How do the any three theory pertain to your buying decision

Assignment Help Operation Management
Reference no: EM131950015

Sensory memory is the area in memory where we store what we encounter with our ?ve human senses. When we hear something, sensory memory is responsible for storing the sounds. The consumer walking through an airport terminal encounters many sounds, smells, and sights. Sensory memory picks these things out and stores them even though the consumer has not yet allocated attention to any sensations. This portion of memory is considered to be pre-attentive.

Workbench memory is the storage area in the memory system where information is stored and encoded for placement in long-term memory and eventually retrieved for future use. As we will see, workbench memory works very closely with long-term memory. Encoding is the process by which information is transferred from workbench memory to long-term memory for permanent storage. Retrieval is the process by which information is transferred back into workbench memory for additional processing when needed.

A consumer's long-term memory plays a very important role in learning. Long-term memory is a repository for all information that a person has encountered. This portion of memory has unlimited capacity and unlimited duration. Barring some physical incapacity, long-term memory represents permanent information storage. Information stored in long-term memory is coded with semantic coding , which means the stimuli are con- verted to meaning that can be expressed verbally.

Question:

How do these any three theories pertain to your buying decision?

Give a clear and concise example.

For an example for me...I love the smell of wood smoke especially when it is involved with food (BBQ) I start to salivate when I smell the wood smoke even though I may not know or even see food present...it is a mental trigger.

Reference no: EM131950015

Questions Cloud

What is the weight you should put into risky asset : What is the weight you should put into risky asset to have optimal portfolio if yoyr coeficient of risk aversion A= 4?
Describe your emotional response to the music : Object Descriptions are your description of what you observed in the music at the performance. Describe each movement of the piece
Engagement in an event : New media components that foster year round engagement in an event are not necessary for an event like the Australian Open (Tennis)
What is the likely effect of euro exchange rate movement : What is the likely effect of the euro’s exchange rate movement on the volume of Sluban’s exports to the eurozone?
How do the any three theory pertain to your buying decision : Workbench memory is the storage area in the memory system where information is stored and encoded for placement in long-term memory and eventually.
What is the current share price of the given stock : If the required return on this stock is 10 percent, what is the current share price? (Do not round intermediate calculations. Round your answer to 2 decimal).
Product innovation and customer loyalty : What will Apple need to do to maintain product innovation and customer loyalty?
Describe the historical aviation activity at the airport : Conduct a capacity and site selection study at Deer Valley Airport, Phoenix, Arizona. Describe the historical aviation activity at the airport.
What is the expected cost of each project : If the company converts to Windows, employee training costs are estimated to range between $9,000 and $15,000, with the best guess being $10,000.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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