Monday, February 20, 2017

Good morning ladies and gentlemen!

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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