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Consumer Traits and Behavior

In: Philosophy and Psychology

Submitted By ashley04
Words 2534
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Consumer traits and behavior
Team A

Consumer traits and behavior Several topics will be discussed throughout this presentation starting with psychological and social processes that may influence consumer behavior. It has been determined that the consumer play the role of demander and care receiver through good harmony with consumer behavior as the bases of emotion. The corporation plays the role of supplier and philanthropist, through effective corporate strategy and policies based on reason. Finally public policy plays the role of guider and regulator based on the law. The dynamic relationships among consumer behavior, corporate strategy, and public policy are explored here through feedback with a system perspective and dynamics of cause-effect. Corporate ethics fell into five stages, since the 1960's the social expectations of the public with regard to corporations has increased substantially. Carroll (1979) stated that corporate achievement is essential for revaluating a business and those certain social criteria are also important. Consumers want to know about a corporation. If consumers have a good impression of a corporation and they have access to positive information and understand what a firm thinks, says and tends to do in relation to others make it also likely to strengthen the perception of corporate social responsibility. Corporate profits are positively and directly affected by consumer purchase behaviors, while corporate image positively affects the purchase behaviors of consumers. The purchase decisions of consumers are influenced by two factors: the halo effect according to Blackwell,
Miniard and Engel (1995), because it influences the purchase decision making where the consumer believes that one attribute of an object is positive, and then the rest of the attributes are...

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