Is it important to look at consumer behavior as a system?
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I have always been interested in variables that have an inverse (-) relationship to one another. As A goes up, B goes down or as A goes down, B goes up.
All too often we assume that things are always directly (+) related to one another. As A goes up, B goes up. As A goes down, B goes down.
Life is a little more complicated than that. Regardless of the reasons, how important do you think it is to look at consumer behavior from a systems perspective?
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This solution discusses the following scenario:
I have always been interested in variables that have an inverse (-) relationship to one another. As A goes up, B goes down or as A goes down, B goes up.
All too often we assume that things are always directly (+) related to one another. As A goes up, B goes up. As A goes down, B goes down.
Life is a little more complicated than that. Regardless of the reasons, how important do you think it is to look at consumer behavior from a systems perspective?
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I think it's important, but I also think that systems perspective related to consumer behavior needs to be kept in perspective. Ideally, it is a great tool to use to analyze various processes including consumer behavior. The systems perspectives can show us what drives demand, what causes demand to fall, and how the changes in our goods and services ...
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