the kind of product . If the seller has website to let the consumers to choose online shopping. However, it seems that online shopping behavior can reduce the consumer individual time pressure, when he/she feels need to catch any kinds of transportation tool to arrive the shop to buy the product. Moreover, when the consumer can turn on home computer to enter its website to choose the styles of the kind of products, which one is the most suitable to choose. He/she can spend time to search the different styles kinds of product information to compare and evaluate which brand of product will b whose purchase choice easily at home. Hence, in psychological view, he/she can feel that spending time to search information from internet behavior which is more valuable and it can bring more economic benefit to make final purchase decision more than the behavior of spending long time to catch any transportation tools to visit the shop. Moreover, it is possible to bring failure risk that he/she wastes time to catch any transportation tools to visit the shop if he/she can not find any one of suitable product(s) to choose to buy. Hence, it seems the online shopping can influence the consumer reduced time pressure and wastes time to do any shopping decision.This is online shopping's attractive strengths to the consumers when they need to spend long time to catch any kinds of transportation tools to visit the shop or when the consumer feels hurry to do other important matters, he/she can not allow himself/herself to spend long time to do his/her visiting the shop behavior. Moreover, another online shopping's advantage is that product popularity can be perceived by examining the information pre sended on websites. For example, research on online reviews confirms the review quantity presented with products become positively influences to consumers' purchase intention and it can persuade the online visitor can make decision to buy the product when he/she has enter the seller's online website to find the most suitable product to choose to buy more easily. Hence, it seems that it is more easy to persuade the online visitor to make final purchase decision more than visiting the shop, when the online visitor can attempt to do the click mouse behavior to enter the seller's online shop, such as website. Then, he/she will be influenced to view the seller's different kinds of colorful and attractive product pictures from the seller's website. Consequently, it has much opportunity to persuade the consumer to do the final purchase decision. if the seller's website is attractive to persuade him/her to visit its website to find any new products more than five times, even tem times or every weak several times, even day one time frequently visiting behavior from internet channel. Hence, due to internet is convenient tool to let consumers to find any product information from the seller's website at home or public library, computer, or mobile phone.



How Behavioral Time Method Explains And Predicts


How Behavioral Time Method Explains And Predicts
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Author : Johnny Ch Lok
language : en
Publisher: Independently Published
Release Date : 2019-05-27

How Behavioral Time Method Explains And Predicts written by Johnny Ch Lok and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-27 with categories.


The another time dominates consumption behavior case is that time rich or time poor factor, e.g. one fast food famous restaurant, its success is not only due to its fast food good taste factor, its restaurant location whether is close to the time poor people's offices, it is one main factor. Because this fast food famous restaurant only choose to build its restaurants to close to offices in any large cities in different countries. Hence, the franchisees need to pay expensive franchise loyalty income to buy its franchise in order to it can supply fast foods to the franchisees to sell, but they also need to pay expensive rent to this fast food franchiser, due to their fast food restaurant locations has been chose to locate in the main cities in different countries from the fast food famous restaurant's location decision. Hence, whether long or short time fast restaurant rent period to the franchisees, which can dominate the fast food restaurants's royalty and rent income. For example, if one fast food franchisee only sign one year contract to buy the fast food franchisor's loyalty to help it to sell its fast foods only one year, because it does not ensure how many fast food consumers will choose to buy these fast foods to eat, due to its price is decided by the fast food franchisor. If the cities have other fast food restaurants to let them to choose, they may find other fast food restaurants to replace it to eat fast foods very easily. If this fast good restaurant is not the most famous and it operates only short time. So, it can not earn more fast food franchisees' confidence to accept to pay long time rent to operate its fast food restaurants in cities and pay long time royalty fee to it. Otherwise, if the fast food restaurant had operated its restaurant for a long time period to raise its fast food loyalty's to let many different countries' fast food eaters to familiarize or acknowledg its fast food brand in popular. So, long fast food opersation time can confirm that it has many fast food eaters, they prefer to choose to eat its fast foods. It can increase the franchisees' confidence to choose to rent its fast food restaurants and pay royalty to it in preference. Hence, the fast food franchisor's restaurant operation time whether it is long or short time, this franchisor's fast food restaurant operating time pressure factor will dominate the fast food franchisees' choices to decide to pay how long rent sand franchise royalty income to rent its restaurant to do the franchisee's fast food business in the cities locations in different countries. So, it seems that the fast food franchisor's business operation time can dominate the frahchisees' choice. In special, in fast food industry, time rich and time poor consumers behavior will dominate their fast food choices. Time rich people feel they have enough or too much time when time poor people feel time is a major constraint in their daily life. The explansion of the fast food business, and the increase eatting of fast food are indicators of this trend. At the same time, shorter working hours increased wealth and less pressure on domestic rountines have opened up new segments of leisure consumption. But, " free time" in certain areas has not for many people, lead to an increases feeling of time richness.



How Behavioral Time Method Explains And Predicts


How Behavioral Time Method Explains And Predicts
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Author : Johnny Ch Lok
language : en
Publisher: Independently Published
Release Date : 2019-05-19

How Behavioral Time Method Explains And Predicts written by Johnny Ch Lok and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-19 with categories.


Discuss the relationship between mobile advertisingand other elements of the promotion in campaignplanning.Mobile advertisement defines as the use of the mobile medium, it is as a communications and entertainment channel between a brand and an end user. In basic terms, it is the process of planning and execution conception, pricing, promotion and distribution of products and services through the mobile channel. Advertising is a form of communication intended to convince an audience ( viewers, readers or listeners) to purchase or take some action upon products, information or services etc. The relationship between independent variables elements and mobile advertising which are environmental response and emotional response with behavioral aspect of consumer buying behavior with mobile advertising. It is time that people purchase those brands with which who are emotionally attached elements. Almost every one grows up in the world which is flooded with the mass media, e.g. television, films, videos, magazines, movies advertising and internet channel is either mobile advertising or computer advertising. Advertising is a subset of promotion mix which is one of the 4'p in the marketing mix, i.e. product, price, place and promotion. As a promotional strategy, advertising serve as a major tool in creating product awareness in the mind of a potential consumer to take eventual purchase decision. Advertising, sales promotion and public relations are mass communication tools available to marketers. Telecommunication technology, such as mobile advertising enables business and industry to grow at a faster pace when contributing to the economic development and at the same time telecommunication infrastructure can be reliable. Cellular phone industry has been one of the profitable businesses in Asian. The country's growing population and huge demand potential have always been an attraction for many high-technological multinational companies. Societies used symbols and pictorial signs to attract their produce users. There elements were used for promotion of products. A company can't make dream to be a well known brand until which invests in their promotional activities for which consumer market have been dominating through advertisements. As the primary mission of advertiser is to reach prospective customers and influence their awareness, attitudes and buying behavior.The major aim of advertising is to impact on buying behavior, however this impact about brand is changes or strengthened frequently in peoples' memories. Memories about the brand consist of their associations that are related to brand name in consumer mind. These brand cognition influence consideration, evaluation and finally purchases. The promotion in campaign planning to mobile advertising focuses on young people because who choose advertising information and characters as whose role models, who may not only identify with them but also intend to copy them in terms of how who dress and what who are going to buy



Time Factor Influences Consumer Behavior


Time Factor Influences Consumer Behavior
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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2019-07-30

Time Factor Influences Consumer Behavior written by Johnny Ch Lok and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-30 with categories.


We have four main factors that affect consumer behaviour they are;1.Consumer Behaviour - Cultural factors .Culture plays a very vital role in the determining consumer behaviour it is sub divided in.‧Culture is a very complex belief of human behaviour it includes the human society, the roles that the society plays, the behaviour of the society, its values customs and traditions. Culture needs to be examined as it is a very important factor that influences consumer behaviour.‧Sub-CultureSub-culture is the group of people who share the same values, customs and traditions. You can define them as the nation, the religion, racial groups and also groups of people sharing the same geographic location‧Social Class Society possesses social class; in fact every society possesses one. It is important to know what social class is being targeted as normally the buying behaviour of a social class is quite similar. Remember not just the income but even other factors describe social class of a group of consumers.2.Consumer Behaviour - Social Factors Social factors are also subdivided into the following‧Reference groupsUnder social factors reference groups have a great potential of influencing consumer behaviour. Of course its impact varies across products and brands. This group often includes an opinion leader.‧Family The behaviour of a consumer is not only influenced by their motivations and personalities but also their families and family members who can two or more people living together either because of blood relationship or marriage.‧Role and status People who belong to different organizations, groups or club members, families play roles and have a status to maintain. These roles and status that they have to maintain also influences consumer behaviour as they decide to spend accordingly.3.Consumer Behaviour - Personal factors A number of personal factors also influence the consumer behaviour. In fact this is one major factor that influences consumer behaviour. The sub factors under personal factor are listed below.‧Age and life cycle stageAge of a consumer and his life cycle are two most important sub factors under personal factors. With the age and the life cycle the consumers purchase options and the motive of purchase changes, with his decisions of buying products change. Hence this stage does affect consumer behaviour.‧OccupationOccupation of a consumer is affects the goods and services a consumer buys. The occupations group has above average interest in buying different products and services offered by organizations. In fact organizations produce separate products for different occupational groups.‧Financial or economic situations Everything can be bought and sold with the help of money. If the economic situation of a consumer is not good or stable it will affect his purchase power, in fact if the consumers or the economy of a nation is suffering a loss it defiantly affects the consumers purchase or spending decisions.‧Life stylePeople originating from different cultures, sub cultures, occupations and even social class have different styles of living. Life style can confirm the interest, opinions and activities of people. Different life styles affect the purchase pattern of consumers.



The Relationship Shopping Time And Consumer Behavior


The Relationship Shopping Time And Consumer Behavior
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Author : Johnny Ch LOK
language : en
Publisher:
Release Date : 2020-07-03

The Relationship Shopping Time And Consumer Behavior written by Johnny Ch LOK and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-03 with categories.


⦁How and why time limiting pressure influences consumer choiceCan consumer buying decisions be influenced by time limiting pressure. For these three situations, they will influence consumer hoe makes different buying decision, e.g. in the little time available, but the consumer needs to do more effort needed to choose to buy which kind of product among variety kinds of product choice or in a moderate amount of time available, or a considerable amount of time available. In this first situation, the consumer can not real attempt to find any weaknesses or unique characteristics of the products, because it has no enough time to allow whom to choose. So, his/her product evaluation won't be th most accurate to satisfy his/her needs because little time can only allow him/her to find some weaknesses of the products. Otherwise, in the final situation, because the consumer has a considerable amout of time to allow him/her to attempt to find the weaknesses and/or strengths characteristics of the products choice. So, he/she ought do the more reasonable or accurate evaluation of these products to choose the most effective economic beneficial product to buy. Thus, it seems that time limiting pressure factor can influence the consumer to make more rational or more reasonable economic beneficial consumption decision making to buy the product or consume the service. Thus, a consumer buying decision will require these situations to do buying decisions, they may include either little time and conscious effort or a moderate amount of time and effort or a considerable amount time and effort. The products may include cheap products/services , e.g. fruit, DVD, university courses, computers, facial services, surgeries, sport shoes, reference books, soft drinks, magazines as well as expensive products/services, e.g. cars, houses, luxury goods, e.g. jewellery, female hand bags, holiday travelling entertainment. So, any expensive or cheap products or services, the consumer will need to spend either little or moderate or considerable amount time to do gathering information about the different kinds of products or services in order to find which brand of product or service can bring more economic benefit when he/she chooses to use the product or consume the service. He/she will compare his/her preference sample brands limiting number of products or services choices to decide to buy the brand of product or consume the brand service easily. However in the consumer's consuming decision making process, he/she will need to spend either little or moderate or a considerable amount of time to do the evaluation and choice consumption behavior. It means that time limiting pressure factor will influence the consumer how to make consumption choice consequently.What are the impacts of reduced branding on consumer choice and time limiting pressure to influence consumer behavior? When one consumer needs to choose products to buy one in a time limiting pressure consumption environment, when branding on packaging is reduced, e.g. the brand of product has 10 different style of packages to let consumer choice, but it reduces to only 5 different style of packages to let consumer choice. How does it influence the consumer decision making when the consumer has little time to allow to choose these 5 different style of packages ? For example, when the consumer expects to spend only 10 minutes to choose any one style of package to buy drom this brand product. Currently, this brand of product has reduced different style of packages number from 10 to 5. Do you feel that the consumer will feel easy to do decision making to choose to buy the most attractive style of package product from this brand's 5 different style of packages choices? Is 10 minutes consumption choice time enough to let the consumer to make final purchase decision from these brand's 5 different style of packages choice?



Consumer Organizational Time Psychology


Consumer Organizational Time Psychology
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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2019-07-28

Consumer Organizational Time Psychology written by Johnny Ch Lok and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-28 with categories.


What consumption is mostinfluenced in preference choiceby time pressureWhat kinds of services or products are most influenced to consumer behavioral change by time pressure? Can time pressure factor influence more preference to other factors, such as age, culture, income level, habitual shopping, family or friend relationship etc. factors to influence consumer behavioral choice to these kinds of services or products in consumption market? I shall indicate some kinds of services or products consumption models to explain how time pressure can influence consumers to choose to consume its services or buy its products.Firstly, for theme park entertainment industry example, has it time pressure to cause any theme park visitors, e.g. Walt Disney entertainment theme park to influence them to feel time pressure to enjoy their emotions to play any entertainment machine facilities and it brings negative emotion to choose the entertainment theme park entertainment consumption activities.For Walt Disney entetainment theme park example, every visitor needs to pay a fixed ticket fee to enter Disney theme park. So, however, he/she chooses to play how many number of entertainment activities facilities, e.g. only one entertainment playing facility, or more than one entertainment playing facilities. The Disney visitor needs to pay the same ticket fee to enter Disney. So, it will cause th visitors feel unfair, they do not choose to play any entertainment facilities or play only less number of entertainment facilities. Because they need to pay the same ticket price to same to the visitors, who choose to play many entertainment facilities number in Disney. So, it brings this question: Does the Disney visitor feel time pressure when he/she chooses to play many number of entertainment facilities, but he/she will not enjoy to carry on other activities in Disney, e.g. shopping, visiting cinema to watch movies, walking around the whole Disney anywhere to view scene activities. Because US Disney entertainment theme park is very large . It has not only entertainment facilities to attract visitors to play. It has many places are value to visitors to visit or enjoy the other free charge entertainment activities, such as visiting Disney gardens, visiting ocean park, visiting Disney cinema to watch free movies, view scene or seeing free charge ocean animal performance shows, going to Disney shopping centres to shopping, visiting Disney library to read books, visiting Disney ocean park to view different kinds of beautiful fishes non-entertainment machine facility playing activities. All of these activities are value to any Disney visitors to choose to play or visit, instead of entertainment machine facilities activities. So, if one visitor hopes only to spend one day in US Walt Disney entertainment theme park. He/she will feel hurry to choose to play any machine entertainment facilities, or he/she won't choose any machine entertainment facilities to play in Disney because he/she also hopes to play other non-machine entertainment facilities activities, e.g. visiting garden, visiting ocean park, visiting library, visiting cinema to watch free movies, visiting garden to play free charge boats water entertainment activities, watching ocean animal show performance etc. different kinds of entertainment activities, even walking around anywhere fun and excite places in Disney theme park. Hence, the Disney visitor will feel time pressure to choose either playing any kinds of entertainment machine facilities or visiting different places in the whole one day in Disney.



Work Psychology Influences Consumer Psychology And Behavioral Relationship


Work Psychology Influences Consumer Psychology And Behavioral Relationship
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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2019-11-08

Work Psychology Influences Consumer Psychology And Behavioral Relationship written by Johnny Ch Lok and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-08 with categories.


⦁suggestion of time pressure reducing methodWhat do you suppose is really causing the problem between Helen and Tom when they feel time pressure to work together? Explain?I should recommend this film company needed to adapt the circle or the all channel patterns communication network in its organization. I suppose this film company had many movies to produce at the same time and it was needed more staffs to finish different films in the limited time and it caused the management staffs would not have any time to discuss what kinds of staff problems would encounter in different departments easily.Moreover, it lacked downward communication to low level staffs and studio executive president had not met the makeup department manager and Tom, actor and Helen, producer and director of the film to discuss what their demands were before Tom began to work in the first day. However, studio executive presidents ought communicate to subordinates ( actors, producer and director of films, makeup department managers ), to provide job instructions, information on organization policies and performance feedback to let them know. Downward communication would be the best way to inform associates about the film company organization's goal and about changes faced by it because this film company had encountered its different departments' conflicts, such as makeup, marketing, design departments as well as staff's individual conflicts, such as Helen, movie director and Tom, actor whose conflicts. In conclusion, this movie company indicated that Helen, director of the movie complained to studio executive president because who felt dissatisfaction and disagreement Tom, actor' personal behaviour and poor role performance. Hence, this team two staffs who could not build good co-operational relationship to work together to cause whose conflicts in this movie team work because who lacked effective communication before Tom started to work first day.Discuss the problems between set design and wardrobe and those with the market department in time pressure working environment.After few weeks, problems began to arise. Arguments came between the set design staff and wardrobe. They felt that the sets and costumes didn't match. Some thought colours clashed at times. Each group blamed the other, whether whose fault it was. Later, makeup department staffs explained who were being asked to work unreasonable hours.



How Behavioral Economic Method Explains And Predicts


How Behavioral Economic Method Explains And Predicts
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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2019-07-18

How Behavioral Economic Method Explains And Predicts written by Johnny Ch Lok and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-18 with categories.


Reducing time pressure consumptionmethodsHow can sellers persuade consumers to choose to buy their products or consume their services in time pressure environment easily? It is a valuble research topic to concern how to know how consumer individual decision making to spend his/her available resources ( time, money and efforts, or consumption relatd aspects) as well as how any why he/she chooses the preference brand to buy its any kind of products or consume its services, when he/she chooses to buy the brand of products or consume its services? Hence, marketers need to obtain an indepth knowledge of consumer buying behavior.In any buying process, time factor will have about 10 % to 40 % to influence consumer decision. When the consumer feels hurry to consume, e.g. planning to go to travel, when he/she needs to choose to buy which airline's air ticket and what day and time is the right air ticket prebooking purchase decision right time choice; or enrolling which school to be choosed course to study decison, e.g. how long time is needed to be choose which school is the most suitable to provide the most suitable courses studying choce change; purchase warm clothes to wear in winter, when is the suitable time to choose to buy the cheaper warm clothers to prepare to wear in winter, e.g. Jan to Mar., April to June, July to Aug. month; when is the most suitable time to buy another new house to live, when the property consumer( buyer) has lived present house for long time, e.g. three years or more. All of these issues will include time factor to influence the consumer feels when he/she ought choose to buy the kind of product or consume the kind of service. However, the other factors will also include to influence his/her decision, e.g. family, friend relationship factor, advertising factor, social status factor, cultural difference factor, personal psychological need level or satisfactory level factor, young or old age factor, income level factor, economic environment factor, material enjoyable need factor etc. factors.