I need 2000 words for part A, and a poster.
I will attach all the instruction.
Task Part A Report: (50 marks)
Write a 1,000-word report in response to the following tasks:
1. With reference to any one specific theory in the research area of psychology, sociology or economics explain how the cost-of-living crisis is affecting consumer buying behaviour in the food and supermarket industry. (250 words)
Energy efficiency is a growing priority for prospective home buyers as energy bills are estimated to surge by 70% in October, according to Taylor Wimpey, the country’s third-biggest housebuilder. Considering this statement, answer the following two questions:
2. Identify and explain the reasons why house buyers are increasingly concerned about the surge in energy prices and how this will impact their buying decisions. (500 words)
3. Briefly explain the role Bank of England plays in influencing consumer buying behaviour. (250 words).
Part B Individual Poster Presentation (50 marks)
Read the above report and the additional links provided and respond to the following tasks:
Prepare a 10-minute Poster Presentation (1,000-word equivalent) to summarise your analysis of the Reuters report focusing on the following areas:
1. Changes in consumer behaviours and motivation in relation to the cost-of-leaving crisis. (15 marks)
2. Consumer decision making process in Food, Fast Food and DIY markets. Support your analyses with consumer decision making theories (analysis). (15 marks)
3. Discuss three recommendations on what the Bank of England and the government could do to positively impact consumer buying behaviour in the Housing Market. (15 marks)
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