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Describe some of the trends in consumer preferences that will affect menu planning?
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What term do historians use to describe the personal preferences that people have that affect their interpretation of events?
bias
How does cross-culture affect consumer behavior?
Cross-culture can influence consumer behavior by shaping perceptions, beliefs, and attitudes towards products and services. Cultural differences in values, norms, and traditions can impact purchasing decisions, brand preferences, and communication styles. Companies must understand these differences to effectively market to diverse consumer groups.
How does consumer expectation affect demand for a certain goods?
When there is high preferences for taste of a certain product, example chicken meat, even if prices rises demand will not fall significantly, vice versa when taste and preferences changes from Good A to Good B, even if the price of good A falls drastically, demand would not rise significantly. -Johancsy
What type of social and culture trends affect REI?
Social and cultural trends that can affect REI include increased interest in outdoor activities, focus on sustainability and eco-friendliness, the rise of experiential retail, and changing consumer preferences towards convenience and personalized experiences.
What Factors affect consumer spending?
The factors that affect consumer spending are: Size of Income, Future Expenditures, and Social Influences.
How will the depression in the global economy affect the strategic planning in the organization?
How will the depression in the global economy affect the strategic planning in the organisation?
What best describes describes how culture can influence consumer behavior?
Culture can influence consumer behavior by shaping values, beliefs, and norms that affect how individuals perceive products and make purchases. Culturally specific preferences, traditions, and social influence can all impact consumer decision-making. Marketers must understand these cultural nuances to develop effective strategies that resonate with their target audience.
How does psychology affect consumer behaviour?
Psychology influences consumer behavior by studying how individuals think, feel, and behave when making purchasing decisions. Factors such as perception, motivation, memory, and emotions play a key role in shaping consumer preferences, attitudes, and buying habits. Marketers often use psychological theories and principles to better understand consumers and create effective marketing strategies.
How does social responsibility business positively affect the consumer?
How does social responsibility by businesses affect the consumer community negatively
Three Factors that affect the planning process?
Three factors that affect the planning process in an organization is lack of team work, communication, and motivation.
How did consumer preferences affect development of the wine industry?
From 1933 to 1967, dessert wine was the most popular kind of wine in the United States. During the 1970s, generic table wines, like California Chablis and California Burgundy, dominated sales.
What are factors affecting educational planning?
a. How does political pressure affect the educational planning and management?
