A Study on Consumer Behaviour of Passenger Car Segments through Logistic egression Modelling

Metamorphosis ◽  
2017 ◽  
Vol 16 (1) ◽  
pp. 20-32 ◽  
Author(s):  
Balakrishnan Menon

The automobile industry in India was highly protected in favour of domestic car manufacturers till the late 1980s. The Government of India’s drastic shift towards economic liberalization and Foreign Direct Investment Policy transformed the automobile industry, since the early 1990s. The ensuing decade witnessed many foreign car manufacturers entering the Indian automobile industry with their models and brands. World leaders in passenger cars such as Toyota, Honda, General Motors, Ford, and Hyundai set up manufacturing hubs in India, cashing on the liberalized Foreign Direct Investment Policy of the Government of India. These manufacturers captured the hearts and minds of Indian car customers, with their choicest of car models with high technological and innovative product offerings, with quality and reliability. This transformed the automobile scene from a seller’s market to buyer’s market. Car customers had started developing their own personal preferences and purchasing patterns, which were hitherto unknown in the Indian automobile segment. This study focused on the influences of various attributes and factors in the consumer purchase behaviour of passenger cars. The logistic modelling approach evaluated as to why the car customers prefer different car segmented models in comparison to a base category model. The article attempted to build a passenger car purchase modelling approach, to evaluate consumer behavioural preferences, which eventually influences the purchase behaviour of passenger car owners. The results of the research would contribute to the practical knowledge base of the automobile industry, specifically to the passenger car segments. The model developed has also a great contributory value addition, to the manufacturers and dealers, for evolving a customized marketing strategy approach.

2018 ◽  
Vol 17 (4) ◽  
pp. 408-428
Author(s):  
Ga Hyung Kim ◽  
Jai S. Mah

Abstract The automobile industry developed very rapidly in Korea from the mid-1970s onwards. In the early stage of its development, it used both foreign direct investment (FDI) inflows and technology licensing contracts to utilize advanced foreign technologies. The government mainly preferred technology licensing to FDI inflows to gain access to production technologies. A specific case of FDI is displayed in the joint venture between General Motors and Daewoo Motors. Although there were several improvements and assistances provided to the latter, its performance was relatively unsatisfactory. In contrast, Hyundai Motors relied on technology licensing, which turned out to be successful. Korea’s experience of technology acquisition in the automobile industry shows that for a developing country considering development of its own automobile industry, it would be beneficial to utilize technology licensing rather than FDI inflows.


Significance The government is struggling to manage the health crisis and is distracted by peace negotiations, the impending US troop withdrawal and its own factional infighting. Impacts Foreign direct investment is in decline and will not pick up unless there is clarity about a political settlement. A change in government resulting from the Doha peace talks could up-end fiscal management. Healthcare and social investment policy assume the Taliban will not be influencing policy by end-2021; this may be wrong. The IMF's recommendation of an audit of COVID-19 aid highlights the corruption that blights the government's record.


2020 ◽  
Vol 202 ◽  
pp. 02014
Author(s):  
Sutejo K. Widodo ◽  
I. Indriyanto

This study aims to discuss the dilemma between the fulfillment of needs for fish and the improvement of fisherman welfare in Java, specifically in Pekalongan Municipality. It focuses on the dilemma occurring on the implementation of self-reliance politics policy in 1961, implementation of FDI (Foreign Direct Investment) policy in the fishery sector in 1969, and implementation of trawl elimination in 1980. To reveal these problems, the researchers used historical method, based on the government policy contained in the decree, agency reports, and agency bulletins. The research results find a dilemma between an effort to fulfill the needs for fish by increasing the catch production and an effort to improve the fisherman welfare.


2020 ◽  
Vol 8 (2) ◽  
pp. 54-58
Author(s):  
K Esakki Muthu ◽  
K Rajamannar

That impact of globalization on employment can be a Central concern of current political current economic climate. For the “Make in India” promotion, the Government of India has diagnosed twenty-five precedence sectors that will be offered properly. Foreign direct investment (FDI) in India has received a the spian enhancement from instigating the Make in India scheme, as per the most recent Economic Survey. The investment climate in India has improved. Intending to attract and promote FDI, the Government of India (GoI) has put in place a policy framework on FDI, which is transparent, predictable, and easily comprehensible. India received FDI Inflow during 2014-2018 of US$ 223. Sectors such as Services, Computer software & hardware, Telecommunications, Trading, and Construction attracted the highest FDI. Most of the foreign countries like to invest in India during the 2018-19, India received the maximum FDI equity in flows from Mauritius, followed by Singapore and Japan. Total FDI investments in India during 2018-2019 are 62,001 cores, Government of India new polices to promote the FDI impact top 10 sectors services sector, Telecommunications, Computer software and hardware, Construction Development, Trading, Automobile Industry, Chemicals, Drugs & Pharmaceuticals, Construction (Infrastructure) Activities, Power. Most as of late, the all-out FDI value inflows for April 2019 contacted 36,463 crores. India During 2018-2019, India got the greatest FDI value inflows from Mauritius (Rs 57,139 crore), trailed by Singapore (112,362 crores), Netherlands (9,423 crores), USA (10,119 crores), and Japan (3, 28 4crore). This paper aims at explaining the impact of Make in Indian Foreign Direct Investment in various aspects.


2015 ◽  
pp. 151-156
Author(s):  
A. Koval

The improving investment climate objective requires a comprehensive approach to the regulatory framework enhancement. Policy Framework for Investment (PFI) is a significant OECD’s investment tool which makes possible to identify the key obstacles to the inflow foreign direct investment and to determine the main measures to overcome them. Using PFI by Russian authorities would allow a systematic monitoring of the national investment policy and also take steps to improve the effectiveness of sustainable development promotion regulations.


Author(s):  
Rima H BinSaeed

Kingdom of Saudi Arabia with its developed economy and advanced technological infrastructure has shown a major progress in business opportunities for overseas investors. Saudi Arabia’s education sector is one of the most attractive investment opportunities for the foreign investors Earlier in 2019, 9 new foreign education enterprises were granted investor licenses, amounting to a total of $141mn of investment deals. The Saudi government introduced Saudi Vision 2030, an aspiring development plan that foresees vital prospects for foreign investors in the regions of education, housing, health and energy, amongst others. In 2016, Saudi Arabia permitted the procurement of 100% of assets by foreign investors in retail and wholesale trade. A privatisation program has also been introduced. The government also attempts to attract FDI in the regions of renewable energy and entertainment. A foreign direct investment (FDI) plays a vital role in local and international economy. Several opportunities and ventures are encouraged by Saudi Arabia to improve the standard of business and economical environments. To accomplish the finances for the projects SAGIA, the lawful authority is there to smooth the progress of investments, which encourages Saudi FDI prospective to grow simultaneously. FDI has a greater scope for diverse businesses and investing in to underdeveloped industrial sectors. FDI plays an important role in boosting the economy of Saudi Arabia by managing international investors who shares the huge portion of 34% in General GDP (Gross domestic product) of Saudi Arabia. This paper aims to review the literature to shed light on the steps taken by the government to increase FDI in the country and what are the current trends that are helping to fulfil VISION 2030.


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