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MNM2605 Assignment 2 (ANSWERS) Semester 1 2025 - DISTINCTION GUARANTEED

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May 10, 2025
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2024/2025
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MNM2605
Assignment 2 Semester 1 2025
Unique Number:
Due date: 12 May 2025
QUESTION 1

a.

When Mike decides to purchase a Nikon camera for his son Edgar, his decision will be
shaped by both external and internal influences. These factors interact with one another and
collectively affect the way he processes information, evaluates alternatives, and ultimately
selects a product.

Below is a discussion of four key external and four internal influences, along with practical
examples.



External Influences

1. Cultural Influences

Culture refers to the shared beliefs, values, and customs that influence consumer behaviour.
Mike lives in a society where photography is not only a common hobby but also a valued
skill, especially among younger generations. The broader culture may associate owning a
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