Image of The Effect of Consumer Ethnocentrism and Consumer Cosmopolitanism towards the Willingness to Buy of Local and US Product: The Study on Young Consumers in Greater Jakarta

The Effect of Consumer Ethnocentrism and Consumer Cosmopolitanism towards the Willingness to Buy of Local and US Product: The Study on Young Consumers in Greater Jakarta

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2018CS139CS/139 (THESIS S1)Available

Publisher :IPMI International Business School , 2018

Nowadays, Globalization is happening all around the world. Technology advancement is one of the stimuli of globalization which makes distance feels so much closer. Globalization will create open economy by penetrating product from all over the world into a certain country. Open economy will provide a wider product variation for consumer, however this might harm local economy as the competition in the market is getting tighter. This might create consumer internal conflict on whether to try various products from other country or protect the local economy. Other than that, these days Indonesian positive view on US is decreasing. This might happened because the recent US government policy since
the elected president Trump era creates a lot of controversies. It is interesting to see the result of Indonesian (Greater Jakarta) population reaction to US product through consumer ethnocentrism and consumer cosmopolitanism. The study will be conducted in Indonesia especially in Greater Jakarta (JABODETABEK) and using convenience sampling to spread survey to 352 respondents. The study will use structural equation modeling for analyzing the research. Based on the study, it is found that consumer ethnocentrism will affect positively on local product evaluation and hence positive willingness to buy local product while affect negatively on foreign product evaluation and hence negative Willingness to buy foreign product. Consumer cosmopolitanism will affect positively on both local and foreign product evaluation and hence positive on willingness to buy on local and foreign product.

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Call Number
CS/139
Publisher Place Jakarta
Collation
vii, 95p;30cm
Language
English
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Classification
NONE
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