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How Behavioral Economic Method Explains And Predicts Organizational Behavior

2019-07-26
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Release : 2019-07-26
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Book Rating : 275/5 ( reviews)

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Book Synopsis How Behavioral Economic Method Explains And Predicts Organizational Behavior by : Johnny Ch Lok

Download or read book How Behavioral Economic Method Explains And Predicts Organizational Behavior written by Johnny Ch Lok. This book was released on 2019-07-26. Available in PDF, EPUB and Kindle. Book excerpt: How can ( non-behavioral economy method) ethnographic research predict consumer emotion ?Ethnographic research is one preferable consumer behavioral psychology method to predict consumers' general shopping model. Because any businessmen can install one video record camera to record the consumers' life habit at home. It aims to watch every video record camera observers whose life habits or life behaviors to evaluate the reasons why who choose to buy the product to make shopping desire more accurate.Critically assess the role of ethnographic research as a means of learning More about buyer behavior. To critically assess whether the role of ethnographic research as a means of learning more about buyer behavior. I shall indicate what the marketers who use general methods to learn more about buyer behavior to compare to ethnographic research difference. In general, marketers learn buyer behavior who shall follow the simplified stages in the buyer decision process, such as the beginning is from need recognition to information search to evaluate to decision to the end of post purchase evaluation stage. Hence, the any buyers behavior shall be cycle stage to decide whether who shall repeat to choose to buy the company's product or use it's service if who feel the product or service had achieved their satisfaction after who spent. The marketers shall use questionnaires or marketing researches to enquire consumers to gather their ideas to analysis to get evaluation to assess whether how whose companies need to produce what kinds of new products style, design, color, price level and sale channels to achieve the most suitable marketing strategy to raise their sale competition. Otherwise, the role of ethnographic search is one different method to learn more about buyer behavior. In general, companies shall not need to arrange questionnaires to enquire participants to fill to answer questions to gather data to carry on evaluation and which do not need to follow the simplified stages to assess target client groups purchase decision process to carry on the sale and post purchase evaluation cycle to evaluate whether what are their product criteria or weaknesses which need to improve to raise their sale competition in their market. I think ethnographic research can get closer to the truth about consumer behavior. On behalf of companies' clients, which can seek to uncover hidden truths about the way their clients' lead their lives, by paying volunteers to be followed for days on end, being filmed and having their every more recorded.

Behaviour Economics Prediction Method and

2018-01-05
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Release : 2018-01-05
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Kind : eBook
Book Rating : 595/5 ( reviews)

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Book Synopsis Behaviour Economics Prediction Method and by : Johnny C. H. Lok

Download or read book Behaviour Economics Prediction Method and written by Johnny C. H. Lok. This book was released on 2018-01-05. Available in PDF, EPUB and Kindle. Book excerpt: In my book, it shall indicate how the process of behaviour economic field develops, then I shall show what methods are used to measure behavioural economy. Next, I shall indicate what the main two categories of behavioural economy are as well as I shall explain what risky and uncertain outcomes of individual behavior economic theories are as well as what behavioral game theory is. Finally, I shall explain behavioral economic principles of policy makers or decision makers as well as I shall also analyze whether behavioral economy and psychology which has close relationship. I shall indicate underground train and Disney entertainment theme park and University etc. enterprises to explain how which can apply psychological methods to predict which client's preferable behavioral choice to achieve economic benefits more easily. This book is suitable to any economists or policy makers or individual consumption makers or students or working people who have interest learn how to apply behavioural economy to judge to do the most reasonable or the most right economic activities to achieve economic benefit in everyday life.

Judgement the Difference Between Behavioral Economy and Psychological Methods

2017-07-30
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Release : 2017-07-30
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Book Rating : 431/5 ( reviews)

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Book Synopsis Judgement the Difference Between Behavioral Economy and Psychological Methods by : Johnny Ch LOK

Download or read book Judgement the Difference Between Behavioral Economy and Psychological Methods written by Johnny Ch LOK. This book was released on 2017-07-30. Available in PDF, EPUB and Kindle. Book excerpt: This book concerns how to apply psychological and economic behavioral methods to predict customeremotion. The first part concerns to how to apply psychological method to predict consumer emotion. The second part concerns to explain what behavioral economy means and how to apply behavioral economic method to predict consumer behavior. The first part concerns how to apply psychological method to predict how to manufacture the right food taste to let your consumers to like to eat your food as well as how to produce or design your products to sell to them successfully. I shall use three science and psychology ethnographic research and facial reading technology and online consumption behavioral methods to explain how to predict your client's individual taste and need more accurate.The second part concerns how to explain what behavioral economy means and how to apply behavioral economy method to predict consumer behavior. Behavioral economics can provide more realistic psychological foundations. This part is intended to explain why consumer behaviors and economy has close relationship and apply economic concept to explain how the consumer chooses to do whose consumption of decision. In second part, it shall indicate how the process of behavioral economic field develops, then I shall show what methods are used to measure behavioral economy. Next, I shall indicate what the main two categories of behavioral economy are as well as I shall explain what risky and uncertain outcomes of individual behavior economic theories are as well as what behavioral game theory is. Finally, I shall explain how policy makers or decision makers can apply behavioral economy concept to do whose policy decision as well as I shall also indicate why behavioral economy and psychology which has close relationship to influence consumption of decision. It aims to show what the weaknesses of the standard economic model are and the behavioral economic model strengths are to predict consumer behavior. I find to use the behavioral economic model to predict consumer behavior is more accurate to compare to use standard economic model. First part concerns how to apply psychological method to predict consumer behavior. The first section, I shall indicate how to use face reading technology predicts consumer emotion to predict how to do the acceptable to produce foods to let them to feel more enjoyable to eat sweet foods or drink softdrinking as well as how to use video camera to investigate to predict customer emotion to find what factors had attracted them to choose to buy the manufacturers' products to use and judge whether how to increase your product more attractive to win your competitors.Finally, in part three, I shall explain why to apply either behavioral economy or psychological method to predict as above sample cases which is more suitable to predict consumer behavior. I wrote this book for several reasons. I want to give my opinions to let businessmen to know how to apply psychological method or behavioral economic method to predict consumer behavior. Psychological method prediction is concentrated on consumer individual emotion, such as between salespeople and customers contact in one shop. Otherwise, behavioral economic method prediction is concentrated on serving consumers in public service industry, e.g. education, transportation, entertainment etc. public service businesses.

Behavioral Economic Method Explains And Predicts

2019-06-15
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Release : 2019-06-15
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Book Rating : 201/5 ( reviews)

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Book Synopsis Behavioral Economic Method Explains And Predicts by : Johnny Ch Lok

Download or read book Behavioral Economic Method Explains And Predicts written by Johnny Ch Lok. This book was released on 2019-06-15. Available in PDF, EPUB and Kindle. Book excerpt: I shall indicate how to apply different behavioral economy methods to raise stable basic stable income target consumer group consumption desire in these different consumption situation ( consumption environment) aspects as below:1.Stable basic stable income consumer group consumption great or small amount desireThe consumption of products and services is a fundamental part of consumer's welfare. Basically, every one who has stable basic stable income, who will like to consume any products and services. Even, consumption great or small amount desire won't be depended on whether the person whose income is more or less. It means low income level of people will still like to consume great amount to buy expensive products or consume expensive services, because consumption is human's part of life and basic needs. This stable basic income people will like to consume, because they have stable income source when they do not worry about unemployment occurrence to cause them have no enough money to support their life. Otherwise, non-stable basic stable income people won't like to consume because they feel they have no stable basic income source to support their life and they will worry about unemployment occurrence any time. Hence, stable basic income people will have more consumption desire to compare non-stable basic stable income people in any countries usually. Behavioral economic method indicates they feel their economic benefits will be loss if they planned to buy any products or consume any services easily. So, they prefer to save money in bank more than consumption.1.Demand systems and micro-economic factor influence basic income people consumption attitudeWhy stable basic income people will like to consume?

Behavioral Economic Method Predicts Consumer And Employee Behavior

2019-09-24
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Release : 2019-09-24
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Book Rating : 888/5 ( reviews)

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Book Synopsis Behavioral Economic Method Predicts Consumer And Employee Behavior by : Johnny Ch Lok

Download or read book Behavioral Economic Method Predicts Consumer And Employee Behavior written by Johnny Ch Lok. This book was released on 2019-09-24. Available in PDF, EPUB and Kindle. Book excerpt: I shall give reasons to explain as below: As Jim, P. & Brendan. M. (2013) indicated who had ever been experiencing failure to do their businesses. Although, they had lost a million dollars, but they felt that they can be taught to learn undiscovered knowledge to know how to do their businesses successful by their wrong judgement and decision learning experience. They explained that " in ll risk taking, speculation, business ventures, entrepreneurial activities, it is the loss side on which you must focus first. This is even true for gambling, the gambler determines how much he's willing to bet, and loss, before the game is played. He doesn't wait for the game to end and then let the croupier or dealer assign his wager for him. How do you determine the downside, and how do you control or minimize it? With objective decision making and a plan that has as its starting point the stop-loss parameters"Hence, it explains any business will have under-level productive efficiencies and low consumption desire business risk. However, to any one entrepreneur, who needs to know it is one game between the himself/herself and whose clients. They also need to know with objective decision making and a plan that has as its starting point. Hence, I assume that if the entrepreneur has wrong decision to cause under-level productive efficiency, it is possible that, due to there is no enough employee number to manufacture the product or many employees are not skillful to manufacture all product in normal time or many employees are lazy etc. different factors to cause under-level productivities. However, when they discover their productivities are very low to compare similar competitors their employees' productivities and efficiencies. Then, they can attempt to find what factor(s) to cause low productivities and low efficiencies. it is possible that any one among of these factors case. They include many employees' lazy to influence low productivities or there is no enough employee number or many employees are not skillful to manufacture their products in production process. Hence, wrong decision or plan is not represent failure. Otherwise, it can give chance to let the entrepreneur to learn whether what the factor(s) is (are) to cause low productivities and low efficiencies in whose product manufacturing process.

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