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Define the Education and Occupation in the consumer behaviour.
Education and Occupation:
Level of educations also affects how decisions are completed. They seed books, entertainment and healthiest foods. Similar in occupation, people within various occupations needs different products. As in type of occupation influence the type of clothing person boys, food purchases and transportation choices.
Factors influencing changes in product mix 1. Change in market demand: the change in the demand of a product (due to change in habits, fashion, purchasing power, in
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Culture: Culture is the most fundamental determinant of a person's wants and about his behaviour. It consists of the learned values, norms, rituals, and symbols of the socie
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Michael Porter's Five Forces model is as applicable today as when it was introduced. Select a market or market segment (jeans, cell phones, etc) and using Michael Porter's model, c
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