Context understanding

RESEARCH AND DEFINITION Context understanding

In order to properly identify the pros and cons of my developed method, we first mapped out all possible effects and their interconnectedness when overspending is in play into a graph as seen in Figure 1. As mentioned in the motivation, I mapped out the effects of overspending in terms of its origin (Peoples need to buy newer branded goods) and its subsequent effects to the person itself (anxiety), company (company profits, overproduction) and last but not least the environment (planet degradation).

Based on Figure 1, I predicted that as we curb overspending and bring it into moderation, it would affect the factors that I’ve already identified. First and foremost, the most direct effect the change will have would be the customers saving money as they no longer need to spend money on unnecessary and expensive goods consistently. This eliminates the possibility of addiction and reduction of quality of life as mentioned previously as well as the potential threat to the environment via waste in terms of garbage and waste in terms of resources. However, doing so would, in turn, result in the loss of company profits as people are buying less and less and this, in turn, would result in the reduced demand for human resource required by the company. The updated map of all possibilities can be seen in Figure 2.

Figure 3: Figure showing the reialigned list of sub functions which are taken into consideration when mapping out the effect of over-spending