How does culture impact buying decisions

Assignment Help Financial Management
Reference no: EM131922537

First Paper

Cultural Analysis

NOTE: For those of you who took Global Business (IBM300), you need to choose a DIFFERENT COUNTRY for this assignment. And, the focus of this is on the impact on buying behavior and purchasing decisions.

Brief History of the Culture/Country

Geography

Location

Climate

Social Institutions

Family: nuclear, extended, parental roles, marriage and courtship, female/male roles

Education: primary, secondary, higher, literacy rate

Political system: structure, parties, stability, tax rates, local government

Legal system: judiciary, code or common, intellectual property

Social organizations: groups, social classes, clubs, races, ethnicity, subcultures

Business customs and practices

Religion and Aesthetics

Religion: doctrine and structures, degree to which accepted by people, prominent religions.

Aesthetics: visual arts, music, drama, ballet, performing arts, folklore and symbols

Living Conditions

Diet and nutrition: meat vs. vegetables, typical meals, malnutrition rates, foods available

Clothing: national dress, work clothing

Recreation, sports, leisure: types available and in demand, % of income spent on

Health care

Language

Official language

Dialects

Impact on Buying Behavior

How does Culture impact buying decisions?

Required Papers

4 to 5 page papers (plus charts and graphs) are required for this course.

The papers must be typed or word processed, one-and-one-half- or double-spaced with one-inch margins, minimum 10-point type.

(Using Times or Times New Roman font, 10-point type, you can easily put 2,000 words in a 4-5 page - ‘spaced' paper.

Endnotes do not count in the 4-5 pages nor do any charts/graph.)

Your assignment is to choose a country, then research and write one paper that address the cultural issues discussed in the textbook and in class. Ideally, the country you choose to research should be located on a different continent than the one you consider to be your "cultural home." (I'm open to argument otherwise.) The United States is off limits to all students.

Your papers should have the following headings and should include information for each subheading. In such short papers as these, it is important to maintain correct proportions for each section.

For example, "Brief History" is just that: brief. "Social Institutions" and "Living Conditions," however, should be your two longest sections in the Cultural Analysis. Generally, it is better to have one sentence per subsection (or sub-subsection) than nothing at all.

Numerical data may be displayed in exhibits attached at the end of the papers (but not photocopied pages from almanacs or abstracts-the data should be typed or otherwise put into easy-to-read presentation format).

Reference no: EM131922537

Questions Cloud

Do a survey of literature on health care of women veterans : Determine set of alternative solutions and Determine criteria to be utilized to evaluate alternatives - Evaluate Alternatives
Analysis of the articles from critical thinking perspectives : Provide an analysis of the articles from a critical thinking perspective. Identify at least three errors in each of the two articles.
Compute the mean rate of return and the standard deviation : Compute the mean rate of return and the standard deviation of returns for both your stocks and the stock market.
What will be the prepaid income in this case : ABC LTD has an accounting year end of 30 June 2016. What will be the "prepaid income" in this case
How does culture impact buying decisions : Rsearch and write one paper that address the cultural issues discussed in the textbook and in class. How does Culture impact buying decisions?
What is the housing price curve : What is the Housing Price Curve? Why is the Housing Price Curve(Function)convex?
Make all journal entries necessary on spu books to record : Make all journal entries necessary on SPU's books to record its investment in Vasquez Company for the first year
Explain john lockes causal theory of perception : Explain the doctrine of the four causes. Explain John Locke's Causal Theory of Perception. Explain David Hume's problem of induction.
Develop the strategic objectives for your new division : Develop the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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