When we can not measure in terms of money but we can measure of lavel of satisfaction then it is called cardinal approach
illustrate and explain e the consumer equilibrium ender cardinalist and ordinalist?
1. Cardinal Approach refers that you can calculate or Measure the utility (degree of satisfaction) Numerically, while According to ordinal approach you can not measure the utility numerically. 2. Cardinal Approach follow the Law of Diminishing Marginal Utility while Ordinal Approach follow the Indifference Curve. 3.Cardinal Approach Emphasis on units while ordinal approach is based on rank. BY SUMIT SONI(IITTM)
it can be expressed in exact unit and is measurable in monetary terms.
Explain the consumer equilibrium with the help of indifference curve?
market imperfections approach
illustrate and explain e the consumer equilibrium ender cardinalist and ordinalist?
1. Cardinal Approach refers that you can calculate or Measure the utility (degree of satisfaction) Numerically, while According to ordinal approach you can not measure the utility numerically. 2. Cardinal Approach follow the Law of Diminishing Marginal Utility while Ordinal Approach follow the Indifference Curve. 3.Cardinal Approach Emphasis on units while ordinal approach is based on rank. BY SUMIT SONI(IITTM)
explain the importance of consumer behaviour in marketing view?
it can be expressed in exact unit and is measurable in monetary terms.
This is a statement and clearly for school.
define organizational behaviour and explain how it is used in the organizational setting
Explain the consumer equilibrium with the help of indifference curve?
Ok
Mo... Is a word used to describe certain behaviour
Three factors that influence consumer behaviour are: 1. Consumer loyalty - When a consumer returns to you every time or keeps on purchasing from your business. 2. Environment - The environment of your business or where your business is located can affect your consumer e.g. If the surrondings are not healthy or clean it will affect your business 3. Price - If your prices are too high then persons would not want to buy from you, but if they are at a reasonable price then you would have a great amount of consumers and that can eventually lead to consumer loyalty.
Draw an approach for e banking deployment for retail customers and explain?
What is the role of Internet agent and explain the Role of consumer goals on the Internet ?