This study aimed to investigate the factors influencing e-buying impulsivity among a sample of 328 individuals using adopted scales through a survey. The study found that gender had no effect on e-buying impulsivity, with no significant difference found in the impulsivity of males and females in high-tech e-buying behavior. However, several factors were found to have a significant impact on impulsivity, including webstore shopping experience, general shopping trend, online shopping experience, and emotion/mood. The regression analysis revealed that general shopping trends, customer's income, and online shopping experience were positively associated with e-buying impulsivity. In-store and online shopping experience were also found to be positively associated with e-buying impulsivity. These findings provide insights into the factors that influence e-buying impulsivity, which could be valuable for marketers and businesses in designing effective marketing strategies.
International Monetary Funding agency acts as lender of the last resort for all the countries. Pakistan availed so many times the IMF loans since 1958's but still the status of the country is not improved to be amongst the developed countries. The study is undertaken to discuss about the effect of IMF loan upon the economic development of Pakistan. The objective of the study is to analyze the effect of IMF loans upon improving socio-economic dynamics of the residents of Pakistan. However, the study seeks to answer the question of whether IMF interest-based financing serves to develop Pakistan's economy or undermines economic development in Pakistan. The qualitative research methodology is applied subjectively in order to build conceptual framework by applying inductive paradigm. It is expected that IMF loans for Pakistan has undermined the economic development in Pakistan and has widened the miseries of economically disadvantaged people of Pakistan in terms of compromising their rights to health, food and quality of life because it is based upon interest which goes against Islamic Shariah as well as against Islamic identity of the country. Moreover, Pakistan pays certain cost towards availing IMF debt financing upon interest.
Global financial crisis is not a new phenomenon. The world has witnessed financial crisis since many centuries. The repetition of global financial crisis reveals that global financial setup is not stable thus, prone to frequent financial crisis. However, zero interest rate policy has been launched by developed countries in order to offset the effects of global financial crisis but to date the issue of financial and monetary instability has not been overcome. Interest rate as the main component of financial setup has adversely affected the permanent solution to global financial crisis. The study is undertaken to analyze the effect of interest rate (riba) in propagation of global financial crisis and to analyze the alternate financial mechanism to prevent global financial and economic crisis on permanent basis. However, the qualitative research methodology is pursued to build a conceptual framework by applying inductive paradigm to address the issue of understanding the rationale behind the prohibition of interest based financial paradigm particularly in regard to Islamic perspective. The expected outcome suggests that man-made laws in order to subside divine laws in financial paradigm have given rise to financial, ethical and economic crisis. Global financial crisis is the outcome of easy access to credit, abundance of loans upon interest, speculation, greed as well as corruptive motives to exploit each other.
Knowledge of financial management is important in life so that everything planned can follow the planned schedule. With the knowledge of financial management, everything related to finance needs to be arranged to ensure long term life to avoid financial pitfalls. Financial literacy plays an important role in managing expenses so that they can be controlled according to plan. Financial management can enhance the ability in producing individuals who wisely plan financially in every aspect of life. The objectives of the study are to identify the level of financial literacy among investors and identify the effects of lack of financial literacy. This paper seeks to unravel the importance of financial literacy in influencing financial behavior. In general, the method used in producing this study is part of a qualitative approach that involves highlighting and analysis of secondary data obtained through documents, research results or writings that have been highlighted. The data obtained were then analyzed systematically using writing content analysis techniques. The results show that each aspect of finance includes financial management skills, planning, budgeting, control and savings. Therefore, efforts need to be made to improve the level of financial literacy and financial behavior, especially among investors.
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