Acceptability and perception of environmentally friendly products by student population in Croatia

Purpose: The purpose of this paper is to point out the perceptions of the student population toward environmentally friendly products and examine if they are willing to pay higher prices for those products. Methodology: The research conducted in the second half of 2020 included the student popula...

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Main Authors: Vesna Vučemilović, Andreja Katolik Kovačević, Ivona Blažević
Format: Article
Language:English
Published: Faculty of Economics and Business in Osijek 2021-01-01
Series:Ekonomski Vjesnik
Subjects:
Online Access:https://hrcak.srce.hr/file/392333
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author Vesna Vučemilović
Andreja Katolik Kovačević
Ivona Blažević
author_facet Vesna Vučemilović
Andreja Katolik Kovačević
Ivona Blažević
author_sort Vesna Vučemilović
collection DOAJ
description Purpose: The purpose of this paper is to point out the perceptions of the student population toward environmentally friendly products and examine if they are willing to pay higher prices for those products. Methodology: The research conducted in the second half of 2020 included the student population, i.e. a sample of 114 respondents. The close-ended questions offered answers ranging from the level of knowledge related to general concepts to the factors related to purchasing decisions. Data were collected through an online survey. The collected data were analyzed by statistical software packages MedCalc Statistical Software version 19.1.7 and SPSS. Results: Respondents are familiar with the concepts of sustainable development, a socially responsible business and green consumers, which they define correctly. There are no major differences between male and female respondents. When choosing a product, respondents of both genders mention product quality as the most important factor. The second most important factor is the price, followed by the brand of the product and the environmental friendliness of the product. The brand of the product and environmental acceptability of the product are somewhat more important to male respondents than to female respondents. Corporate social responsibility of the company that produces a product is described as least important by respondents of both genders when choosing a product. Conclusion: It is evident that the student population changed their attitudes towards environmentally friendly products compared to year 2009, but the trend has not changed since 2015. It is a market segment that takes into account this factor when choosing a product.
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spelling doaj.art-731a3cff459d4d3d93a9846ccf36c2f82024-04-15T17:29:22ZengFaculty of Economics and Business in OsijekEkonomski Vjesnik0353-359X1847-22062021-01-0134226527710.51680/ev.34.2.2Acceptability and perception of environmentally friendly products by student population in CroatiaVesna Vučemilović0Andreja Katolik Kovačević1Ivona Blažević2College of Slavonski Brod, Slavonski Brod, CroatiaCollege of Slavonski Brod, Slavonski Brod, CroatiaCollege of Slavonski Brod, Slavonski Brod, CroatiaPurpose: The purpose of this paper is to point out the perceptions of the student population toward environmentally friendly products and examine if they are willing to pay higher prices for those products. Methodology: The research conducted in the second half of 2020 included the student population, i.e. a sample of 114 respondents. The close-ended questions offered answers ranging from the level of knowledge related to general concepts to the factors related to purchasing decisions. Data were collected through an online survey. The collected data were analyzed by statistical software packages MedCalc Statistical Software version 19.1.7 and SPSS. Results: Respondents are familiar with the concepts of sustainable development, a socially responsible business and green consumers, which they define correctly. There are no major differences between male and female respondents. When choosing a product, respondents of both genders mention product quality as the most important factor. The second most important factor is the price, followed by the brand of the product and the environmental friendliness of the product. The brand of the product and environmental acceptability of the product are somewhat more important to male respondents than to female respondents. Corporate social responsibility of the company that produces a product is described as least important by respondents of both genders when choosing a product. Conclusion: It is evident that the student population changed their attitudes towards environmentally friendly products compared to year 2009, but the trend has not changed since 2015. It is a market segment that takes into account this factor when choosing a product.https://hrcak.srce.hr/file/392333green productsgreen consumersenvironmental protectionsustainable development
spellingShingle Vesna Vučemilović
Andreja Katolik Kovačević
Ivona Blažević
Acceptability and perception of environmentally friendly products by student population in Croatia
Ekonomski Vjesnik
green products
green consumers
environmental protection
sustainable development
title Acceptability and perception of environmentally friendly products by student population in Croatia
title_full Acceptability and perception of environmentally friendly products by student population in Croatia
title_fullStr Acceptability and perception of environmentally friendly products by student population in Croatia
title_full_unstemmed Acceptability and perception of environmentally friendly products by student population in Croatia
title_short Acceptability and perception of environmentally friendly products by student population in Croatia
title_sort acceptability and perception of environmentally friendly products by student population in croatia
topic green products
green consumers
environmental protection
sustainable development
url https://hrcak.srce.hr/file/392333
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AT andrejakatolikkovacevic acceptabilityandperceptionofenvironmentallyfriendlyproductsbystudentpopulationincroatia
AT ivonablazevic acceptabilityandperceptionofenvironmentallyfriendlyproductsbystudentpopulationincroatia