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

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

Comments (0) Cite this document
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 PAPER91.4% 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
(“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
(Interview of a Person Who Works in a Multinational Company Essay)
Interview of a Person Who Works in a Multinational Company Essay.
“Interview of a Person Who Works in a Multinational Company Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

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

The Marketing Communications Strategy & Mix: Sports Company

Despite the challenges that Adidas met in the 90s from fierce competitor Nike, the company hit the rebound by the end of that decade and has reclaimed its position as one of the leading sports companies nationwide. Considering that the company almost went bankrupt at its lowest point, it managed to rise and compete once again in the market.
With Adidas’ position in the sports apparel industry, this research aims to find out and evaluate the various marketing communications strategies that Adidas has implemented over the years. Further, this research aims to be able to identify which strategy is proven to be most effective, and which did not bring the desired results.

Football is undoubtedly the most popular s...
9 Pages (2250 words) Case Study

Structure of Ford Motor Company

It was only in 1927 when GM overtook Ford in sales that Henry Ford felt the need to innovate Model A that was more in tune with the times (Cattlel, 2000).
Today, Ford Motor Company is the biggest family-controlled auto-manufacturer with number three spots in the list of world’s biggest manufacturers and sellers of vehicles. In, 2007, for the first time in 56 years, Ford was relegated to the third spot from second by the Toyota of Japan. Ford manufactures cars, trucks, and SUVs in the brand range of Ford, Mercury, Lincoln, Volvo, and Mazda. Ford’s s distinctly home-spun variety economy class Mondeo and Mustangs sold the world over, and Lincoln stands for luxury and elegance. Lincoln Motor Company was the first stra...
13 Pages (3250 words) Term Paper

The Company Targets Customers

...-end Servers for companies and institutions. As a principle HP doesn’t reveal non-public product details, financial information, marketing, R &D, manufacturing and Personnel Data. We will work on whatever information the company discloses and is available in common domain of knowledge to assess our strengths, marketing mix, current strategies, current events and global information and discuss how they can be more streamlined in. In today’s world no amount of market strategising is enough, no amount of competitor’s latest strategies and innovation and we have always to remain in an ever evolving role. HP Pavilion and sister products We have chosen our Personal Computer as the product of our current study. Just for sake of recall, we make...
8 Pages (2000 words) Case Study

Company Strategy to the Public Sector

The definition of corporate strategies emphasizes the need for the organization to satisfy the needs of all the stakeholders if the organization is to achieve its overall objective of maximizing shareholder value. Stakeholders include employees, customers and the communities in which the organization operates. Employees, customers, and communities, therefore, have a significant impact on the success of the organization and thus on the corporate strategy of the organization. In formulating corporate strategy, organizations need to identify and priorities strategic issues, which involve scanning, selecting, interpreting and validating information. (Schneider, 1989).
The aim of this paper is to explain the strategy of an organiz...
7 Pages (1750 words) Assignment

Analysis of Offences Against the Person Act

She suffered sleeplessness and panic attacks after this and was diagnosed with reactive depression. She told her brother, Ian, who saw Boris in the local pub and threw his beer glass into Boris’s face. The glass broke and Boris lost the sight in one eye as a result. Explain what non-fatal offences may have been committed here. It is also necessary to consider the Sexual Offences Act 2003 as the act of the hypnotist could be regarded as a sexual1.

The most minor assault is common assault as described by s39 Criminal Justice Act 1988. Under s39 an assault is committed if a person assaults another or commits a battery. An assault has been defined as when a person intentionally or recklessly causes another to app...
6 Pages (1500 words) Case Study

Can One Person Make a Difference in an Organization

Each individual has something to contribute but at times one person can make a difference to an organization.
Technology today has made it possible to retain and conserve knowledge and transmit it to other people in an organization. The knowledge that has been created by a single individual can be a powerful weapon when retained, transmitted, disseminated and applied. According to Nonaka, new knowledge begins with an individual (Chaston, Badger & Sadler-Smith, 1999). When the new knowledge is generated it is merged with the existing knowledge and new knowledge from other sources and provides the basis for new products and processes. Thus knowledge has been classified into two categories – explicit and tacit. Explici...
6 Pages (1500 words) Case Study

Company Law Issues

Various sections of the CA are coming into force over a staged process and the relevant provision relating to authority is sections 39 and 40, which came into force on 1 October 2007.

Section 39(1) of the CA provides that “the validity of any act done by a company shall not be called into question on the ground of lack of capacity by reason of anything in the company’s constitution”

Additionally, section 40(1) provides that: “In favor of a person dealing with a company in good faith, the power of the board of directors to bind the company, or authorize others to do so, shall be deemed to be free of any limitation under the company’s constitution”.

Section 40 (2)...
9 Pages (2250 words) Case Study

Situational and Behavioural Interview Question

Structured interviews aim to promote objectivity and minimize objectivity which is inherent in unstructured interviews. This makes these two types of interviews more valid and reliable than the unstructured one when being used for HR recruitment and selection processes.

Over the years, structured interviews have gained popularity in the corporate world. Situational interviews are one type of structured interviews (Mauer, Solamon, & Troxtel 1998, 128; Mauer et al. 2001, 709).

In a situational interview, the questions revolve around a given situation or scenario where the interviewee is supposed to answer what she will likely do in order to address the situation (Huffcutt et al. 2001, 619-620). The question...
6 Pages (1500 words) Coursework

Business Sustainability and Society: Coca-Cola Company

For centuries, ethics has been a crucial and significant component of human societies that contributed enormously to the creation of norms and values through religious influences, as well as through the contribution of intellectuals and philosophers in society. Unfortunately, nowadays, it is an observation that individuals, organizations, and even nations have commenced overlooking the phenomenon of ethics in their practices, specifically in the business sector that has become the major stakeholder confronting criticisms related to ethical practices. Critics (Crane, pp. 23-29, 2007) argue that business ethics has now become a component limited to theoretical policies and frameworks of business organizations, and such principles an...
10 Pages (2500 words) Case Study

Employee Commitment in Multinational Organisations

.... For example, a US multinational company with more than 50 foreign subsidiaries with centralized management may hinder some employees in the foreign subsidiaries from moving to the top management. Competence among employees is maintained through ensuring that they have hopes to advance in their careers. Edwards et al. (2007) observe that the morale of employees decreases when they work in the same position over a long period of time. As a result, they work harder to move up the ladder through promotions, hence the human resource managers need to ensure that promotions are awarded for good performance. Multinational companies use this strategy especially when identifying the employees who are competent to be given the privilege of heading...
8 Pages (2000 words) Essay
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.

Let us find you another Essay on topic Interview of a Person who Works in a Multinational Company for FREE!

Contact Us