Consumption function and constituency analysis, Management Theories

Assignment Help:

Consumption Function:

A function capturing the dependent  relationship  between customer spending and income, where changes in customer spending are directly proportional  to changes in profits, but these changes do not occur in a one to one fashion. This means that if a person were to get a profitable, he or she would not spend the entire increase on services and products existing in the economy, but would spend some of it.

Constituency Analysis:

This involves identifying detailed groups and subgroups within a community at huge. These groups are characterized by certain individuality that will influence how they receive and interpret an outer communication message about an organization. The goal with constituency analysis is to first identify who the constituency really is, then determine what their attitude is toward the organization, and then determine what they previously know about the communication in question. It is not always evident who the main constituency is, and subgroups with various characters will also likely exist. Thus, the analysis of relevant constituents is important because it ultimately determines the nature of your message.

 

 


Related Discussions:- Consumption function and constituency analysis

What is managerial grid, Q. What is Managerial grid? Blake in addition ...

Q. What is Managerial grid? Blake in addition to molten explained leadership with the mangers concern on people and production. On the basis of above criteria they suggested fi

Secondary sources, what are the secondary sources of information while purs...

what are the secondary sources of information while pursuing market research?

How cross cultural training programs are beneficial, How cross cultural tra...

How cross cultural training programs are beneficial for multinational companies? Appropriate data             For addressing this research question, concepts about cross cult

Reward and benefits, i want to know about about reward and benefits given t...

i want to know about about reward and benefits given to the employees of an organziation

Management process and organisational behaviour, #question.explain strategy...

#question.explain strategy as an organisational process?.

Characteristics of the observed - choice of observation, Characteristics o...

Characteristics of the Observed: In getting information from the investigated people their characteristics play an important role. The status of the interviewee vis a vis the

The strategic planning process, Explain all of the various elements of the ...

Explain all of the various elements of the informed prediction step of the strategic planning process. Strategic Planning Process is a frame work within which the organization fu

Write Your Message!

Captcha
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