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What is the scope of consumer behavior and its importance?
Consumer behavior has a large scope in that it can affect everything about business. What consumers are currently buying and what they will buy in the future, how much they are willing to pay, etc. can determine what companies produce and even if a company survives.
Can a business be a consumer?
Any business can become a consumer. Generally speaking all businesses are consumers inasmuch they must purchase products from other businesses in order to have their own business function.
How does consumer sovereignty affect business production?
There no answers yet
What is the name of struggle among producers for consumer's business?
competetion
How might psychological factors affect the business cycle?
optimism can lead to increased consumer spending and greater business productivity.Pessimism can make people more cautious,reducing consumer spending.
Importance of logistics in a business organization?
Logistics is basically anything that involves getting the product to the consumer. Without logistics, a business would almost certainly fail. There has to be a way to fund the product, develop the product and get the product to the consumer.
Is e-bay a cosumer to consumer website?
A large share of eBay is a consumer to consumer website. It is also a business to consumer and a business to business website.
What are E Commerce models?
There are seven models of e commerce they are 1) Business to Business (B2B) 2) Business to Consumer(B2C) 3) Consumer to Consumer (C2C) 4) Consumer to business (C2B) 5) Business to government(B2G) 6) Government to citizen ( G2C) 7) Government to Business (G2B)
Write a note on importance of consumer Behavior for a business firm?
A business will function based on how consumers behave. It is important to keep up with the behavior in order to keep making a profit.
What is meant by a business being consumer le?
The business provides what the consumer wants or needs.
Definition of Trade Show and consumer show?
A Trade show can be business to business selling or business to consumer selling. Typically business to business. Consumer show is business to consumer selling/marketing I have been to a lot of shows and wouldn't be nearly successful if I hadn't done a ton of research first.
What are the categories of operations under E-Commerce?
E-commerce is the trading and selling that happens over the internet. These include business to business, consumer to consumer, and business to consumer.
What is the importance for retail businesses to hire people?
Hiring people for retail businesses is quite important to the business ,the consumer and the employee. For the business, it provides a person that can do jobs and help run the business. For the consumer, it allows for better service and products of greater quality. For the employee, being hired provides money so that he can support his basic needs.
The importance of profit to a business like HMV?
the importance of profit to a business?
Importance of demography in business and commerce?
importance of dempgraphy in business and commerce
What is the Importance of business in your daily life?
importance of business in our daily life
What is the scope of consumer behavior and its importance?
Consumer behavior has a large scope in that it can affect everything about business. What consumers are currently buying and what they will buy in the future, how much they are willing to pay, etc. can determine what companies produce and even if a company survives.
