Consumer Behavior. Answer 4 Questions Coursework

Consumer Behavior. Answer 4 Questions - Coursework ExampleAll over the globe, the use of these status goods is detect and its abuse is also rather evident. Medieval ages definitely did not have status symbols, however their emergence rather proceeded from the 19th century (Denselow, 2010). Now in 2013, the idea of a status symbol somewhat differs from the one before it, and correspondingly 2012 showed an additional side of these symbols and as far as we can go, all year the ranks of these symbols changed, from nice ties, pleasant coats, gold rings to swish cars and houses. Even braces today ar a part of the status symbols Crazy as it sounds, thats how it goes. Every year brings new modifications which also alter the current trends and fashion proceeding into newer trends every season. Yes, these symbols have no end to their existence. They have existed for age and years, if today wearing a Rolex watch and owning a sumptuous car is the idea of a status symbol, tomorrow maybe a nic e villa in Miami would be the part of an ideal lifestyle. It has now become a matter of prestige to own these goods their fewer occurrences in somebodys life interpret the non-existence of money and low status, which by the upper classes is exceedingly detested. According to them, a person without these status symbols should be led to a scaffold to be punished. It is tormenting to light upon such detestation for the people who cannot afford these things. But people even believe in running around in ugly clothes, bad shoes, stick up without food just NOT without these luxuries. By these explicit reactions, it is rather a matter of prestige now and the denial of this statement by a few would not really matter. The universities, colleges and schools have become a status exhibiting conventional area where people come and compete to win the rank of the classiest, rich and selected person in the whole vicinity. Arent these places meant to increase educational programmes they surely a re but the current inclination towards status has changed this course into a posh museum of ranking. Modern generation sermonizes this stuff to look more up-to-date, rich and stylish. It is a matter of perception though. To look stylish and gain confidence, you can also bewilder yourself educated, be honest and not practice chicaneries observed by a huge lot The cult of luxury shopping is spreading (Day, 2011). But if the youthfulness prefers to hold on to the status symbols and not the dignified ways, then it is clearly their choice. 1) Do you believe that your peer group value status symbols? Status symbols are the objects of luxuries which are preached all over the world for their high demand. Definitely, with no doubt, not just my peers value them but people all over the world with entranceway to money, or even the ones who arent that wealthy, are in a hunt for them to flaunt their monetary status in the society and build a potent influential image in front of the ones aroun d them. Status symbols do not make sense on any intellectual level but they have a lot to do with the social hierarchy. Society here is divided into two sectors the haves and the have-nots. Possessing a status symbol is considered to be a moldiness have and the ones who fail to do so is considered insignificant in todays age. It is very imperative in todays world, because the possession of a status symbol signifies your social status, that whether you have crossed the dividing line between rich and poor and how well suited you are to the current