Quantitative ABCD Analysis of Ayurvedic Products and Their Impact on Trust

Author:

Bharathi 1,Mahale Prasad2

Affiliation:

1. Research Scholar, Institute of Management and Commerce, Srinivas University, Mangalore– 575001, Karnataka, India

2. Research Professor, Institute of Management & Commerce, Srinivas University, Mangalore – 575001, India

Abstract

Purpose: The main goal of the paper is to pinpoint the variables affecting consumer trust in the use of Ayurvedic products. It seeks to assess the elements that influence the model's advantages, benefits, constraints and disadvantages. The goal is to use the ABCD model to give each aspect the appropriate scores or weights. To further shed light on the intricacies of the subject, the paper also intends to use factor analysis and elementary analysis. Design: This study conducted a thorough evaluation of the literature on the ABCD analytical framework. The study was successful in identifying key influencing factors and critical constituent characteristics that contribute to customer trust in consuming Ayurvedic products by quantitative analysis involving focus group interactions and suitable weightage assignment to essential attributes. Findings: The survey found that many companies and people are adopting a fresh strategy based on sustainability or survival in order to deal with their pressing problems and find quick relief. Focus group talks were used to analyse customer trust in the use of Ayurvedic products, and the ABCD analytic framework application was heavily endorsed for its beneficial elements. The results of this model thus support the effectiveness of using Ayurvedic products. Originality/value: The survey found that many companies and people are adopting a fresh strategy based on sustainability or survival in order to deal with their pressing problems and find quick relief. Focus group talks were used to analyse customer trust in the use of Ayurvedic products, and the ABCD analytic framework application was heavily endorsed for its beneficial elements. The results of this model thus support the effectiveness of using Ayurvedic products. Paper Type: Empirical Paper.

Publisher

Srinivas University

Subject

General Medicine

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. A Quantitative ABCD Analysis of Factors Driving Share Price Volatility in the Indian Pharmaceutical Sector;International Journal of Management, Technology, and Social Sciences;2024-04-17

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