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

Divisional performance evalution, what are the precautions in divisional pe...

what are the precautions in divisional performance evaluation

Organisational behaviour, How can the study of organisational behaviour the...

How can the study of organisational behaviour theory provide managers with the knowledge and capabulity to maintain a competitive advantage

Human resource, provide a table checklist for the orientation programme.

provide a table checklist for the orientation programme.

What are the merits and demerits of taylors theory, MERITS and DEMERITS OF ...

MERITS and DEMERITS OF TAYLORS THEORY MERITS OF TAYLORS THEORY Taylor's advocacy of scientific approach and management revolutionised management thoughts and practices whi

Modigliani and miller approach, discuss modigliani and miller approach. cri...

discuss modigliani and miller approach. critically analyse the hypothesis?

Explain scientific management theory, EXPLAIN SCIENTIFIC MANAGEMENT THEORY ...

EXPLAIN SCIENTIFIC MANAGEMENT THEORY A management approach, formulated by Frederick.W.Taylor and others among 1890 and 1930, that sought to determine scientifically the best me

Sometimes laws are created that are done for ethical reasons, Sometimes law...

Sometimes laws are created that are done for ethical reasons. For instance, it is wrong to pollute, so Congress passed the Environmental Protection Act, which punished those that

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