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Consumer Behaviour
Consumer Behaviour
(PGDM)
Area: Marketing
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Course Description:
A firm’s value generation activity is fundamentally affected by its ability to understand its
consumers. So, it is essential that managers understand the process of consumer decision making
so as to identify, craft and deliver appropriate customer value. This course builds up this
foundation to understand the managerial implications to generate meaningful value propositions.
Adopting Journal of Consumer Research (2009) definition, we may state that:
“Consumer behavior is the study of the acquisition, consumption, and disposal of marketplace
products, services, and experiences by people operating in a consumer role.”
The course focuses on the need to understand the customer and factors that influence their
decision-making. In this way, it highlights how effective marketing strategies are rooted in a
nuanced understanding about consumption behaviours.
Since you have consumed all of your life, you walk into this course believing yourself to be an
expert on consumer behavior. However, you are expected to question your predispositions during
this course. You will be able to find the answers by reflecting on your experiences as a consumer
and linking them to the concepts discussed. Furthermore, it is advised that you keep your eyes
and ears open for real time observations around you. Here we insist on ‘immersion’, more than
‘projection’.
Learning Objectives
(a) To increase students’ awareness of factors influencing consumer decision making and of
the decision processes involved, in both local and global context.
(b) To develop the ability of students to take marketing decisions and develop strategies
keeping in consideration different consumer characteristics
(c) To understand and delineate the implications of ethical dimensions on marketing
decisions (learning outcome aligned to sub-goal 2.2)
Note: If the course is not already mapped to any of the program sub-goals, the faculty can still
specify the sub-goal which closely aligns with their course objective. It is not mandatory to
specify the same in case, the learning objectives do not align with any of the program sub-
goals.
Pedagogy:
An array of pedagogical methods is utilized, including case studies, in-class presentations,
lecture-demonstrations & team projects.
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Evaluation
Students will be evaluated on the basis of case analysis, group projects, class participation, and
end-term exam. The weightage given to each of these units is listed below:
Class Participation 10%
Assignment/Case Analysis/Quiz 20%
Group Project 30%
End Term Exam 40%
Individual
Assessment Methods
Assignment/Case 20% √
Analysis/Quiz
Class Participation 10% √ √
End-term Exam 40% √ √ √ √
*AACSB AOL sub goal 2.2 (Demonstrate ethical orientation while taking business decisions) to be assessed under
individual assessment methods only.
Note: 1. Assessment sheets other than the end term sheets for learning outcomes c, d, e needs to be submitted to
the AOL office.
2. The columns a, b, c, d and e represent the learning outcome.
Consumer Behavior: Schiffman, Kanuk & Ramesh Kumar; Published by Pearson Education
(India Edition), New Delhi
Other Reference Books
Consumer Behaviour: Blackwell, Miniard & Engel; Published by Cenage (India Edition),
New Delhi
Consumer Behavior: Loudon & Della Bitta; Published by Tata McGraw-Hill Publishing
Company Limited, New Delhi
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Shopper, Buyer and Consumer Behavior (Second Edition): Lindquist & Sirgy; Published
by Biztantra
Fortune at the Bottom of the Pyramid – C.K. Prahalad
We are Like that Only – Rama Bijapurkar
Consumer behavior-Mothersbaugh et al.; McGraw Hill
Recommended Journals
4
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Appear To Be?
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