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10ECB - Dream Holiday: Home

Factors that influence major consumer and financial decisions

Task outline

At many times in our lives, we will need to make major consumer decisions such as buying a car or home. We will also need to make financial decisions, such as borrowing money or saving for retirement. 

Working in small groups plan and deliver an appropriate holiday for a specific consumer group. These groups include:

Groups
School leavers
Couple on honeymoon
Family of 4 with 2 children (low socio-economic background)
Backpacking friends, early twenties
Retired pensioner couple
Lotto winning married couple, early 20s
Family of 4 with 2 teenagers (high socio-economic background)
Volunteer tour group

Present your group findings in a PPT MIX (blank template here) including one audio/video recording per group member.

 

To submit:

  1. Bullet point notes (individual)
  2. PPT MIX (group)
  3. Bibliography (2 citations per group member included in PPT MIX)

Demographics

Most commonly used demographics include:

  • Age
  • Gender
  • Family size
  • Household income
  • Occupation
  • Level of education
  • Religion
  • Race
  • Nationality

Sources of information may include: