Define the concept of consumer confidence

Assignment Help Management Theories

Reference no: EM131531694

Question: Income and social class are two factors that greatly influence consumer behavior. Define the concept of consumer confidence, and explain how it influences consumer behavior. Then, explain why a person's social class may not change when he or she earns more money. Your initial post must be a minimum of 300 words and be supported by your textbook. Your post must also be organized using APA style headings as outlined in the Ashford Writing Center.

Reference no: EM131531694

Questions Cloud

Discuss the importance of understanding the walking map : Discuss how the cost of the value chain in a healthcare organization is determined.

How organizations work to explain how and why it happened : What's going on? Use your knowledge of how organizations work to explain how and why it happened, and/or what it represents to this company.

Consequences of this type of political system : Reflect on how military dictatorships like the one in Myanmar hamper economic development. Discuss the consequences of this type of political system.

Create an example and explain the cash budget : Why must working capital be “managed” ? Create an example and explain the Cash Budget. How is a Cash Budget distinct from an Income Statement?

Define the concept of consumer confidence : Income and social class are two factors that greatly influence consumer behavior. Define the concept of consumer confidence.

A binomial tree model is used to value an option : A binomial tree model is used to value an option on the Dow Jones Industrial Average (DJIA) index.

Why should companies pay attention to economic factors : Why should companies pay attention to economic factors when managing the organization's current and future financial information?

Assets-sales and the debt ratio would not be affected : Assets, sales, and the debt ratio would not be affected. By how much would the cost reduction improve the ROE?

Retained earnings balance at the beginning : Net income for 2017 was $402,000. How much was the retained earnings balance at the beginning of 2017?

User Account

All Pages