Future Technology How Influences Consumer Behavior Change

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ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.7/5 (288 download)

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Book Synopsis Future Technology How Influences Consumer Behavior Change by : Johnny Ch Lok

Download or read book Future Technology How Influences Consumer Behavior Change written by Johnny Ch Lok and published by . This book was released on 2021-03-26 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, the current technological changes of humans and machines, but rather an opportunity for work to truly become a channel though which human recognize full potential. As US is a high technological developed country. I assume many US employers will choose to act to be the first high technological and invention manufacturing leader to encourage which labors need to learn high technological production methods to prepare manufacture any new technological products to sell in the future US domestic or foreign both markets. Thus, it is possible that future high technological manufacturing labor numbers will be shared large go e.g. 50 to 60% future total US labor market.How can future US labor market affect job creation and productivity growth? US future economic growth requires factor reallocation across US firms and continuous replacement of technologies. US labor market influences US economy dynamism by their impact on the supply of a key factor, skilled workers to US new and expanding firms, US growth -favoring labor market includes portable pension plans and health insurance united to the current US employers, individualized wage-setting and US public income insurance systems that encourage mobility and risk taking. US future economic growth arises as production shifts from less to more successful firms though the reallocation of factors of production . US labor market can advance restructuring. Overly regulations tend to create a system in which a large share of economic activity occurs in US small firms without the ability to grow. US labor market should be organized to promote potential high growth US firms, especially through decentralized and individualized wage setting, portable jobs.In the future, US will have many key importance of high growth firms. US capitalism entails a process of creative destination. New ideas continuously challenges act structures, giving rise to structural transformation as successful innovations and new products firms and industries will arise and obsolete ones will decline in US society. Martin, J. P. (2012) studies pointed to high-growth forms ( sometimes known as gazelles) as the main drivers of this process. In the US, an estimated 1% of firms creation 40% of all new jobs and 5% create almost 70% of new jobs. A review of the studies of US firms growth reveals some common findings . US high-growth firms are crucial to net job growth, generating a large share of all net jobs . This is particularly pronounced in recessions, when US high-growth firms continue to grow when other US firms deadline. US small firms are over-represented among high-growth firms, but these US firms come in all sizes . A small subgroup of large high growth firms are major job creators. Such as US high -growth firms are younger on average, US young and small high high-growth firms grows, not through mergers and acquisition and make a larger contribution to net employment growth than do US larger and older higher growth firms, high growth firms are present in all industries. Through they are slightly overrepresented in service industries in US.Some economists predict that future US will be a flexible labor market, the marginal product of labor and the average wage in an industry should tend toward equally across US firms. Taking advantage of a legislative change to raise cost to US employers a study measured the gap between the marginal product of labor and the average wage in an industry before and after the reform. The gap increased after the legislation, which suggests that the legislation reduced allocative efficiency. Their studies have suggested that total factor productivity could increase by as much as 30% in China and India of they were to attain the US level of allocation efficiency across firms within individual industries.

Technology and Consumption

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Publisher : Springer Science & Business Media
ISBN 13 : 1461421586
Total Pages : 222 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Technology and Consumption by : Ruby Roy Dholakia

Download or read book Technology and Consumption written by Ruby Roy Dholakia and published by Springer Science & Business Media. This book was released on 2012-05-16 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology and Household Consumption is a comprehensive text that provides insights into technology’s impact on consumer behavior and the household environment. Consumption and consumer behavior has become a very important subject of study that is now covered in many disciplines including family economics, culture studies, and feminist/women studies. In the first section, this book provides a historical perspective on how consumer behaviors have changed because of technology and how technology itself has changed. Data on ownership and expenditures is detailed in describing the penetration of technology in the household and changes over time. In the examination of demographics and social changes, an emphasis is placed on women and children. As it is important to understand the entry paths and factors that influence them, the book also introduces a research framework to understanding the adoption and utilization of household technologies. In the second section, the book examines specific household technologies and consumption experiences including shopping choices and behaviors, entertainment outlets and availability, communications technologies, and working at home. The book concludes with a section on the relationships between marketers and consumers.

Future Unique Technology Influences Consumer Behavioral Change

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Publisher :
ISBN 13 : 9781079695205
Total Pages : 127 pages
Book Rating : 4.6/5 (952 download)

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Book Synopsis Future Unique Technology Influences Consumer Behavioral Change by : Johnny Ch LOK

Download or read book Future Unique Technology Influences Consumer Behavioral Change written by Johnny Ch LOK and published by . This book was released on 2019-07-10 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, the current technological changes of humans and machines , but rather an opportunity for work to truly become a channel though which human recognize full potential. As US is a high technological developed country. I assume many US employers will choose to act to be the first high technological and invention manufacturing leader to encourage which labors need to learn high technological production methods to prepare manufacture any new technological products to sell in the future US domestic or foreign both markets. Thus, it is possible that future high technological manufacturing labor numbers will be shared large go e.g. 50 to 60% future total US labor market.How can future US labor market affect job creation and productivity growth? US future economic growth requires factor reallocation across US firms and continuous replacement of technologies. US labor market influences US economy dynamism by their impact on the supply of a key factor, skilled workers to US new and expanding firms, US growth -favoring labor market includes portable pension plans and health insurance united to the current US employers, individualized wage-setting and US public income insurance systems that encourage mobility and risk taking. US future economic growth arises as production shifts from less to more successful firms though the reallocation of factors of production . US labor market can advance restructuring. Overly regulations tend to create a system in which a large share of economic activity occurs in US small firms without the ability to grow. US labor market should be organized to promote potential high growth US firms, especially through decentralized and individualized wage setting, portable jobs.In the future, US will have many key importance of high growth firms. US capitalism entails a process of creative destination. New ideas continuously challenges act structures, giving rise to structural transformation as successful innovations and new products firms and industries will arise and obsolete ones will decline in US society.

Digital and Social Media Marketing

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Publisher : Springer Nature
ISBN 13 : 3030243745
Total Pages : 337 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Digital and Social Media Marketing by : Nripendra P. Rana

Download or read book Digital and Social Media Marketing written by Nripendra P. Rana and published by Springer Nature. This book was released on 2019-11-11 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines issues and implications of digital and social media marketing for emerging markets. These markets necessitate substantial adaptations of developed theories and approaches employed in the Western world. The book investigates problems specific to emerging markets, while identifying new theoretical constructs and practical applications of digital marketing. It addresses topics such as electronic word of mouth (eWOM), demographic differences in digital marketing, mobile marketing, search engine advertising, among others. A radical increase in both temporal and geographical reach is empowering consumers to exert influence on brands, products, and services. Information and Communication Technologies (ICTs) and digital media are having a significant impact on the way people communicate and fulfil their socio-economic, emotional and material needs. These technologies are also being harnessed by businesses for various purposes including distribution and selling of goods, retailing of consumer services, customer relationship management, and influencing consumer behaviour by employing digital marketing practices. This book considers this, as it examines the practice and research related to digital and social media marketing.

Technology How Influences Future Tourism Market Changes

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (892 download)

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Book Synopsis Technology How Influences Future Tourism Market Changes by : John Lok

Download or read book Technology How Influences Future Tourism Market Changes written by John Lok and published by . This book was released on 2023-01-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: I write this book aims to research how psychological and/or economy factors can influence consumer behavior. This study of consumer behavior emphasizes how to do the " why" and "how" questions involved in decision making and buying behavior by psychological and economy influence factors. Why and how technology may influence traveler market changes? In my this book, I shall apply technology knowledge to explain how new technology may influence future travel market changes to bring new excitement feeling to future travelers.

Learning Social Change How Influences Consumer Behavior

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (88 download)

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Book Synopsis Learning Social Change How Influences Consumer Behavior by : John Lok

Download or read book Learning Social Change How Influences Consumer Behavior written by John Lok and published by . This book was released on 2022-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How social change influences human behavioral change ? Why human behavior may be influenced by social change? Our individual behavior whether can be influenced to bring negative or positive attitude by social change? I shall attempt to indicate cases to explain whether our individual behavior can be influenced to changed by social environment change. Readers can have more understand how and why social change may influence our behavior in possible. Behavioral economy is one useful and fun social subject. Behavioral economists ususally research how and why human behaviors may influence economy growth or recession, or how and why economy environment changing factor may influence human behavior changes. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth. It brings this question: What are future influential technological development trend to US and UK?

Artificial Intelligence Influences: Marketing Strategy

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Publisher : Independently Published
ISBN 13 : 9781091760240
Total Pages : 400 pages
Book Rating : 4.7/5 (62 download)

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Book Synopsis Artificial Intelligence Influences: Marketing Strategy by : Johnny Ch Lok

Download or read book Artificial Intelligence Influences: Marketing Strategy written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-03-27 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: However, (AI) big data gather tool will encounter these challenges when any business plans and implements to apply it to predict consumer behavior in retail industry. The challenges include that as below:1.The high cost and difficulty of implementing new technologies . The (AI) big data gather tool needs capital and capabilities to be designed to implement to be applied to different retail industry users. so, expensive barriers to innovation, an organization and the skillsets of its people to support a new design of (AI) big data gather tool, highly digital technology may be required.2.Slow pace of cultural change. Consumers need to adapt or accept (AI) new technology consumption model in the traditional retail industry. The rate of change is outpacing the ability of businesses to keep up. (AI) big data gather tool needs to be designed to adopt in new or evolved business model requires, in most cases, a new level of customer behavioral predictive machine operation will impact to influence any retail businesses' consumer behavioral changes at a minimum, an organization's structure, capabilities, culture and decision making. If the retail business expects to apply (AI) big data gather tool to predict how to change its consumer behaviors and how their consumption behaviors will tend to change in order to achieve to change their positive emotion from negative emotion before they choose to buy its product or consume its service in success.6.3Challenge to using (AI) neural networks to predict customer behavior from big data gather tool(AI) big data gather tool will encounter the challenge: How can predict customer behavior be represented as sequential data describing the interactions of the customer with a company or an (AI) data gather system through the time, e.g. these interactions are items that the customer purchase or views ? So, every customer data gather, (AI) needs to spend time to analyze how and why to cause whose consumption behavioral choice. It is too difficult matter or judgement for (AI) learning. So, (AI) needs to spend time to learn how to analyze every customer's shopping behavior or actin in order to gather all different consumers' past shopping action information in order to help business owners to predict future its potential customer shopping behavior how to change more clear and accurate prediction. (AI) big data gather tool needs to learn to know that how to judge every customer interaction likes purchases over time can be represented with sequential data. Sequential data has the main property that the order of the information is important. Many (AI) machine learning models are not suited for sequential data, as they consider each input sample independent from previous ones. Therefore, at the end of the sequence, (AI) big data gather learn machines need to keep in their internal state of every customer purchase data, kind of product or service, price, whole year consumption times form all previous inputs, making them suitable for this type of data.

Why Is Big Data Gathering the Best Method to Predict Consumer Behavior

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Publisher : Independently Published
ISBN 13 : 9781729294741
Total Pages : 574 pages
Book Rating : 4.2/5 (947 download)

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Book Synopsis Why Is Big Data Gathering the Best Method to Predict Consumer Behavior by : Johnny Ch Lok

Download or read book Why Is Big Data Gathering the Best Method to Predict Consumer Behavior written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-10-26 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: I write this book aim to explain how and why whether artificial intelligence ( big data gathering tool) is better method to compare economic or statistics or psychological methods to predict consumer behavior. If future artificial intelligent technology can be developed to apply to predict consumer behavior, what requirements does it need to achieve consumer psychological prediction function? This book aims to explain why and how future artificial intelligent technology ( big data gathering method) can be applied to assit businesses to predict why and when and how consumer behavior changes. I shall explain why traditional psychological and statistic and marketing methods are applied to predict consumer behaviors, human's judgement and analytical effort will be worse to compare AI machine's judgement and analytical effort. Also, I shall indicate different business organizations why they apply AI big data gathering method to help them to design any questionnaires ( surveys) questions which will be more valid and useful to conclude human's questionnaires ( surveys) design questions method.This book has these two research questions need to be answered?(1)Can apply (AI) learning machine predict consumer behaviors?(2)Can (AI) learning machine replace human marketing research method, e.g. survey or human psychological and micro and macro economic methods to predict consumer behaviors more accurate?Nowadays, many businessmen or marketing research professional hope to apply different methods to predict consumer behaviors in order to know what will be future market activities and market changes to help them to choose to implement what kinds of marketing strategies more accurately. The methods include economic environmental change prediction method, consumer individual psychological change prediction method, micro or macro behavioral economic environmental change prediction method, marketing environmental change prediction method etc. different kinds of methods which can be applied to predict how consumer behavioral changes to influence whose behavioral consumption to the manufacturer products sale within one to two years short term or three to five years middle term, even above five years long term business plans.Hence, if the product manufacturers can apply the most suitable consumer behavioral prediction method to predict how consumers' choice will be changed to influence their products sale easily. It will have more beneficial intangible and tangible advantages to achieve the their product easier sale aim to ensure their businesses' future market share to be increased more easier to their countries' choice target sale markets. Otherwise, if they applied the inaccurate consumer behavioral prediction methods to predict how their consumers' behavioral changes wrongly. Then, it will influence their market shares to be same level, even it will decrease their market shares, when their consumer behavioral prediction inaccurately.In my this book first part, I concentrate on indicate whether any artificial intelligence (AI) tools will be one kind of good consumer behavioral prediction method to be choose to apply to predict consumer behaviors. I shall indicate some examples, cases to give reasonable evidences to analyze whether (AI) tools will be one kind suitable tool to be applied to predict when and how consumer behavioral changes. If (AI) can be one kind tool to attempt to be applied to predict when and how consumer behavioral changes. Will it replace other kinds of methods to predict consumer behaviors? Does it have weaknesses to be applied to predict consumer behaviors, instead of strengths? Can it be applied to predict consumer behaviors depending on any situations of only some situation? Finally, I believe that any readers can find answers to answer above these questions in this book.

Can Robots Influence Market Development

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ISBN 13 :
Total Pages : 181 pages
Book Rating : 4.5/5 (288 download)

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Book Synopsis Can Robots Influence Market Development by : Johnny Ch LOK

Download or read book Can Robots Influence Market Development written by Johnny Ch LOK and published by . This book was released on 2021-06-29 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Main barriers influence artificial intelligence consumer behavioral prediction to threaten AI marketing development in success. The factors may include: In future, it is possible that these barriers will influence how to apply (AI technology) to predict consumer behavior in success. The barriers may include: Lacking of a (AI) digital data gathering vision and strategy, lacking of efficient workforce readiness, (AI) technology constraints., non reaching (AI) consumer behavioral prediction mature stage, time and money and resource constraints, law and regulations prohibition to develop (AI) consumer behavioral prediction bug data gather technology. However, the recommendation of solutions to attack the barriers to influence artificial intelligence consumer behavioral prediction not success, it may include gaining employee buy in to participate and develop (AI) consumer behavioral prediction technology, making customer experience to a concern (AI) big data gather questionnaire investigation, providing compensation, training to employees in order to achieve (AI) consumer behavioral big data questionnaire investigation research digital technological goals and strategy, task senior leaders manage any (AI) digital big data gather technology changes, putting policies and (AI) big data gather digital technology in place to support a fully remote, flexible workforce in any (AI) digital big data gather questionnaires research projects, teaching all employees how to code/understand (AI) big data gather consumer behavioral prediction software development, appointing a chief (AI) officer to manage any (AI) big data gather customer behavioral prediction projects and automate everything and encourage customers to attempt experience to self-service and (AI) big data gather questionnaire research to earn beneficial consumption aim after they gave feedback to any (AI) digital questionnaire researches. So, in the future, the (AI) digital big data questionnaire researches can include these industries surveyed, such as automat m financial services, public healthcare, private healthcare, technology, telecoms, insurance, life sciences, manufacturing, media and entertainment , oil and gas, retail and consumer products etc. Hence, in the future, any of these industries can attempt to apply (AI) digital big data gather technology to predict how and why consumer behaviors will change in order to avoid reducing consumer number threat occurrence. 10.1 (AI) digital data gather technology predicts food consumer behavior's main barriers What are the main barriers to food industry? When the food manufacturer applies (AI) big data gather technology to predict food consumer behavior? The barriers include that the food manufacturer / provider needs to decide whether when the right time is applied to the right (AI) digital big data prediction tool channel to find the right food consumers to be chose to full food consumption satisfactory questionnaires, how to gather multi-class food consumption classifiers on real-world food consumers transactional data from the food sale domain consistently to show the critical numbers of different kinds of food items at which the predictive performance most accurate? So, any food manufacturer / provider's advanced in (AI) digital data gather warehousing and management technologies can provide that opportunities for food business to enhance long term relationship with the food providers' clients.

Consumer Behavior in Practice

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Publisher : Springer Nature
ISBN 13 : 3031509471
Total Pages : 272 pages
Book Rating : 4.0/5 (315 download)

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Book Synopsis Consumer Behavior in Practice by : Eugene Y. Chan

Download or read book Consumer Behavior in Practice written by Eugene Y. Chan and published by Springer Nature. This book was released on with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Smart Retailing

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Publisher : Springer
ISBN 13 : 3030126080
Total Pages : 109 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Smart Retailing by : Eleonora Pantano

Download or read book Smart Retailing written by Eleonora Pantano and published by Springer. This book was released on 2019-03-04 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: By providing a comprehensive theoretical framework, this book aims to map the most relevant technologies that have the potential to reshape the retail industry. The authors demonstrate how technology is pushing innovation, and examine how smart technologies can be fruitfully applied both in-store and through digital channels. The aim of the book is to synthesise theory and practice, and provide a richer understanding of new digital opportunities offered by the ‘smart’ experience. An accessible resource for researchers who want to understand this phenomenon as part of their expertise in digital marketing and e-commerce, Smart Retailing also provides insights for practitioners who are experiencing the dramatic effects of new technologies on their retail strategies.

Harness the Future

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Publisher : J. Wiley
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Harness the Future by : Shirley Roberts

Download or read book Harness the Future written by Shirley Roberts and published by J. Wiley. This book was released on 1998-01-23 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Successful marketing consultant Shirley Roberts offers a comprehensive picture of consumer dynamics and spending habits. The book gives business executives the tools they need to track, analyze, predict, and profit from emerging trends. Among Shirley Roberts's clients are Proctor & Gamble, Coca-Cola Ltd., and Ciba-Geigy Canada.

Can Robots Influence Human Behavioral Change

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Publisher : Notion Press
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (881 download)

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Book Synopsis Can Robots Influence Human Behavioral Change by : John Lok

Download or read book Can Robots Influence Human Behavioral Change written by John Lok and published by Notion Press. This book was released on 2022-09-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How AI technology influence productivities and service performance ? Whether it can raise productivities and improve service performance?This book aims to explain why and how future artificial intelligent technology ( big data gathering method) can be applied to assit businesses to predict why and when and how consumer behavior changes. I shall explain why traditional psychological and statistic and marketing methods are applied to predict consumer behaviors, human's judgement and analytical effort will be worse to compare AI machine's judgement and analytical effort. Also, I shall indicate different business organizations why they apply AI big data gathering method to help them to design any questionnaires ( surveys) questions which will be more valid and useful to conclude human's questionnaires ( surveys) design questions method. This book has these two research questions need to be answered? Can apply (AI) learning machine predict consumer behaviors? Can (AI) learning machine replace human marketing research method, e.g. survey or human psychological and micro and macro economic methods to predict consumer behaviors more accurate? Can robots influence human social future behavioral change?

Factors Influence Consumer Behavior

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Publisher :
ISBN 13 :
Total Pages : 166 pages
Book Rating : 4.8/5 (864 download)

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Book Synopsis Factors Influence Consumer Behavior by : John Lok

Download or read book Factors Influence Consumer Behavior written by John Lok and published by . This book was released on 2022-03-21 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Technology How Changes Lesiure Consumer Behavior

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Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.5/5 (623 download)

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Book Synopsis Technology How Changes Lesiure Consumer Behavior by : Johnny Ch Lok

Download or read book Technology How Changes Lesiure Consumer Behavior written by Johnny Ch Lok and published by . This book was released on 2020-11-10 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁SPORT HEALTH INFLUENCES SPORT CONSUMERS NUMBER INCREASESI belieive that when one country is experiencing stable economic growth, it will lead more healthier, I shall indicate reasons as below: How can economic growth lead healthier to poor people? Can economic growth influence medical service quality and doctors and nurses medical service performance of hospitals? Can economic growth influence quality of medicine to let patients to eat in order to raise more healthier? Has economic growth and medical health service ( production of medicine quality) direct or indirect relationship to lead patients more healthier? What are health impact income?I believe that when one developed country is experiencing stable economic growth, it can lead human employment growth in high technological job market, but it can also bring unemployment to low knowledge or skill job, such as cleaning, laboring job market, due to artificial intelligence technology will replace many low skillful job in the future. I shall explain as below: I assume that it has positive relationship between the accumulation of human capital relation to total employment and GDP growth. It means that a positive relationship between economic growth and the demand for qualified labor are consistent with the hypotheses of the form in the industrial export sector positively influenced by the accumulation of human capital. I shall explain the reason why economic growth can lead positive human employment growth as below: Namik, (1965) explained that economic growth theories reflect on the continuous increases in the gross national product, because of interaction that occurs in a given environment; in a certain time period, including various changes in the presentation of productive factors in society labor, capital and nature resources to lead these radical changes to increase successive demand on commodities and hence an increase in national income.Hence, society labor knowledge or skillful development will be one important factor to influence any country's economic growth. If the country has many good educational and skillful labor, then the country will have more possible to raise economic growth for long term, due to they can apply their expertise skills and knowledge to attribute to their country's different kinds of high skillful or knowledge jobs or occupations to do in order to raise themselves country's productivities efficiently. Hence, economic growth has more effort to raise human ( labor) these knowledge or skillful development in possible. Considering how economic growth leads labor's skillful and knowledge development positively, I shall indicate these factors as below: Firstly, on manufacturing industry labors development factor hand, I assume that China's industrial export sector has been positively influenced by the accumulation of human capital, due to many China young people who had graduated any different kinds of degrees, e.g. engineering, education, law, accounting, business, management, chemical, medical, architectural, biology, medicine, computer science, earth science, space science, ocean science, environmental science etc. different kinds of subjects from overseas universities or local universities. Them they apply their expertise knowledge to attribute their skills to do any kinds of professional jobs in China's society.

New Technological Invention How Changes

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (888 download)

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Book Synopsis New Technological Invention How Changes by : John Lok

Download or read book New Technological Invention How Changes written by John Lok and published by . This book was released on 2022-12-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our business society had developed long time from farming period to manufacturing period, then to service industry period, till to nowadays technology service and manufacturing period. It brings this question: Can technology or human behavior may influence economic development? Human ourselves foolish or enjoyment behavior whether which can bring economic recession? If human can forgive to do enjoyment behavior, we can help economic growth? How new technology invention influences consumer behavior changes? I shall apply behavioral economic theory to indicate cases to attempt to explain these questions.

How Technology Raises Consumer

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Publisher :
ISBN 13 :
Total Pages : 422 pages
Book Rating : 4.6/5 (32 download)

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Book Synopsis How Technology Raises Consumer by : Johnny Ch LOK

Download or read book How Technology Raises Consumer written by Johnny Ch LOK and published by . This book was released on 2020-03-24 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Micro or macro economic methodconsumer desire measurementThe role of economy can measure consumer behavior, it can be used to analyze and gather social data, e.g. how many different brands of product are selling in the country, how many youth people, working people, old people age groups are living in the country, how many the kind of product number is sold in the yar, how many average shopping times to the kind product to the country overall consumers number in the year, how long useful time to be replaced another new product , the country's consumers they use the kind of product. Consequently, economist can conclude the effect of the kind of product sale number, different age of consumers' purchase times and useful time etc. different market data in order to predict whether the kind of product ought be manufactured how many number which is the most suitable number as well as whether the reasonable price level is to achieve the most highest sale income to the country's the kind of brand product next year.In general, consumer behavioral research economists have improved the research task of analysing and predicting economic change how it can influence consumer behavior. A great deal of economic work has been devoted to building and testing models, that is systems of relationships designed to how the interdependent variation of a set of variable, and with estimating the constants in these consumer behavioral influence models.Moreover, a system of equations in which the values of some variables appear for consecutive time periods can be used for any countries' consumer behavioral changing prediction purposes , but the predictions which can be express the way in which the system would vary through time if it were allowed to run undistributed. The aspect of the research consumer behavioral changing matter is now recognized and specifies the assumed properties , since they have importance bearing not only in prediction, but also on the estimation, e.g. how and why and when the country's consumer purchase habit will sudden change. Hence, the consumer behavioral research economists' role is to provide the country's market information about the systematic factors at work , so that the variable element of guess-work is reduced as far as possible.All practical economists who are not econometricians will readily assent to this statement as it relates to identities or definitions. No one in his senses will be content with predictions: what the most minimum of income level influences consumer individual shopping desire reduces, what the most minimum of savings level influences general consumers' shopping desires reduce etc. which do not satisfy the usual accounting identifies.