Question: How does family decision making differ from most organizational decision making? Why must the marketer analyze the household decision process separately for each product category
- How does family decision making differ from most organizational decision making?
- Why must the marketer analyze the household decision process separately for each product category within each target market?
- What is meant by the statement: "Each stage in the household life cycle poses a series of problems which household decision makers must solve?"
- Automobile manufacturers design and build cars/pickups to target certain segments of our society. Fill out the attached HLC/Social Stratification Matrix by suggesting an automobile or pickup truck that has been designed for that segment. Provide a short explanation for each choice.
- In the household decision-making process, why is it important for marketers to understand the differences between those who areinvolved with the decision,VS those whoinfluence the decision, VS those whomake the decision?
| Suggest automobiles designed to target various stages of the HLC | Blue Collar | White Collar | Student |
| Younger (<35) | |||
| Single | |||
| Young Married | |||
| Married with Children | |||
| Single Parent | |||
| Middle-aged (35-64) | |||
| Single | |||
| Married with Children | |||
| Single Parent | |||
| Married without Children | |||
| Older (>64) | |||
| Single | |||
| Married |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
