StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Interview of a Person who Works in a Multinational Company - Essay Example

Cite this document
Summary
Interview Paper Description of the person being interviewed The person who is being interviewed for the purpose of the essay works in a Multinational company and is aged 32 years. He is working in the company for about 5 years and is on the path to get promoted to the next level in the next few months…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.4% of users find it useful
Interview of a Person who Works in a Multinational Company
Read Text Preview

Extract of sample "Interview of a Person who Works in a Multinational Company"

Download file to see previous pages

He loves to watch advertisements and hates to waste time. He spends his weekends with his friends and relatives mostly. The person tries to have a consistent behavior or responses for the situations that are recurring. He is a person who likes to avoid risks. He follows a balanced budget. Explanation of the nature of the decision The nature of the decision processes will involve 5 crucial steps. They are as follows: Recognition of the problem, search for information, and evaluation of the available alternatives, decisions on purchase and behavior on post purchase.

The market for a particular product can impact upon the decision making process. Some of the marketing mix processes include quality of the product, price of the product, promotion of the product and place. Now the person being interviewed watches advertisements and therefore his decision is bound to get influenced by the various promotional strategies. Moreover, he will not hop for lowest price and so will buy the product at his door step even at a slightly higher cost as he hates to waste time.

Social cultural activities can also influence the purchasing decisions (Boone and Kurtz, 156). The socio cultural influences include personal influences, reference from groups, friends and social class. As the interviewed person spends time with friends and relatives his decision will probably get influenced by it as well. The number of substitute available in the market seems to affect the decision. As the person depicts a consistent behavior he would opt for the same product once bought if the product has been able to satisfy his needs.

New products available in the market may not have any impact on the purchasing decisions. The person will not opt for any decision where some amount of risk is associated and he is able to realize that. Therefore, he will purchase only those products which are available for long time and share a review from the other users. He will not take any initiative to try for new alternatives. The variables of price, income, tastes, and prices of other goods Suppose the price of the product that the person wishes to buy falls.

In that case the person under consideration will not like to buy some extra products as his requirements are limited currently. Lower prices will allow him to save more for the future and it is expected that his future family expenditure will rise. This would be a happy situation for the considered person as he is currently focused to save more. Again if the price of the product rises then he will try to shrink his demand as he follows a balanced budget. He will try and satisfy his needs within what he can buy with the amount according to the budget.

If there is rise in income levels then he is supposed to save a larger proportion of it for future expenditure and will use some portion of it for his necessities. As the person is inclined only in necessities and not in luxuries he will engage himself in purchasing decisions of only the necessary items. So the he needs to analyze the purchasing decisions and point out the necessities in order to take advantage of the situation. If there a change in tastes then the person under consideration will sacrifice some other products and will opt for the new product.

As the person d not have any increase in income in this case he will no other alternative but to spend less on a certain product which

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Interview of a Person who Works in a Multinational Company Essay”, n.d.)
Interview of a Person who Works in a Multinational Company Essay. Retrieved from https://studentshare.org/macro-microeconomics/1453702-interview-paper
(Interview of a Person Who Works in a Multinational Company Essay)
Interview of a Person Who Works in a Multinational Company Essay. https://studentshare.org/macro-microeconomics/1453702-interview-paper.
“Interview of a Person Who Works in a Multinational Company Essay”, n.d. https://studentshare.org/macro-microeconomics/1453702-interview-paper.
  • Cited: 0 times

CHECK THESE SAMPLES OF Interview of a Person who Works in a Multinational Company

Evolution of Multinational Telecommunication Companies

Evolution of multinational Companies (Telecommunication Companies) Name of the Student University Table of Contents Chapter I: INTRODUCTION 3 1.... Impact of multinational Telecommunication Companies on Different Countries 8 2.... However, the research problem that has been chosen for this study is related to evolution of the multinational telecom companies, the effect of these companies on the economy and society of different countries.... A study which presents a complete demonstration of the telecom multinational companies (MNCs) around the world would be appreciated....
9 Pages (2250 words) Personal Statement

Personal Develeopment Plan

With the internet and its various search engines I could immediately find the works I needed with the help of words or even phrases, without needing to go through entire tomes.... For instance, I often had to recruit the help of fellow math students who would take out exact figures without the flaws I was bound to make....
5 Pages (1250 words) Personal Statement

Mock Interview

I have undergone introspection and I have identified characteristics that make me valuable to the company of interest.... In addition, I did research on the trends, opportunities, projects and problems of the said company in anticipation of any questions that are related to these subjects.... My research was focused on what is important to the company and to the position I am applying for.... Chemistry involves how well a candidate can connect with the company's mission, its people, and its customers....
4 Pages (1000 words) Personal Statement

Degree in International Business Law

A career in law provides lots of benefits for the person who achieves that status.... My educational background will be very helpful for me in my journey towards a law degree due to my specific In life it is important to have goals and choose a career path that is aligned with a person's interest and competencies.... In order to become a successful company firms must penetrate foreign marketplace in order to increase their sales and customer base....
2 Pages (500 words) Personal Statement

Why Do I Consider Myself a Worthy Candidate for the Certain Position

More than that, however, I am a person who is very much dedicated to almost every aspect of life.... These areas of my education are very helpful to an aspiring CSA like me, as they will enable me to deal with clients of all walks of life and successfully close any transaction they might have with the company.... ldquo;I want to work for this company because not only is it reputed to have a good working environment that drives employees to excel, but it also has a record of fairness....
3 Pages (750 words) Personal Statement

Interview for the Position

The background in which I hold and my interest in Fashion Sense is one in which I believe can provide everyone in your company with new opportunities and initiatives.... The personal statement "interview for the Position" shows that the author would like to thank for taking the time to interview me and gather insights about my marketing strategy for Fashion Sense.... hellip; During my interview and presentation, I noted that I had just graduated with a marketing degree and was working on successful projects for TV commercials and billboards....
1 Pages (250 words) Personal Statement

Letter for Company

The personal statement titled "Letter for company" states that the name of the author is Ashley Choi.... Working for a cosmetic company has always been one of the author's key desires.... hellip; This is why I am so glad for having an interview or the vacant job position at your company.... I want to say that I can prove to be very beneficial for your company because working for a cosmetics company is my dream....
1 Pages (250 words) Personal Statement

Job Search and Interview Preparation

Here employees of a company can forward CVs of people known based on the skills set and the current open positions within the organization.... Here the prospective employees are required to send in the CVs to a company, however, the application is not focused on one position but open for any job the employee skills might match.... The author of the paper "Job Search and interview Preparation" argues in a well-organized manner that the most important aspect for any interview is to be on 'time', preferably at least a quarter of an hour before the appointment time....
1 Pages (250 words) Personal Statement
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us