Why did you purchase the product or service

Assignment Help Financial Management
Reference no: EM132040085 , Length: word count : 400

Write 400-600 words.

Be substantive and clear, and use examples to reinforce your ideas.

All people are influenced, including you. People sometimes buy things because they want them rather than because they need them. Sometimes, they only want things because others have them.

Consumers' buying behaviors are often affected by social, cultural, and group influences. Consider a product or service that you bought recently.

Identify the product or service, then answer the following questions:

Why did you purchase the product or service?

Were you were influenced by a cultural trend, or did you covet a friend's purchase?

What is 1 social influence that could prompt you to buy a different product or service in the future?

Based on your purchase, what is 1 social, group, or anthropological perspective that applies to your purchasing decision?

Reference no: EM132040085

Questions Cloud

Key problems associated with using packaged software : What are the key problems associated with using packaged software? How can these problems be minimized?
What is strategic management : What is strategic management? What are the main benefits associated with its main attributes?
What is organizational conflict : What is organizational conflict? Why does is occur? What are some methods of conflict resolution?
Neither state a nor state b is a contracting state : Seller, whose place of business is in State A, and Buyer, whose place of business in State B, enter into a contract that stipulates that the CISG applies
Why did you purchase the product or service : Consumers' buying behaviors are often affected by social, cultural, and group influences. Consider a product or service that you bought recently.
How easy was it to surf around the site : Influences are everywhere-most often based on trends, people who others emulate, one's family's ideas, and groups one belongs to.
Growing number of conflicting signatures in different : How does law (in terms of signatures on digital purchases) combat the risk of identify theft or the growing number of conflicting signatures in different
Discuss capital structure : Discuss capital structure and how a company's structure impacts its progress through the bankruptcy process.
What are some positive and negative actions : What are some positive and negative actions about personal information being accessed by companies on the internet.

Reviews

Write a Review

Financial Management Questions & Answers

  Repay the remaining balance on the mortgage

You would like to buy the house and take the mortgage described in Problem 36. You can afford to pay only $23,500 per year. The bank agrees to allow you to pay this amount each year, yet still borrow $300,000. At the end of the mortgage (in 30 years)..

  Cities are likely to experience higher price volatility

Which type of cities are likely to experience higher price volatility? Cities with high ratio or low ratio of land to total property value? Briefly explain why.

  Statements about the risks of investing in securities

Nevertheless, Goldman’s marketing materials provided only boiler- plate statements about the risks of investing in the securities.

  Firms beginning cash balance and ending cash balance

The change between a firm's beginning cash balance and ending cash balance would equal

  Estimate of the total cost to the company for equity issue

What is the best estimate of the total cost to the company for the equity issue?

  What is the cost of external equity if its stock

A current dividend of $1.80. Dividends are expected to grow at a rate of 7 percent a year into the foreseeable future. What's the cost of external equity if its stock can be sold to net $46 a share?

  Determine profit loss per contract ignoring transaction cost

When this position was closed out, the quoted price was 93.90. - Determine the profit or loss per contract, ignoring transaction costs.

  Equalized and riskless hedged investment is created

Madeline Manufacturing Inc.’s current stock price is $45 per share. Call options for this stock exist that permit the holder to purchase one share at an exercise price of $40.These options will expire at the end of 1 year, at which time Madeline’s st..

  What is its weighted average cost of capital

If its equity cost of capital is 12% and its debt cost of capital is 10% and effective corporate tax rate is 40%, what is its weighted average cost of capital?

  Payment will be applied to interest-to principal repayment

How much of your first payment will be applied to interest and to principal repayment?

  The initial costs for net working capital

What amount should be included in the initial costs for net working capital?

  Area expierneces a sudden or dramatic downturn

How might a bank adjust its credit policies if the area expierneces a sudden or dramatic downturn? Suggest two adjustments the bank should make when applying the five C's of credit in such a situation.

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