Advertisement as a Factor Affecting Bankruptcy and Its Impact on Consumer Buying Behavior During the COVID-19 Pandemic

International Journal of Academic and Practical Research

ISSN (Print): 2980-4116; ISSN (Online): 2980-4124
Full Text
Danielle Jaymze C. Punzalan
PLM Business School, Pamantasan ng Lungsod ng Maynila (University of the City of Manila), Manila, Philippines

Abstract

The main objective of this study is to determine the effects of advertising and how it affects the buying behavior of consumers. This will help businesses that experience a loss in funds and revenue. This study applies the true-experimental design in determining and analyzing the changes that a certain advertisement makes to the growth to avoid bankruptcy and in the consumers’ buying behavior. The instruments used in this study were researcher-made surveys and interview questions that gathered the needed data from the respondents. The study will randomly pick selected Grade 12 Accountancy, Business, and Management (ABM) senior high school students from Espiritu Santo Parochial School of Manila, School Year 2020-2021. Based on the results of the gathered data, the students believe that having advertising is very necessary and has a big role in a business because it is very persuasive. The ABM students concluded that advertising is persuasive for the reasons that it sometimes encourages them and affects their choices as consumers. On the other hand, one of the students thinks that advertising is a strategy used to spread and inform people about a business. In general, advertising affects the buying behaviors of consumers, which will help to reduce the chances of businesses declaring and experiencing bankruptcy.

Article Information

Article History

Received: 09 May 2022;
Reviewed: 13 Jun 2022;
Revised: 11 Jul 2022;
Accepted: 08 Aug 2022;
Published: 15 Aug 2022

Keywords

advertisement, bankruptcy, business, buying behavior, consumer

Corresponding Author

Danielle Jaymze C. Punzalan daniellejaymze2003@gmail.com

References

Ansari, A., & Riasi, A. (2016). An investigation of factors affecting brand advertising success and effectiveness. International Business Research, 9(4), 20-30.

Atienza, M. A., & Tabuena, A. C. (2021). The impact of COVID-19 pandemic on managerial accounting and its adjustments in financial markets. International Journal of Business, Technology and Organizational Behavior, 1(4), 287-296.

Bowen, G., & Ozuem, W. (Eds.). (2019). Leveraging computer-mediated marketing environments. IGI Global.

Fatima, S., & Lodhi, S. (2015). Impact of Advertisement on Buying Behaviours of the Consumers: Study of Cosmetic Industry in Karachi City. International Journal of Management Sciences and Business Research, 4(10), 125-137.

Haider, T., & Shakib, S. (2018). A study on the influences of advertisement on consumer buying behavior. Business Studies Journal, 9(1).

Kenton, W. (2021, January 29). What Is the Hierarchy-Of-Effects Theory? Investopedia. https://www.investopedia.com/terms/h/hierarchy-of-effects-theory.asp  

Lavidge, R. J., & Steiner, G. A. (1961). A model for predictive measurements of advertising effectiveness. Journal of Marketing, 25(6), 59-62.

Lukason, O., & Hoffman, R. C. (2015). Firm failure causes: a population level study. Problems and perspectives in management, (13, Iss. 1), 45-55. 

Tabuena, A. C., & Hilario, Y. M. C. (2021). Research data analysis methods in addressing the K-12 learning competency on data analysis procedures among senior high school research courses. International Journal of Recent Research and Applied Studies, 8(3), 1-7.

Tabuena, A. C., Hilario, Y. M. C., & Buenaflor, M. P. (2021). Overview and exemplar components of the research methodology on the research writing process for senior high school students. International Journal of Trend in Scientific Research and Development, 5(3), 117-126.

Details

  • Primary Language: English
  • Subject: Practical Research (Accountancy, Business and Management)
  • Journal Section: Research Article
  • Published in Issue: Year 2022, Volume 1, Issue 1

Cite (APA)

Punzalan, D. J. C. (2022). Advertisement as a factor affecting bankruptcy and its impact on consumer buying behavior during the COVID-19 pandemic. International Journal of Academic and Practical Research, 1(1), 8 – 16.

Copyright © 2022
International Journal of Academic and Practical Research
ISSN (Print): 2980-4116; ISSN (Online): 2980-4124

Published by: Academic Course Tutorial Online Education Inc.
Address: 340 Balagtas St., Tondo I/II - Barangay 26 , City of Manila, First District, National Capital Region (NCR), 1012
Philippines
Website: https://actonlineedu.org/ijaapr/ 
Email: ijaapr.editor@gmail.com   

This is an open access article under the CC BY-NC-ND license.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: