Procter & Gamble's introduction of All-Temperature Cheer laundry detergent in Japan was a flop at first
The problem was that Japanese women wash clothes in cold water–either tap water or leftover bath water–so they don't care about all-temperature washing (which is a big selling point in the United States). Also, Cheer was first introduced in Japan at a time when the market for fabric softeners in Japan was rapidly expanding. However, when Japanese housewives added lots of fabric softener to the water, Cheer didn't produce many suds (Americans don't use as much fabric softener). P&G reformulated the product so it wouldn't be affected by fabric softeners, and ads for Cheer in Japan pledged superior cleaning in cold water, not all temperatures. Which of the following might have helped P&G avoid the initial problems with Cheer?
A) Maslow's hierarchy
B) high vs. low context culture
C) diffusion of innovation
D) self-reference criterion
E) polycentric orientation
D
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Intel achieved success by using the "Intel Inside" advertising campaign and logo that appears on many brands of PCs. This is an example of a barrier to entry classified as:
A) new capacity. B) product differentiation. C) competitor response. D) new approaches to customer needs. E) distribution channels.
Which of the following describes a secured bond?
A) a bond that matures in installments at regular intervals B) a bond that is backed by issuer's specific assets C) a bond that matures at one specified time D) a bond that is not backed by specific assets
Nonprofit organizations
A. do not have a profit objective, so the marketing concept does not apply. B. do not need to be concerned with marketing activities. C. are fundamentally different than business firms-so they should embrace a production orientation rather than a marketing orientation. D. can benefit by adopting the marketing concept. E. None of these answers is correct.
Class-action lawsuits are suits in which a number of persons join together to bring an action
a. True b. False Indicate whether the statement is true or false