What are psychographics

Assignment Help Operation Management
Reference no: EM132292606

Assignment

QST 1 MARKETING

You must cover all of the questions within your response to earn full credit. Please organize your post by component (as listed below).

• What is self-concept? Provide an example of how we would measure self concept.

• What is lifestyle? What is the relationship between self-concept and lifestyle?

• What are psychographics? Explain why an awareness of consumer choices categorized using psychographics are important to organizations? Provide an example

• Describe four types of situations and their relevance to marketing strategy.

• Explain problem recognition and how it fits into the consumer decision process.

QST 2 MARKETING

This assignment is designed for you to demonstrate some of the consumer behavior concepts you learned at this point with a practical consumer product.

The board of directors and the president of John Deere hired you as a consultant to look at their line of consumer products and lawn equipment.

They are aware the demographics of home ownership are changing and they would like to position their entire consumer product line to address (address each of the groups below within your assignment):

• Older consumers who are just retiring at the rate of 10,000 potential consumers per day

• Changing ethnicity of homeowners from Caucasian to Afro-Americans and Hispanics

• Market to female buyers

Before starting this assignment, be sure to go to this site to see what John Deere markets under the heading of consumer products. You may be surprised at the width and breadth the consumer products John Deere has available for sale.

Specifically your consultant assignment is to keep the current consumers that are traditionally Caucasian males and expand the consumer marketing to sell all the products/services to new retirees, home and acreage buyers with different ethnicities, and sell products to females.

The John Deere brand name is very strong and will not be changed. You want all of these consumers to think of the advertising slogan, "nothing runs like a Deere!" and have them willing to pay a premium price for a premium product. It is your decision whether you have one modified marketing message or multiple marketing messages for these new consumer-marketing segments.

Activity Outcomes

1. Summarize consumer behavior in relation to perception of the product.

2. Demonstrate the process of product positioning in relation to consumer behavior.

3. Develop a marketing message for buyers, retirees, ethnic, and female consumers

QST 3 MANAGEMENT

In Chapter 8 we are learning about Corporate Strategy. Think about your own organization you currently work for at this time. What is the corporate strategy for your employer?

How could you make it better? What would you do as the manager/owner of the organization to make the corporate strategy better? Is the current corporate strategy working? Why or why not?Your answer must be at least 250 words.

QST 4 MANAGEMENT

It is a group project and I was assigned with the:

1. Abstract & Intro Outline the company's strategy - COSTCO company. ( must be at least 1 page )

Reference no: EM132292606

Questions Cloud

Business environment today demands : The frequent and rapid change in the business environment today demands that organisations change accordingly.
What a global mindset is : Please explain (a) what a global mindset is, and (b) what benefits of having a global mindset.
Global and diverse business environment : Cultural intelligence or CQ is a critical capability for navigating today's increasingly global and diverse business environment.
Increasing growing in the globalised world : The number of multicultural employees has been increasing growing in the globalised world. Research shows that multicultural employees
What are psychographics : What are psychographics? Explain why an awareness of consumer choices categorized using psychographics are important to organizations?
Jitson authorize for the gear replenishment system : How many containers should Jitson authorize for the gear replenishment system?
Manager could do to reduce the environmental : Is there anything the organization and/or the manager could do to reduce the environmental (task and general environment, not the physical environment) impact?
Discuss about the relationship between business and politics : Discuss about the relationship between Business & Politics? Be sure to provide a link to an article or video to support your rationale.
Critically analyses the challenges with realizing aspiration : UNCC300 - Justice and Change in a Global World - Australian Catholic University Critically analyses the challenges with realizing aspirations of the common good

Reviews

Write a Review

Operation Management Questions & Answers

  Explore th current state of organizations workforce dynamic

Explore the current state of the organization's workforce dynamic. Is its workforce growing? Is it changing? How is it changing and why?

  Dramatic improvements in productivity and quality

Which of the following is defined as fully understanding the goals of a process and then dramatically redesigning it from the ground up to achieve dramatic improvements in productivity and quality?

  Identify basic business concepts

Describe the major goal and responsibilities for each of the core components of business.

  What are the pitfalls of routing traffic the best way

What mistakes were committed by Hudson Valley employees in this case? What are the pitfalls of routing traffic the "best way"?

  Compare the two scenarios for acquiring machine for project

Compare the two scenarios for acquiring a machine for a project for 25 years expected operations, at a company with an internal rate of return of i = 10%.

  Substance taken into body may have significant effects

Any substance taken into the body may have significant effects. Analyze whether this early substance use has a disproportionate impact down the road.

  What variable cost from sbarg would make cal indifferent

SBARG cost = $ If the fixed annual cost offered by SBARG is nonnegotiable but it is willing to negotiate the variable cost, what variable cost from SBARG would make Cal indifferent to the two options?

  Case of breach of warranty of conformity to description

This is a case of breach of warranty of conformity to description.

  Building blocks of market competitive pay system

Discuss the basic building blocks of a market competitive pay system, including the relationship between internal and external equity.

  Examine the key factors affecting the demand for

Compare and contrast an existing organization's three major functions and then justify the interdependence that operations have to finance and marketing.

  Staffing and processing times are identical

A process is replicated in another country where wages are 50 percent lower. Staffing and processing times are identical.

  Healthcare market analysis and competitive advantage

How can a market analysis provide the concrete data required to steer planning and development into a new venture?

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