Question

In: Operations Management

Explain as much as you can. What is motivation, and why is it important in the...

Explain as much as you can.

What is motivation, and why is it important in the study of consumer behavior? Can motives be measured, and if so, how? [10 pts]

Solutions

Expert Solution

Motivation is the reason due to which people take any action. The cause that makes people to act the wayt they act in a certain situation. It can be of physical or material or emotional in nature , which means these factors which compell people to act could be direct in terms of money, incentives, rewards, physical needs or it can be emotional upliftment in terms of promotion, awards and praise.

In any situation these factors can be self presented or could be introduced by outside agents.

It is essential to study consumer behavior as it gives insights to take decisions that could be driving business and profits. Studying consumer behavior helps in

  • Deciding the trends in the market and so plan before the competitors.
  • Consumer preferences and reasons can help to design offers that would be more preferred.
  • consumer inhibitions can be found and addressed
  • It helps to plan new ventures and new offerings

Yes, motives can be measured in terms of intent based surveys.

These can be graded on scales of 1 to 5 or 1 to 10, to get the strength of the motive. And at the same time indirect questions can be asked to identify motives which are not directly observed.


Related Solutions

Explain what is meant by the term “management style” and why it can be an important...
Explain what is meant by the term “management style” and why it can be an important issue in the success or failure of a business. Support your answer with examples that illustrate differing management styles.
Why was it important to standardize so much of the architecture? What are the advantages and...
Why was it important to standardize so much of the architecture? What are the advantages and disadvantages of a standard EA for Chubb?
Explain what motivation is. Why engineering managers need to be concerned about it?
Explain what motivation is. Why engineering managers need to be concerned about it?
Explain why it is important to use target zones in an exercise prescription, and what can...
Explain why it is important to use target zones in an exercise prescription, and what can happen if zones are not used and if incorrect zones are used. In your discussion, include how you would calculate a zone and how you would adjust the zone as your client advances and improves throughout the prescription.
Why is it important for protocol information to be published? What can you do if the...
Why is it important for protocol information to be published? What can you do if the protocol that you are working on does not have any publicly available information? Is there any one tool that is better than the rest? If so, why is it better? If not, how do you choose which tool to use when there are so many options?
For Python, explain as much as you can please 1) What are namespaces and how are...
For Python, explain as much as you can please 1) What are namespaces and how are they used in Python? 2) What is the difference between Inheritance and Composition?
Why is it important for you to properly chart a patient's findings? What can happen if...
Why is it important for you to properly chart a patient's findings? What can happen if you do not chart these findings correctly? What advise do you have for classmates on how to improve their learning of proper charting techniques?
Explain what is meant by coherence. Why is it important?
Explain what is meant by coherence. Why is it important?
What is the ^VIX index and why is it so important? How do you explain the...
What is the ^VIX index and why is it so important? How do you explain the solutions and difference of Logarithmic and Polynomial solutions?
discuss why the use of motivation theories to reward employees at Google would be important and...
discuss why the use of motivation theories to reward employees at Google would be important and then outline how you would apply one of the motivation theories to enhance the motivation of employees at Google. Use examples in your discussion to further explain your answer
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT