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Showing posts with the label alternatives

The power of choice in your life

Is having too many choices good or bad? Some might say it's a good thing, as it allows you to pick what best suits your needs. Others contend it can be a bad thing in that it causes you to second guess your decisions, especially if the alternatives are fairly comparable. We face this type of conundrum on an almost-daily basis. Which job offer should I accept? Which computer should I buy? Which of these two guys should I become exclusive with? About a month or two before graduating from college, I was hitting the pavement hard in hopes of landing a full-time job. (Mind you, this wasn't long before the global recession began.) I went on a flurry of interviews and was offered nearly every position I applied for. I turned down the first two because I thought the salary being offered was a tad low. Besides, I didn't want to run after the first opportunity that came my way; I wished to take a little more time testing the job market waters. Unfortunately, the positio...

We're eating healthy, but still buying junk food

According to new research from the University at Buffalo School of Management published in the  Journal of Retailing , even health-conscious consumers continue to buy some less-healthy foods. The study found that despite the fact that consumers are concerned about healthy eating, junk food still winds up in their shopping carts. What people say they want to eat and what they actually buy aren't always in agreement. As the researchers point out, consumers make tradeoffs on healthy and unhealthy food to varying degrees. The researchers analyzed two years' worth of scanner data across more than 70 stores of a U.S. retailer as well as survey responses from 400 of the chain's shoppers to determine if consumers consciously balanced their health concerns with their actual food purchases. The study divided consumers into three groups using a mathematical model based on their concerns and attitudes: the first group consisted of health-driven shoppers, the second took a mor...