en-NL
Nowadays  Consumer Demand And  Supply Economic Theory

Nowadays Consumer Demand And Supply Economic Theory

JOHN LOK
Language: English - 203 pages
Hardcover
€19.00
€19.00
Ink of Knowledge, amazon publish

Synopsis

Employee Behavior and Consumer Choice In the framework of organizational behavior, the conduct of employees is not merely an internal metric of efficiency but a primary driver of brand perception and consumer decision-making. My view argues that the productivity and behavioral alignment of workers are foundational to long-term corporate success.When employees exhibit high levels of engagement and positive organizational citizenship, the resulting service quality acts as a non-price determinant of demand. From a microeconomic perspective, consumer choice is often modeled through utility maximization. However, my view introduces the "time factor" as a transformative element in this equation.My view posits that if an organization’s internal behavior leads to delays or inconsistent service, the consumer’s "individual consumption desire" may shift. This shift is not necessarily due to a change in the product’s inherent utility but due to the opportunity cost of time. Consequently, a consumer may abandon their original preference for a product or service in favor of a competitor that offers greater temporal efficiency. This aligns with broader economic theories found in Principles

Product specifications

BindingHardcover
LanguageEnglish
Publishing dateFriday, 27 March 2026
Edition1
Pagecount203
Interior colorBlack/white
Size155 x 235 mm
PublisherInk of Knowledge, amazon publish
AuthorJOHN LOK
CategoryBusiness > Economics