Blog

Finnish cellular phone giant Nokia customized its 6100 series mobile phone for every major market in which it is present. In Asia, for example, the series came with higher ring volume so that it could be heard on the crowded Asian streets. This is an example of ________.

In consumer-goods market testing, the company seeks to estimate four variables. These four variables are: trial, first repeat, adoption, and ________.

According to research studies, the closest relationships between customers and suppliers arise when ________.

In ________, the seller charges a separate price to each customer depending on the intensity of his or her demand.

Which of the following is an advantage of sales-wave research?

Dumping occurs when a company ________.

Betty Crocker cake mixes using Hershey syrup in its mixes and “Lunchables” lunch combinations with Taco Bell tacos are examples of what special type of branding?

A(n) ________ is any good, service, or idea that is perceived as new, no matter how long its history.

In addition to its store brands and nationally well-known brands of detergents, Reynold’s also carries much cheaper varieties of detergents that are not advertised and have little-known names. They are often manufactured from lower-quality ingredients and save on packaging and advertising costs. These are known as ________.

Leo’s manager has asked him and his teammates to demonstrate caring towards customers. They are instructed to learn customers’ names, and use names while interacting with them. Repeat customers should get special attention, and the team members should remember their preferences and habits. The manager is asking the team to be ________.