Censorship of all types, therefore, was easily possible. Radical libertarian (first amendment absolutist) and technocratic control, the first amendment absolutist takes the idea of “ free press” as literal and oppose government regulation while the technocrats do not trust the media and believes in use of regulators to act in the public interest If they are perceived to fail in that capacity, by showing a degree of editorial independence, they are censored or shut down. This assertion is generally agreed upon, and has led researches to study the relationship between mass media and the government. Chapter 6 Normative Leadership Theories Ethical Author: media.ctsnet.org-Jonas Schmitt-2020-10-08-14-19-50 Subject: Chapter 6 Normative Leadership Theories Ethical Keywords: chapter,6,normative,leadership,theories,ethical Created Date: 10/8/2020 2:19:50 PM This propounded by Dennis McQuail (1987) canvasses media support for an existing government and its efforts to bring about socio-economic development. Offer a way to meet personality needs appropriate to the group situation the receiver is in at the time you want that receiver to respond. A normative theory describes the ideal way for a media system to be controlled and operated (their functions) defined by the government, authority, leader and public. endstream endobj 69 0 obj <> endobj 70 0 obj [78 0 R] endobj 71 0 obj <>stream They held the belief that the ruling elite should guide the masses, whose intellectual ability was held in low esteem. Theory also has its weaknesses, these include; • Theory is excessively positive about media’s willing to meet responsibilities which may lead people into negative aspects. No censorship â pursuit of truth â conscience & The media is seen to fulfill particular social and political duties; hence media freedom while desirable should be subordinated to national integration, socio-economic modernization, promotion of literacy and cultural creativity. `L�>�9���-��*~�`0�rt�kH�}Dl=�����(p��AI;BHqI�Y{���+?0*�H������&���E��ǎ ��3������P�����H��Y:5��m�ө����4g�J���{?.�O}����ǍALfy$n��H�A�g��wu^Y�_|�m��C��Bbs>�/�L5����ۓomq������B���&)�ͺ�f�킻�Q'�S�J �})�>��^G� �4� Media became competitive and yellow journalism developed in the nineteenth century. In mid 20th century most of the developing countries and third world nations have used this social responsibility theory of press which is associated with “the Hutchins Commission on the Freedom of the Press” in United States at 1942. Threat of censorship or closing down. • Is too positive about individual ethics and rationality. �����f�P��X�UE�X5Z%��6|�����4/���2/�����f�Ɵ�����w|���q���ʳ^@���`�_��HF2�� ��b�F ��y���|�]����~BN�~�︄�pëX��F�6u�j���]T�z\ũĿ#��P��]����B~��r1��~�7�V��;�K���[>�G��Oq�*{����G1#�$�"O�IL�4���xo�=|��2�c|��؍}�����G��N���"��:j����W��psv� ����P�T�J��$�9��M�0���ܕgq��|~���_�"^��y%�ᵼ���;��?�-�1�;y7���=�ȥ|�O�9��s%_�+|�����]�;z����xc ����QH@ The government undertakes or controls the total media and communication to serve working classes and their interest. It is universally agreed that the media is expected to carry out three basic functions, to inform, to educate and to entertain. Professionalism was created in the media by setting up a high level of accuracy, truth, and information. In this book, five leading scholars of media and communication take on the difficult but important task of explicating the role of journalism in democratic societies. �J/�㠐 ��ᣋ�T��D���0�$��⣴q(���_K ��i}=58��RU]�p�� d,����P0>��4k�Qm�-jS�ڼ�ST�*^�G!f���B�y�qJ�EV����7�+� The Libertarian theory or Free Press theory is one of the “Normative theories of press”. Democratic participant theory stands for defense against commercialization and monopoly while at the same time being resistant to the bureaucracy of public media institutions. H��َ���]@���T0C�y�X��ǁ��n+ � h�-���������Ijo0��{���������y��B�h7ov;�)�"ܸP���$��$�v���O�[����,�T�v���q��u~��)]����7?Q����e�����"���2q���� -4"�W ��Rx# K/���0ɼ�LO�7qVi����_7_�w5�v�5��[Y���"������O���{���y��)�+ ��1Ӣ`.�0��0L#�>����(��C3y�y���5G����zl��w6u���d��1�-��t���ի�]��-? For this theory to work successfully, it would demand a pluralist media in a pluralist society and is only responsible through multiple ownership. Normative Theories of the Media: Journalism in Democratic Societies. The research continues for 'absolute' theory that can explain the media systems of the whole world. Normative Theories MCOM 301: Media Laws & Ethics Compiled By: S. M. Saqib Page 3 Here, Journalist or any media persons should not have any rights to comment, discriminate or stand against the government. These theories were made to clean media practices and guide the press. �]ɪ���]����V��=*Bݫ�S���F�x�$� We all now that Normative theories is describes an ideal way for a media system to be controlled and operated by the government, authority, leader and public and there are Four theories of the Press/Media which is the: Authoritarian theory Libertarian theory Social responsibility theory Soviet media theory So for me I would say that the⦠Normative theorists like to divide normative theories into classes. Libertarian theory advocates, people are more enough to find and judge good ideas from bad. Download Full Normative Theories Of The Media Book in PDF, EPUB, Mobi and All Ebook Format. Folarin. The press should not restrict anything even a negative content may give knowledge and can make better decision whilst worst situation. • Criticize and make some penalty for violating the code of conduct. It has to be remembered that in spite of the normative truism that “the press always takes on the form and coloration of social and political structures within which it operates”. In Areopagitica, a powerful Libertarian tract published in 1644, John Milton asserted that in a fair debate good and truthful arguments will always win out over lies and deceit. H��ypU�O���B�lB��3�� �1��(ʰ�� !! endstream endobj 72 0 obj <> endobj 73 0 obj <>stream �0�xŹ[(���/�"�7+��w�6�D�R��.��� ܛ)�H��O����!ћw�>Lm��Kq��]��X�^��T�Zo(4R���8���=���ΨU�Y���k��>�a��w�J��@M{g]���� ��t����U�,Ti��K�)��|�Oٛ�?�h��v��wF�/�h%h4Sq��_hj#WP�0�8����^��jN$)Y��Bj:Җ��i���=��m Therefore, their creation is influenced by human bias – the time in which we live , the position we occupy , and a host of other factors. Mass communication theorist have produced numerous theories that explain mass communication process, • Mass communication theories are often borrowed from other social science field, mass communication theories comes from field like sociology, psychology, language and so on .mass communication theorist adapt these borrow theories to questions and issues relating to communication, • Mass communication theories are human constructions, people create them. Media existence should be proved in respect of the interests and needs of the recipient and shouldn’t be justified in respect of interests and needs of the media entity. Post Comments B. In the book “Four theories of Press” (Siebert, Peterson and Schramm) it’s been stated that “pure libertarianism is antiquated, out dated and obsolete.” That paved way for replacement of Libertarian theory with the Social responsibility theory. Hence, practitioners could be jailed for violating charters or licenses could be revoked. ]3~�M�\f����λx�]U��}��������]�;�!u�������>�_��#�C}�W+߆�%z��_�9�l���k�{7�l�O���|1��(��m�uRO�U�=+_m�Y����ϗ�v86�urU��ϟ&��U��Ķ��,d?���/��uK�-��D��yJ��������2ŗ�L��(Y���G��_A�Bg����k0�Gp>�^�Ȗl^)�R��tV8+��Jg���Y�tV8+��JO���S�D|�ϐs����ҿn�oS�g���dc5��4O��.��i���.�ܧ :��� DOI : 10.14746/pp.2016.21.2.4 Dorota PIONTEK PoznaÅ Normative media theories: the media in the new democracies Abstract: The political changes which occurred in Central and Eastern Europe in the last decade of the 20th century resulted in introducing democratic systems to replace authoritarian regimes. Critics of Social Responsibility Theory are of the belief that. Public dissent and criticism were considered harmful to both government and the people and were not tolerated. The theory lies between both authoritarian theory and libertarian theory because it gives total media freedom in one hand but the external controls in other hand. • Mass communication theories are dynamic. 1. Theory is defined according to the oxford advance dictionary as a formal set of ideas that is intended to explain something which exist as or a set of principles on which an activity is based, in developing theories we are trying to explain something difficult to understand 2.1 Normative media theory. These purposes are best understood in relation to larger claims about the good society.In principle, there are as many normative theories of journalism as there are political systems, from MarxismâLeninism to diverse conceptions of democracy. • These obligations are mainly to be met by setting high or professional standards of informativeness, truth, accuracy, objectivity and balance. Academia.edu is a platform for academics to share research papers. Libertarians basically follow dictates if their conscience, seek truth, engage in public debate and create a better life for themselves : K�b����l ��F^�{�h̤͑��(LZvlFv;:S�^�� )�Q߀��.of�g$m��t��}�Zߒ�5n���?L'�8���7;'){p͎�DՃ噽����M+I�ωM ����lR+9�G��� )��im�!v��qY�nk���������J��S3㩟��SS�iX�4k_M�ju�|ʶ�BT��~�'��@ There are six normative theories of the press, in 1950 Siebert et al mentioned four theories, two more were added by McQuail in 1980.these theories are. Busybrain first time to come across ur work, great work man. It favours journalism that seeks out good news, requires that bad news stories are treated with caution, for such stories could be economically damaging to a nation in the delicate throes of growth and change. • Safeguarding the interests of journalism and journalist. )� ����Q�W��4c�vD�p����z���� �� • Media may work autonomously but certain thing is controlled by the government and other public organization. }��0����i|+8"���&����(�/}یM�[�U'���u�_OMu�U_U�0��� _{0Pg,��{�v4CG��i�/���1ʋ-ܢEm*]3�?,W��� �z���>l�(D�� b��"S,oR�A���� /:�d)��? The normative theory of the press affirms how things should or ought to be, how to value them, which things are good or bad Get Free Normative Theories Four Theories Of The Press Media Studies Normative Theories Four Theories Of The Press Media Studies Yeah, reviewing a books normative theories four theories of the press media studies could increase your close links listings. Development media theory seeks to accentuate the positive, it nurtures the autonomy of the developing nations and gives special emphasis to indigenous cultures. This will ensure cultural and political pluralism. Mass media do not operate in a vacuum. The Evolution of Media Effects Theory: A Six-Stage Model of Cumulative Research W. Russell Neuman & Lauren Guggenheim Department of Communication Studies, University of Michigan, Ann Arbor, MI 48109, USA The literature of media effects is frequently characterized as a three-stage progression Normative theories are more focused in the relationship between Press and the Government than press and the audience. Authoritarian control tended to be exercised in arbitrary and erratic ways. Free speech challenges authority and free speech that criticizes, or implies criticism of those in power is regarded as subversive. The model emphasizes the role of the receiver in the communication process and integrates receiver’s rights to relevant information, to be heard as well as to hear and be shown. �>Z �c�����k5����T��C�M��*M�ɋ|�Ue*�Mg��Pvp{��|�����E~�_�U�:���#��?�]����!���2>�g��/�=B�b(��C"� ��I���X��X� x�d�6|�/���C�~�#8���g�.�2�qCi Theory says the state have absolute power to control any media for the benefits of people. Thank you! To sum this up, according to authoritarian theory, the media controlled and censored by the ministries in the country but libertarian is fully free without any intervention of any authority or government, Social responsibility theory – press freedom in one hand but other hand they controlled the press by raising question and Soviet media theory, the whole control of the media is under the leader of the nation. Theories are academic foundation of every discipline, they are important because they are the means by which we codify and organise what we know, they allow scholar leaders and student to transform information into knowledge, also theories focus our attention on important variable and relationship, a theory is like a map of a city on which you can view the street, housing, development and others, theories functions as book guide and helps use understand, interpret, judge and act. He says a theory is “a set of interrelated constructs, definition of propositions that gives a systematic view about phenomena “by specifying relations among variable with the purpose of explaining and predicting such phenomena cited by Anaeto, Onabanjo and Osifeso • In the overall interest of development, the state has the right to intervene in media operations by the use of censorship devices, especially when the activities of the press are not in consonance with the development objectives of the government. This is amazing I find it interested, it help me during my NYSC when I was asked to lecture normative theory, keep up educating us. Media theory refers to the complex of social-political-philosophical principles which organize ideas about the relationship between media and society. 6 normative theories (performance) models Authoritarian: govt lays down laws regarding media content (tyrant/ruling elite). • Soviet media theory looks similar like authoritarian theory but the core part is different from each other. They organize knowledge in a field, explain the relationships between important concepts and variables, and help scholars and practitioners make predictions about what strategies will be effective. Strength of the free press theory lies in the following; • Freedom of press will give more freedom to media to reveal the real thing happening in the society without any censorship or any authority blockades. Download Normative Theories Of The Media PDF/ePub or read online books in Mobi eBooks. Normative Theories of the Media: Journalism in Democratic Societies. Henry Townsend of the church missiona... BACKGROUND One sure way of keeping in touch with our contemporary world is through the media. Normative Theories of the Media Journalism in Democratic Societies Awards and Recognition: Awarded the Frank Luther Mott-Kappa Tau Alpha Research Award for best research-based book on journalism/mass communication, 2010. Denis McQuail â 2010-02-18 in Social Science . Liberalism means information is knowledge and knowledge is power. Anaeto,S .G, Onabanjo, O.S. The theory originally came from libertarian thoughts from 16th century in Europe. It is both a theory of state support and one of resistance to the norms of competing nations and competing theories of media. Click Download or Read Online button to get Normative Theories Of The Media book now. There are certain journalist values and conventions which are cherished by media professionals in most parts of the worlds, and which therefore impinge on their manner of operation and on their self-perception. The following are the kind theories as given by McQuail (2005) : • S, These theories as are generalisations derived from systematic observation and objective analysis of mass media variables, employing methods associated with empirical research in the social science (Folarin, 2002. Siebert, F.S, Peterson, T, & Schramm, W. (1963) Four theories of the Press. The commission of press council also included some tasks based on social responsibility of media, which are as follows: • Formulate the code of conduct for the press. (2003) Media Communication. Normative ethics is the study of ethical action. Sometimes considerable freedom might exist to publicize minority viewpoints and culture as long as authorities didn’t perceive a direct threat to their power. Normative theories of journalism concern ideal functions of the press, what the press should do. At the same these âfour theories of the pressâ were came from many sources rather than a single source. In authoritarian theory is a one way communication, these are is no feedback allowed from the public but in Soviet media theory is a two way communication at the same time the whole media is controlled or works under the leadership. 3�t H��������G+�hM I have also been to understand that according to authoritarian theory, the media is controlled and censored by the elites and ruling class in the country but libertarian is fully free without any intervention of any authority or government, Social responsibility theory advocates press freedom in one hand but on other hand there is self-regulation and the public controls the press by raising questions and in Soviet media theory, the whole control of the media is under the leader of the nation.I am very grateful for your expository take on the topic.Benson MabelMass Communication, Caleb University, Lagos. Theories Overcoming barriers to effective communication: Design and deliver message so that it gets the attention of intended audience. Media used sensationalism to attract people to use media like newspapers more. America: Africa Renaissance Book Incorporated. New York: Palgrave Macmillan. Propaganda and mass society theories are used to justify media regulation. Here, the public was encouraged to give feedback which would able to create interests towards the media. Download Normative Theories Of The Media full book in PDF, EPUB, and Mobi Format, get it for read on your Kindle device, PC, phones or tablets. It show how the press operated under the various political environments. As the press performs its responsibilities, according to McQuail, it bears the following tenets in mind: • Media must accept and carry out positive development tasks that are in line with the policies formulated by the political leadership and freedom of the press should not be at variance with economic priorities of the government and the development needs of the citizenry. • Is reliable with U.S media traditions, as the principle is duly enshrined in the first amendment to the constitution. (2005) Theories of Mass- Communication. In this Book. It argues that until a nation is well established and its economic development well underway, media must be supportive rather than critical of government, but assist them in implementing their policies. Here, the press ownership is private and media have an obligation to the public that amount to a form of public stewardship. eï¬ ects of the media and the four possible eï¬ ects. It urges that in public interest, in the interest of true representation, both sides of a case should be stated. • The media should avoid whatever might lead to crime, violence, or civil disorder or give offence to minority groups. The newly formed communist party by Lenin shows much interest in the media which serves to the working class in the country and their welfares. The libertarian theory enables people to realize their potential and since news is about people making the news, the press reminds us that the society has not grown to an entity of greater importance than the people comprising it. It is an exact opposite of the authoritarian theory. This paper, seeks to conduct an overview of contrasting theories of purpose and examine some principles of media performance. Atom They are referred to as normative theories. Thus theories represents point of view. ). Theories McQuail distinguishes between six theoretical approaches on the relation between media and society; give a short summary of each of these theories. • It gives more values for individuals to express their thoughts in media. Sometimes, an authority gives considerable freedom to minority thoughts and cultural issues to promote them if it doesnât make any Watson (2000) its first principle is that the free press is servant to none but its readership in its task of informing, educating and entertaining. Some journalist who have been trained in the western industrialized country or the other see themselves as operating with “ libertarian and social responsibility” principles, which were, in any case the main principles inculcated in them even in their nations training institutions, prior to the advent of development journalism. �^�&��}9�_O������L��x��|��y�2�5a�ko���é{�٪�^k��O�u���ò�s��4��v�^�X'*�g��^�=T%���4��������HC2��, ��!�@�@���q�8�-��vP�ȐڒڐS�i�))�.����Ԇ�BjCjYf�ZHmH-�g&Қ���� ����A::�t$td�H��b+�Z:rtdqw�]Ә^�,'�h���p���e&~�V,F#����b�6�H������ӊ�œE���"d�dz�M+:p�B+�V�ԞV�H�Sp�8��/Ϥ����S�xZq��i�ъ�G+�V�w�{���pw������6`� t���9�~���;���3s3�`��L�N��YZ�S*�J��\���~U|���ղ�s�i�Ü�nv1FC��OsH�r3�W�të�{�~��JN_�.�oᶋ���WӪ�'�+� �jo The theory links with the democratic process and the media are guardians of that process, vigilant on behalf of the citizens, with a duty to be honest and fair to all. Second, it gives an overview of the main theories in this area. This represents the sort of media purpose the idealist dreams up. Communication is a vital component of our ... : A CRITICAL ANALYSIS OF STATES- PRESS RELATIONS IN NIGERIA, 1999-2005 The number of state that have directed attacks against that press ... ADVERTISING STRATEGY RESEARCH Every year companies spend millions of dollars creating adverts and promotion that they hope their customers a... NORMATIVE THEORIES OF THE PRESS - 6 THEORIES. Normative Theories Of The Media full free pdf books First, this entry touches on the history of media effects. Holmes, D (2006) Communication Theory. Watson, J. H�\��n�0E�y Media used sensationalism to attract people to use media like newspapers more. The theory says people are rational and their rational thoughts lead them to find out what are good and bad. It is the branch of philosophical ethics that investigates the set of questions that arise when considering how one ought to act, morally speaking. So the Soviet originated a theory from Marxist, Leninist and Stalinist thoughts, with mixture of Georg Wilhelm Friedrich Hegel ideology and called it The Soviet Media Theory also known as Communist Media Theory. So, normative theories of press were developed to understand the use and responsibilities of media for general public through the relationship of media and governments. New models have been introduced to 'counter' the proponents of normative theories of the press but when considered critically, they are only empirically extension of the normative theories. A contemporary analysis of mass media and modern democracy. This presentation discuss how Normative Theory is used to explain the phenomena of mass media. The basic assumption of the normative theory is that, “the press always take on the form and coloration of the social and political structure within which it operate” (Siebert, Peterson and Schramm, 1995) cited by Anaeto et al 2008, it is also described as a theory that deal with what ought to be. In most countries, the control rested in the hands of a king, who in turn granted royal charters or license to media practitioners. According to Julia T Wood, a theory offers an account of what some thing is, how it works, what it produces or cause to happen, and what can change how it operate, theories are human constructions, symbolic ways we represent phenomena. As the name implies, he theory relates to media in third world nations. They put end to the private ownership of the press and other media. Authoritarian theory doesn’t prioritize cultivation of a homogenous national culture, it only requires acquiescence to a governing elite. Kerlinger (1973) has given a compressive definition celebrated definition of theory. Dennis McQuail (1987) summarized the basic principles of the theory as follows: • Media should accept and fulfill certain obligations to society. • Soviet media theory allows some restriction based on the nation interest rather than communist theories like soviet media theory, the journalist or press should support the leadership rather than a watchdog. Try to group these theories in one of the two paradigms of Chapter 3 and also in Figure 4.4 of this chapter The Nigerian press is older than the Nigerian nation. Mass media is affected and influenced by the social and political actions of the society it operates in. Social responsibility theory appealed to the idealism of individual media practitioners and tried to unite them in service of cultural pluralism. Urbana: • Media will not play monopoly because the audience and media scholars will raise questions if media published or broadcast anything wrongly or manipulate any story. JOURNALISTIC OBJECTIVITY DEBATE IN THE NIGERIAN PR... Social Historical Context of the Development of Nigerian Media, JOURNALISTIC OBJECTIVITY DEBATE IN THE NIGERIAN PRESS (A COMPARATIVE ANALYSIS). Normative Theories Of The Media. McQuail and other scholars like him certainly deserve credit for their penetrating insight, especially into what appears to be common line thinking among leaders of developing countries. This idea came to be known as Milton’s self-righting principle, and it continues to be widely cited by contemporary media professionals as a rationale for preserving media freedom. Types of theories But certainly, the expression of these principles can do with some fine-tuning, so as to make them more useful and at that same time in terms acceptable to all conscientious journalist, as working guidelines. �"�0Oafb6�`�Ƴx�a1^��x��*V�5������F�۱_b/� ��aU�p ... six ferments, one for each decade. Eighth Edition. The four theories of the press according to Siebert, Peterson and Schramm are: Authoritarian Theory. ;U��������&*�Y��w����Be�`!O�i�ߡ�"rV�R��� �Y�P7�3y6��y2���/�i���7�-~�_��o�;_��|���m�B4b�����,��\�B�"�`> ��:5����3�#�ם�� B�� ߿���}���P�\*! The press in such a society is viewed as an instrument for disseminating the stateâs ⦠Normative Leadership Theories. Ota: Bakinfol Publications. ��&K� Q1D��1"���"(*��($a*Kx��9��J1S53L�T��tW��۷O���s��#��S.1���h��*�핞_��0�Sx@Y�X"�"����}&&-R|9�"-a�x�(��"�0"�99;%c���K�B抟��>9��M"�XE�-oLR|⾗\�R��������@����o7&c���]�� Q�����x-q�cD3���? 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India, a nation of 1.2 billion people, is the most varied market in terms of food in the world, cheers to regional differences in cultures, lifestyles and preferences. Today’s consumers select those restaurants or brands that understand them and provide them with the experience they seek. India is a price sensitive country and good bargains and promotions catch consumers’ attention. This trend is seen across consumers categories. For Indians getting valued brands for a lesser price enhances their dining experience and is a motivating factor for them to be more loyal to the restaurants or brands. With the changing habits, there is an increased preference for convenience and eating out. According to various industry experts, nuclear families and bachelors are turning towards takeout, home delivery and semi-prepared meals (ready-to-eat/ ready-to-cook meals) as these are lower cost and also time saving options. According to a recent report by Financial Express Online, this is one important reason why FMCG companies like Nestle, Parle, or PepsiCo have not changed the prices of their products like Maggi, Lay’s and Parle-G for nearly a decade now. Harish Bijoor, Founder Harish Bijoor Consultancy Inc, told Financial Express Online, “These price points become memory points as well. The consumer reaches out to these packs and to an extent has an economy story in his or her mind for sure. The moment this price point is altered, even by 50 paise, there is a jarring effect in the minds of the consumer, retailer, and indeed the entire trade channel.” The Internet economy is bringing convenience in our lives that consumers want everything at the touch of a button, which led to the emergence of food-delivery platforms in India. The online food ordering business in India has boomed in last two years with the entry of several platforms such as UberEats, Zomato, Swiggy, among others. Considering the potential in the Indian market, these platforms have been expanding foothold in India and have more than three lakh restaurants listed on them. These platforms have gained increased usage by consumers by focusing on single-serve value-meals and varied cuisines. According to RedSeer’s Foodtech Market Updates, the foodtech industry has seen an overall Gross Merchandise Value growth of close to 140 per cent in 2018, with order volumes increasing by a whopping 176 per cent on account of discounts and value deals provided by food aggregators. Keeping up with this trend in the country, a global QSR brand like Subway has introduced Chhota Sub, a 4-inch-mini submarine sandwich in four flavours for consumers who are constantly seeking value-deal options with exciting taste. Subway India in past had introduced SubWraps as a snacking product priced at Rs 49 for vegetarian options and Rs 69 for non-vegetarian options. The brand is also running ‘Sub of the Day Offer’ for its guests to have an opportunity to relish their favourite submarine sandwich at an attractive price once a week and is a popular value deal. With the rapid growth of millennials as the major consumer segment, the perception of product’s value and premiumisation has also altered. Consumers no longer consider a product premium based on just a high price tag. Globally, less than one-third (31 percent) of the consumers consider a product premium only because it is expensive. Thus, a clear demand for value-for-money is emerging amongst the younger consumers.