The adolescent is considered an active element in family purchases, with an important participation in the decision phase. However, the study of technological products for family use have been neglected. The adolescent presents, in this category of products, generally, a higher knowledge than his parents, which can constitute an important resource in his participation in those purchases. Past literature also has evidenced the existence of important cultural dimensions, such as the distance of power and individualism-collectivism that need further investigation in its impact on family consumer behavior. Therefore, the main objective of this research is to study the influences of the national cultural constructs of individualism-collectivism and power distance, and consumer socialization effects on adolescent’s influence on family personal computer’ purchase decision.
In the empirical phase, a quantitative research method is utilized in high schools in Lisbon district, Portugal. 1,800 questionnaires were delivered in classrooms during May 2018. Adolescents’ students were instructed to deliver questionnaires to their mothers for response, and 726 validated questionnaires were returned.
Logistic regression was used and the results pointed tosocio-oriented communication style, television influence, product knowledge, adolescent’s gender, and family income as the relevant explanatory variables for computer for family use purchase. These results are innovative in the study of family purchases.
Therefore, the present research provides several contributions to this area of knowledge. First, it reinforces the importance of including adolescents in the final decision of family purchases, which is innovative compared to past literature. The interest of the results is reinforced by the study of a more important technological product for family use, as is the case with the personal computer. Second, the results point to the importance of including the family communication style, television influence, product knowledge, adolescent’s gender, and family income as explanatory variables in determining influence on family computer’ purchases.
This research offers a contribution to companies by providing evidence of adolescents’ influence on the purchase decisions of family personal computer. Given the adolescents’ importance within family decisions, marketers should consider adolescents as active and important members in family buying decisions, and look to the family as a whole and not just parents as the key decision makers in family purchases.
In this paper, a travel back in history is made in order to highlight the beginning of the brand concept in the trade and human worlds, how it evolved and how is perceived nowadays. Moreover, an exploration of its diverse definitions is exposed to better comprehend its meanings from multiple angles. Finally, light has been shed on its psychological and sociological roles in the everyday life of human beings and how this product name is able to deliver messages about its consumers in their networks.
Inland waterway transportation network significantly supports the overall freight transportation of the nation. In order to ensure efficient and timely commodity transportation through this network, this study aims at developing a reliable inland waterway transportation network considering the interactions between different transportation entities along with considering the uncertain commodity supply and un-predictable waterway conditions over time. A capacitated, multi-commodity, multi-period, stochastic, two-stage mixed-integer linear programming (MILP) model is pro-posed to capture this stochastic, time variant behavior of the water-depth along any link of the inland waterway under consideration. Additionally, we proposed a parallelized hybrid decomposition algorithm to solve the real-life test instances of this com-plex NP-hard problem. The proposed algorithm is capable of producing high quality solutions within a reasonable amount of time. Further, a case study is demonstrated for the Southeast region of the United States and a number of managerial insights are drawn that magnifies the impact of different key input parameters on the overall inland waterway transportation network under consideration.
The adolescent is considered an active element in family purchases, with an important participation in the decision phase, especially for those purchases in which he/she is the primary user or consumer. However, in purchases such as breakfast cereals, adolescent participation needs a more comprehensive study. The adolescent’ presents, in this category of products, generally, a higher involvement and knowledge than his parents, which is an important resource in his participation in those purchases. Literature has evidenced the existence of diverse cultural dimensions, namely individualism-collectivism and power distance. In addition, the family buying decisions is one of the most difficult consumer behavior subjects. Thus, adolescents have become an increasingly attractive segment for companies because they are considered an active element and have an influence on the family, and on the other, they constitute a very important future market. In these, the role of the adolescent is not properly’ explained, having often been devalued. Furthermore, products for adolescents’ use have not yet been adequately studied, particularly the breakfast cereals.
The main purpose of this research is to examine the influences of the national cultural constructs of individualism-collectivism and power distance, and consumer socialization effects on adolescent’s influence on breakfast cereals purchase decision.
A survey was used via two self-administered questionnairestwo questionnaires: one aimed at adolescents and the other directed at mothers, in high schools in Lisbon district, Portugal. 3,600 questionnaires were delivered in classrooms during May 2018. Adolescents’ students, aged 12 to 19 years, were instructed to fill their questionnaires in the classroom and to deliver the remaining 1,800 questionnaires to their mothers’ and to return them, fully completed, some days later. This resulted in a total of 726 questionnaires by mothers and 726 by adolescents, with a total of 1,452 validated questionnaires.
Results on logistic regression analysis point to distance to power,concept-oriented communication, television influence, and internet Influence as explanatory variables for breakfast cereals’ purchase. It can also be found a significant similarity of perceptions between the mother and the adolescent with regard to the participation of adolescent on that purchase decision. However, it is also important to point out some differences between mother’ and adolescent’ perceptions, which resulted on considering differentvariables as explanation ones for each member view of adolescent’ influence. The mother's and adolescent's perceptions of his influence on the purchase of cereals is very similar. From mother’ and adolescents’ perception, concept-oriented communication, television influence, and internet Influence as explanatory variables for that purchase’ influence. So, those adolescents living with consensual parents being perceived as having more influence on family purchases than those with protective parents. More, adolescents having higher television influence and higher internet influence will be more influent on family purchases. Besides that, from the mother’ point of view, adolescents living in low distance to power culture will be positively related to the adolescent’s influence on family purchase decisions, also valuating the distance to power as an explanatory variable for breakfast cereals purchases.
Academic contributions of this study to knowledge in this area field point out to the relevance of including the adolescent in purchases for his own use is reinforced.
Managerial implications are derived for the future for companies who want to understand that when considering breakfast cereals, marketing managers should direct their efforts to those adolescents who live in low distance to power cultures, to those adolescents who are more influenced by television and by internet, and to the ones living with consensual parents. Those results are innovative in this research domain.
Finally, this research also contributes significantly to companies pointing to consider adolescent has an active participator on family purchase decisions. Having the adolescent relevant role on family buying decisions, it is important that marketers focus their efforts on his/her satisfaction.Comparing the mother’ and adolescent’ perceptions on his/her’ influence on that decision allows us to reinforce those contributions.
Indian securities market is sensitive and unpredictablewhere optimal portfolio is critical to get maximum return and minimum risk. In this study, a comparative study of IT sector has been thought about for building the ideal portfolios. Fifty companies have been selected and risk premium to beta ratio has been calculated and ranked the best stocks from highest to lowest. Both Ideal and Optimal portfolios calculated risk and return. The cut-off point also taken into consideration to calculate the proportion of money to be invested, where to invest and how much to invest. The important outcomes of this study is to compare all the stocks, choose the best stock and help to investors for investing funds into ITthis sector and to choose which companies could give most elevated return at low risk and the best one.