Answer:
What is the difference between an internal influence and an external influence as described by the Consumer Value Framework (CVF)?
- Consumer value framework represents consumer behaviour theory illustrating factors that shape consumption-related behaviours and ultimately determine the value associated with consumption.Internal and external influence are both two important factors in the consumer value framework. Internal influence represents things that processed inside the mind of the consumer or can be thought as a part of the consumer. It consists of consumer psychology: learning, implicit memory, intuition, information processing, perception, information processing, categorization, attitudes; and personality of consumer: motivation, personal values, personality, lifestyle, emotional expressiveness, and emotional intelligence.The internal influence appears in the need recognition of the consumption making decision process. The personality and psychology of consumer determine the needs and wants, even preference of the consumption. For instance, consumers want to buy new cars, first of all, the need appears, and then they have to choose a brand or what kinds of cars they are looking for. Some consumers like the sports car, otherwise, some consumers are more into SUV and so on. These consumption decisions are depend on the consumers’ personality and psychology. Each of them has the different perspective.External influence include the social and cultural aspects of life as a consumer. Social environment are elements that specifically deal with the way other peopleinfluence consumer decision making and value. Such as social class, family influence,culture and cultural values, acculturation/ enculturation and reference groups and peerinfluence. Situational influence are things unique to a time or place that can affectconsumer decision making and the value received from consumption. For example,atmospherics, time/timing, conditions.The external influences directly impact the value of activities. It appears in theinformation searching stage of the consumption decision making process. For example,when a consumer want to buy a new car, and he is struggling with the brand betweenToyota and Land Rover, the social groups like friends, families who has bought those cars,they can directly influence the consumer’s consumption decision and feelings aboutthose brands. Relationship quality—consumer loyalty
In many ways, the two notions are at odds. Or, at least, mild conflict.
Free Market Capitalism is an economic system understands that some will succeed and others will not. People will be rewarded for their ingenuity and market acumen and bad ideas will be disregarded and rejected.
American Democracy (Democratic-Republic) is defined by citizens banding together to solve common problems, while reserving the right of private property and concepts of liberty.
So, as free market capitalism has expanded in periods of history, Democracy has often taken a hit. As collective Democratic ideals have expanded, free market ideals have declined.
The New Deal is common understood as a retraction of the free market and the expansion of American collective Democracy. We are currently in a period of struggle between free market capitalism and strong collective Democracy. Only time will tell which concept will prevail.
Answer:
Their genetic code
Explanation:
Every cell is made with a genetic code that tells them what their jobs are in the cell, it is from when they are first formed
The congressional equivalent of the office of management and budget is Congressional Budget Office (CBO)
The office of management and budget (OMB) is the largest office within the executive office of President of the US and it assists the President in preparing the budget.
The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress. Hence both CBO and OMB have equivalent role.
It employs lawyers, information technology specialists, editors, and other experts who can contribute to the agency's mission
It is a body that provides the Congress with objective, nonpartisan, and timely information, analyses, and estimates related to federal economic and budgetary decisions. It also helps the budget committee for the matters under its jurisdiction.
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