Domestic Fuel Price Hike and Purchase of Cars in Wilayat of Nizwa Sultanate of Oman a Factor Analysis Approach
Journal Title: International Journal of Business Management & Research (IJBMR) - Year 2019, Vol 9, Issue 2
Abstract
Hike in domestic oil prices can impact an economy at the micro level and macro level. This study aims at identifying the overriding factors that influence an existing or prospective consumer in their car purchase decision. A sample of 366 respondents holding driving license were taken for the study from Nizwa, Sultanate of Oman. The analysis revealed that the domestic fuel price has affected the respondents in terms of transportation costs, usage of car, cost of other commodities in the market, petrol consumption, decision making with regards to purchase of cars and price of domestic gas.
Authors and Affiliations
Radhakrishnan Subramaniam, Harith Ahmed Al-Balhasani, Mohammed Ali Al-Busaidi
Keywords
Related Articles
- EP ID EP585931
- DOI 10.24247/ijbmrapr20191
- Views 111
- Downloads 0
EXAMINATION OF BASIC DATA MEASUREMENT SCALES AND STATISTICAL TECHNIQUES TESTS RELEVANCE IN CONTEMPORARY BUSINESS MANAGEMENT RESEARCH: A DISCOURSE
The knowledge of the specific scale of data measurement and selection of the appropriate statistical techniques test is the most difficult, yet the most important of the research process and statistical decision making....
Contagion Effect of Macro Economic Variables on Ipo Listing Activity: A Time Series Analysis in Indian Context
Boom and slump also occurs in Initial public offer segment of corporate securities market. Studies in context of developed capital market have exhibited that the macroeconomic variables, as well as market specific variab...
ENTREPRENEURIAL ASPECTS OF NANO – TECHNOLOGY IN DEVELOPING COUNTRIES
This paper provides a comparative assessment for the cause of industrial development because of the advances in the field of nanotechnology and its successful adoption by young industries. A sincere attempt is made in su...
Redefining the Impact of the Construction Project Managers Skills on the Working Performance
Although many studies have addressed the critical role of the project manager for construction projects, the consensus shortage of these studies was indicated. As such, this paper aims to review the related studies that...
SPIRITUALIZING INTER-PERSONAL RELATIONSHIPS: IN VIEW OF VEDANTA
Spirituality, because of its reach into the deeper depths of emotions, has intense impact on one’s aspirations and thought process. Spiritual attitude trains us to live harmoniously with our environment and to meet the c...