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

Hawthorne studies by elton mayo, discuss three main phares of hawthorne stu...

discuss three main phares of hawthorne studies of elton mayo

Motivational skills, Steps for increasing the motivational force for higher...

Steps for increasing the motivational force for higher level of performance

Reaxting to a process gone wrong assignment..., I need help with an assignm...

I need help with an assignment for my MGT:449 Management class.

Frederick winslow taylor, Contributions of various scientists: 1.Frede...

Contributions of various scientists: 1.Frederick Winslow Taylor: He proposed for basic principles. a)  The development of the true science of management to verify the b

#business management., what are the practical consequences of incorporatio...

what are the practical consequences of incorporation?

Managerial functions, MANAGERIAL FUNCTIONS We have  already seen that ...

MANAGERIAL FUNCTIONS We have  already seen that there  are several definitions given by experts to  explain the meaning and scope of management. One way is to view management

Descrube the evolution of management theory, DESCRIBE THE EVOLUTION OF MANA...

DESCRIBE THE EVOLUTION OF MANAGEMENT THEORY Management and Organizations are products of their historical and social times and places. Therefore, we can understand the evolutio

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