SlideShare ist ein Scribd-Unternehmen logo
1 von 3
For Assignments Solution Contact
info.casestudyhelp@gmail.com
www.casestudyhelp.in
+91 9902787224
Behavioural Science
Q.2 Case study
A new report released by AIM Research and Hansa Cequity studies how and to
what extent organizations in India leverage behavioural science and data science to
analyse consumer behaviour across different industries and functions.
The report titled “Impact of Behavioural Science and Data Science on Consumer
Behaviour” also dives into the connection between behavioural and data science in
comprehending consumer behaviour and makes a case for their use in collaboration.
Data science has seen increasing popularity in the last couple of years and is used
extensively by most organisations to identify growth drivers. While data is a critical
input to improve customer satisfaction and increase revenues, Behavioural Science
plays a crucial role in studying and analyzing customer experiences, brand loyalty,
and overall consumer journey.
According to the study, there is limited use of Behavioural Science techniques by
Indian organisations to study buying behaviour. Around one in five respondents
said they had none or rare utilisation, indicating a significant scope for
improvements across certain industries and functions, some more than others. This
includes studying consumers’ implicit attitudes towards the brand or analysing the
impact of celebrity endorsements, ethnocentrism, the social image of inclusion or
exclusivity, etc.
The report provides detailed insights through a comprehensive analysis of the
survey. The study highlights cases where the utilisation of Behavioural Science
could see improved outcomes if two functions within the same company worked
together. Along with this, the study identifies areas in which Behavioural Science
and Data Science can be used in conjunction.
The study can be used by leaders or decision-makers to get insight into where their
companies stand in utilising Behavioural Sciences compared to others and realise
areas where they are falling behind. The study also helps its readers identify future
roadmaps in terms of using Behavioural Science along with Data Science to their
advantage.
Overall, almost every Behavioural Science technique (surveyed) had more than two
in five respondents (40%) agreeing to its high/very high utilisation. Although,
almost every technique also had more than 20% who said they had none or rare
utilisation. Respondents in the marketing function had higher utilisation of most
Behavioural Science techniques surveyed than all the other functions. Almost every
technique had more than/around two in three (66%) Marketing respondents, saying
that they have a high/very high utilisation.
In terms of industry, different sectors had the highest share of respondents claiming
they have a high/very high utilisation of different Behavioural Science techniques.
However, Telecom & Media consistently performed well—almost every technique
had more than 50% of Telecom & Media respondents saying yes to utilising it to a
high/very high extent.
Questions
(10 × 2 = 20)
1. Write the factors that influence the behavior of an individual.
2. Discuss about the situation how behaviour science deals with consumer behavior.
For Assignments Solution Contact
info.casestudyhelp@gmail.com
www.casestudyhelp.in
+91 9902787224

Weitere ähnliche Inhalte

Ähnlich wie IIBMS DMS CASE STUDY SOLUTIONS-Write the factors that influence the behavior of an individual..docx

THE STUDY OF PURCHASE INTENTION FOR MEN'S FACIAL CARE PRODUCTS WITH K-NEAREST...
THE STUDY OF PURCHASE INTENTION FOR MEN'S FACIAL CARE PRODUCTS WITH K-NEAREST...THE STUDY OF PURCHASE INTENTION FOR MEN'S FACIAL CARE PRODUCTS WITH K-NEAREST...
THE STUDY OF PURCHASE INTENTION FOR MEN'S FACIAL CARE PRODUCTS WITH K-NEAREST...
ijcsit
 
Running head REPORT 1REPORT5.docx
Running head REPORT 1REPORT5.docxRunning head REPORT 1REPORT5.docx
Running head REPORT 1REPORT5.docx
todd521
 
Quality Progress_October 2012_Brandt
Quality Progress_October 2012_BrandtQuality Progress_October 2012_Brandt
Quality Progress_October 2012_Brandt
Randy Brandt
 
Twintangibles - IP & IA in the Social Media Age
Twintangibles - IP & IA in the Social Media AgeTwintangibles - IP & IA in the Social Media Age
Twintangibles - IP & IA in the Social Media Age
twintangibles
 
The Influence Of CSR Awareness On Consumer Purchase Decision Of A Telecommuni...
The Influence Of CSR Awareness On Consumer Purchase Decision Of A Telecommuni...The Influence Of CSR Awareness On Consumer Purchase Decision Of A Telecommuni...
The Influence Of CSR Awareness On Consumer Purchase Decision Of A Telecommuni...
Patrick Sweet
 
Week 1 Lecture The Nature of Business ResearchBusiness researc.docx
Week 1 Lecture        The Nature of Business ResearchBusiness  researc.docxWeek 1 Lecture        The Nature of Business ResearchBusiness  researc.docx
Week 1 Lecture The Nature of Business ResearchBusiness researc.docx
kdennis3
 

Ähnlich wie IIBMS DMS CASE STUDY SOLUTIONS-Write the factors that influence the behavior of an individual..docx (20)

Impact of digital marketing on consumer purchase behaviour
Impact of digital marketing on consumer purchase behaviourImpact of digital marketing on consumer purchase behaviour
Impact of digital marketing on consumer purchase behaviour
 
The Triangulation of Truth
The Triangulation of TruthThe Triangulation of Truth
The Triangulation of Truth
 
THE STUDY OF PURCHASE INTENTION FOR MEN'S FACIAL CARE PRODUCTS WITH K-NEAREST...
THE STUDY OF PURCHASE INTENTION FOR MEN'S FACIAL CARE PRODUCTS WITH K-NEAREST...THE STUDY OF PURCHASE INTENTION FOR MEN'S FACIAL CARE PRODUCTS WITH K-NEAREST...
THE STUDY OF PURCHASE INTENTION FOR MEN'S FACIAL CARE PRODUCTS WITH K-NEAREST...
 
CIPR AI and Big Data Readiness Report
CIPR AI and Big Data Readiness ReportCIPR AI and Big Data Readiness Report
CIPR AI and Big Data Readiness Report
 
Running head REPORT 1REPORT5.docx
Running head REPORT 1REPORT5.docxRunning head REPORT 1REPORT5.docx
Running head REPORT 1REPORT5.docx
 
A Study On Impact Of Digital Marketing In Customer Purchase Decision In Trichy
A Study On Impact Of Digital Marketing In Customer Purchase Decision In TrichyA Study On Impact Of Digital Marketing In Customer Purchase Decision In Trichy
A Study On Impact Of Digital Marketing In Customer Purchase Decision In Trichy
 
Article 5 A STUDY ON MARKETING OF ORGANIC PRODUCTS THROUGH SOCIAL MEDIA PLATF...
Article 5 A STUDY ON MARKETING OF ORGANIC PRODUCTS THROUGH SOCIAL MEDIA PLATF...Article 5 A STUDY ON MARKETING OF ORGANIC PRODUCTS THROUGH SOCIAL MEDIA PLATF...
Article 5 A STUDY ON MARKETING OF ORGANIC PRODUCTS THROUGH SOCIAL MEDIA PLATF...
 
SURVEY KARO.ppt
SURVEY KARO.pptSURVEY KARO.ppt
SURVEY KARO.ppt
 
Digital & Beyond
Digital & BeyondDigital & Beyond
Digital & Beyond
 
DISSERTATION: Consumer Buying Behavior of Toothpaste Brands in Kolkata
DISSERTATION: Consumer Buying Behavior of Toothpaste Brands in KolkataDISSERTATION: Consumer Buying Behavior of Toothpaste Brands in Kolkata
DISSERTATION: Consumer Buying Behavior of Toothpaste Brands in Kolkata
 
Analytics_Wealth of Infomation
Analytics_Wealth of InfomationAnalytics_Wealth of Infomation
Analytics_Wealth of Infomation
 
The Digital Trust Paradox: The Key to Product Innovation via Big Data
The Digital Trust Paradox: The Key to Product Innovation via Big DataThe Digital Trust Paradox: The Key to Product Innovation via Big Data
The Digital Trust Paradox: The Key to Product Innovation via Big Data
 
Analytics in-action-survey
Analytics in-action-surveyAnalytics in-action-survey
Analytics in-action-survey
 
Quality Progress_October 2012_Brandt
Quality Progress_October 2012_BrandtQuality Progress_October 2012_Brandt
Quality Progress_October 2012_Brandt
 
Consumer behaviour research
Consumer behaviour researchConsumer behaviour research
Consumer behaviour research
 
Twintangibles - IP & IA in the Social Media Age
Twintangibles - IP & IA in the Social Media AgeTwintangibles - IP & IA in the Social Media Age
Twintangibles - IP & IA in the Social Media Age
 
The Influence Of CSR Awareness On Consumer Purchase Decision Of A Telecommuni...
The Influence Of CSR Awareness On Consumer Purchase Decision Of A Telecommuni...The Influence Of CSR Awareness On Consumer Purchase Decision Of A Telecommuni...
The Influence Of CSR Awareness On Consumer Purchase Decision Of A Telecommuni...
 
Week 1 Lecture The Nature of Business ResearchBusiness researc.docx
Week 1 Lecture        The Nature of Business ResearchBusiness  researc.docxWeek 1 Lecture        The Nature of Business ResearchBusiness  researc.docx
Week 1 Lecture The Nature of Business ResearchBusiness researc.docx
 
Final i v c 11 (1)
Final i v c 11 (1)Final i v c 11 (1)
Final i v c 11 (1)
 
The Attitude of Students Towards T.V Advertisements on Economic and Social As...
The Attitude of Students Towards T.V Advertisements on Economic and Social As...The Attitude of Students Towards T.V Advertisements on Economic and Social As...
The Attitude of Students Towards T.V Advertisements on Economic and Social As...
 

Kürzlich hochgeladen

Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
ZurliaSoop
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
heathfieldcps1
 

Kürzlich hochgeladen (20)

REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptx
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptx
 
Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
Spatium Project Simulation student brief
Spatium Project Simulation student briefSpatium Project Simulation student brief
Spatium Project Simulation student brief
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - English
 
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptxSKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 

IIBMS DMS CASE STUDY SOLUTIONS-Write the factors that influence the behavior of an individual..docx

  • 1. For Assignments Solution Contact info.casestudyhelp@gmail.com www.casestudyhelp.in +91 9902787224 Behavioural Science Q.2 Case study A new report released by AIM Research and Hansa Cequity studies how and to what extent organizations in India leverage behavioural science and data science to analyse consumer behaviour across different industries and functions. The report titled “Impact of Behavioural Science and Data Science on Consumer Behaviour” also dives into the connection between behavioural and data science in comprehending consumer behaviour and makes a case for their use in collaboration. Data science has seen increasing popularity in the last couple of years and is used extensively by most organisations to identify growth drivers. While data is a critical input to improve customer satisfaction and increase revenues, Behavioural Science plays a crucial role in studying and analyzing customer experiences, brand loyalty, and overall consumer journey. According to the study, there is limited use of Behavioural Science techniques by Indian organisations to study buying behaviour. Around one in five respondents said they had none or rare utilisation, indicating a significant scope for improvements across certain industries and functions, some more than others. This includes studying consumers’ implicit attitudes towards the brand or analysing the impact of celebrity endorsements, ethnocentrism, the social image of inclusion or exclusivity, etc. The report provides detailed insights through a comprehensive analysis of the survey. The study highlights cases where the utilisation of Behavioural Science
  • 2. could see improved outcomes if two functions within the same company worked together. Along with this, the study identifies areas in which Behavioural Science and Data Science can be used in conjunction. The study can be used by leaders or decision-makers to get insight into where their companies stand in utilising Behavioural Sciences compared to others and realise areas where they are falling behind. The study also helps its readers identify future roadmaps in terms of using Behavioural Science along with Data Science to their advantage. Overall, almost every Behavioural Science technique (surveyed) had more than two in five respondents (40%) agreeing to its high/very high utilisation. Although, almost every technique also had more than 20% who said they had none or rare utilisation. Respondents in the marketing function had higher utilisation of most Behavioural Science techniques surveyed than all the other functions. Almost every technique had more than/around two in three (66%) Marketing respondents, saying that they have a high/very high utilisation. In terms of industry, different sectors had the highest share of respondents claiming they have a high/very high utilisation of different Behavioural Science techniques. However, Telecom & Media consistently performed well—almost every technique had more than 50% of Telecom & Media respondents saying yes to utilising it to a high/very high extent. Questions (10 × 2 = 20) 1. Write the factors that influence the behavior of an individual. 2. Discuss about the situation how behaviour science deals with consumer behavior. For Assignments Solution Contact info.casestudyhelp@gmail.com www.casestudyhelp.in