I hope everyone had a great weekend. We are going to work on the following questions today. Tomorrow is my last day (I will miss you all!) so all work that you haven`t submitted yet needs to be in today by the end of school TODAY!
Thanks!
Why We Buy
Please start by reading pages
31-34 in your textbook The World of
Business. When you are finished, please answer the following questions.
1. Complete the chart below
with the 6 key factors that impact consumer buying decisions.
FACTOR
|
NOTES/EXPLANATION
|
EXAMPLE
|
Income and Price
|
|
|
Status
|
|
|
Current Trends
|
|
|
Customs and Habits
|
|
|
Safety
|
|
|
Promotion
|
|
|
2. How might your role as a
son/daughter affect your consumer decisions?
3. In the future, how might
your role as a mother/father affect your consumer decisions?
4. Why are teens an important
market for businesses to consider?
5. What is the CSA and what
does it do?
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