Explain how it affects the purchase process

Assignment Help Microeconomics
Reference no: EM13719374

Describe the model of consumer buyer behavior. Providing a list of the steps or a graphic of the model is not adequate, as you must explain how the process works in the real world using your own words.
Select one (1) of the four sets of factors influencing buyer behavior:
?Cultural
?Social
?Personal
?Psychological
Explain how it affects the purchase process as it relates to the product/service you chose in Week 1. You must conduct outside research to support your argument.

The post should be 3 pages in length

Interactive Responses: Due by Sunday

Please respond to at least two other student postings by addressing the following:

  • Do you agree? Why or why not?
  • Suggest another factor that could affect the purchase process as it relates to the student's product/service, and explain why.

•Each reply should be one paragraph in length (or at least 75 words) and must be substantive in nature. Do not simply say why you agree or disagree, specify why and be detailed in your explanation. You may use research in your responses but it is not required.
Your replies to at least two other student posts must be submitted by Sunday.

At the end of your post (In alphabetical order by author's last name) you need a reference for all sources cited in the post.

Grading Criteria
MAIN POST: Describe model of buyer behavior 20
MAIN POST: Analysis of factor influencing buying behavior
25
Response #1: Critique of Post (Provided Assistance or Asked a Question that displayed mastery of concepts) Completed in an Interactive Manner
10
Response #2: Critique of Post (Provided Assistance or Asked a Question that displayed mastery of concepts) Completed in an Interactive Manner
10
Grade for Unit 2 Discussion Board
65
Grading will be based on Content, Application, Research, Mechanics (APA format, spelling grammar, punctuation) and Style - (Organization, readability, using your own words). Please click here to view MKTG205 Grading Rubric. This rubric is a guide on how to earn points.

For assistance with your assignment, please use your text, Web resources, and all course

 

Reference no: EM13719374

Questions Cloud

How did the producers decide on the best combinations : 1. Think of a business firm you recently visited (such as Walmart, Home Depot, Red Lobster, Barnes & Noble, McDonald's, etc.). What motivated the producers of all the individual products in the store to make them and offer them for sale? How di..
Discuss symmetric and asymmetric key encryption : A short introduction to SSH, explaining why it is the preferredway of logging into a remotemachine-this explanation will need to discuss symmetric and asymmetric key encryption.
What is the growth rate : Submit a 4- to 5-page paper that addresses the following questions. Be sure to use references within the paper to support your answers. Show work for all calculations. 1. (a.) Suppose real GDP was $13.1 trillion in 2013 and $13.3 in 2014, what..
State the first law and indicate what terms will drop out : Water with a specific volume of 0.001 m3/kg flows through a pipe at 5 kg/sec entering the pipe with an initial velocity of 100 m/sec and exiting at 50 m/sec. The exit of the pipe is 100 m above the inlet. The pipe is well insulated and the power requ..
Explain how it affects the purchase process : Describe the model of consumer buyer behavior. Providing a list of the steps or a graphic of the model is not adequate, as you must explain how the process works in the real world using your own words.
Determine the change in temperature of the air : A water cooled compressor with air flowing at 0.1 kg/s enters at a temperature of 27C. The compressor work is 5 kW and the heat transfer rate to the water is 2kW. Use air as an ideal gas (Cp = 1.006 kJ/kg-K). Ignore changes in KE and PE.
Determine exit temperature of air-rate of entropy production : Air enters the evaporator section of an air-conditioner at 100 kPa, 27oC with a volumetric flow rate of 6 m3 /min. R-134a enters the evaporator at 120 kPa with a quality of 0.3 and rate of 2 kg/min and it leaves as a saturated vapor at the same press..
Determine the axial loads : Determine the axial loads in the stiffeners and the shear flow in each of the skin panels
Graphically demonstrate the inefficiency : Graphically demonstrate the inefficiency that occurs when sports teams produce external benefits. How will a subsidy remedy this problem?

Reviews

Write a Review

Microeconomics Questions & Answers

  Question 1a explain the concept of a concentration ratio is

question 1a explain the concept of a concentration ratio. is the concentration ratio in a monopolistically competitive

  What quantity must monopolist produce to maximize profit

a monopolist faces a demand curve given byp 105 - 3q where p is the price of the good and q is the quantity demanded.

  Draw the long-run conditional labor demand

A firm’s production function is given by: f(L, k) = L^1/2 , where L is the only input into production and it is variable in both the short and long run. Draw the long-run conditional labor demand in (L,Q) space (in other words, with L on the x-axis)

  Calculate the total surplus of the market with price ceiling

A market has a demand curve described by P=30-Q, a supply curve described by P=16+Q, and a price ceiling of 20. Calculate the Total Surplus of the market with the price ceiling

  Technology maturation

Green Futures operates a solar panel power generation facility in Florida. The current field generates 10 million kilowatt hours per year, however every year production drops off by 1 million kilowatt hours, as dust and droppings accumulate on the pa..

  Describe no calculation yet would total output increase or

suppose ceteris paribus government purchases decreased by 4 billion investment spending increased by 40 billion.a.

  Text offers two reasons why private investment

The text offers two reasons why private investment might be better for poor countries than assistance tendered by foreign governments or international agencies. One is that technical assistance often comes along with private investment as part of the..

  Find out which institutional and risk factors should be

cameron international corporation with revenues of 6134.8 million fy 2010 net profit of 562.9 million fy 2010 and an

  Depreciation under modified accelerated cost recovery system

Safe Wind power recently installed 50 wind turbines at a cost of $100 million. They started operations on 30 May 2009. Calculate the depreciation under modified accelerated cost recovery system (MACRS) method for the turbines assuming the half-year c..

  Suppose a store is located in the middle of main street

(1) Suppose a store is located in the middle of Main Street, which is one mile long. Marginal transportation cost is given by t=$80 per mile round trip. The average production cost of the product sold is given by c=$32. Customers value each un..

  Influence on the market supply of labour

Use a graphical illustration to describe briefly what the influence on the market supply of labour

  What is the present worth of a two-part legal settlement

What is the present worth of a two-part legal settlement if the interest rate is 4 percent? $100,000 is received at the end of year 1, and $400,000 at the end of year 5?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd