My work emphasizes that for any product or service, understanding the principles of demand and supply is crucial for market success , My view argues that if the demand for a product is low, manufacturing numbers should not be increased to avoid "low price" sales. Conversely, if demand is high, manufacturing should be scaled up to meet customer needs and facilitate "high price" sales .
A core aspect of his strategy involves analyzing whether a product's demand number is dependent on its supply number, or vice versa, to establish a reasonable sale price and supply valuation . My view also delves into the behavioral economic perspective, exploring how consumer behavior impacts the interplay between the social environment and product demand and supply changes, and how the social environment, in turn, influences consumer behavior in this context .
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John Lok
I had graduated business Administration Science Degree in Common Wealth Open University. Then, I concentrate on researching whether how economic changing environment can influence our behaviors, e.g. consumer behavior in behavioral economic view. I had researched different behavioral economic topics included how artificial intelligence influences economic environment changes, how artificial intelligence influences consumer behaviors, how disease influences traveler leisure psychology, how economic changing environment influences public transport passenger choice, how e-commerce market influences consumer behavior etc. different books are published. I hoped my readers can make accurate analysis to learn how and why the economic changing environment influences consumer behavior in behavioral economic view.
