You manage a firm’s marketing department, which is deciding…

You manage a firm’s marketing department, which is deciding what to focus its next marketing campaign around. The firm’s current goal is to generate additional sales this quarter. Which of the following strategies is the most efficient way of achieving this goal?

You, as a manager of a drink distributor, decide to position…

You, as a manager of a drink distributor, decide to position your new product, one that nobody’s ever heard of, as a healthy, affordable alternative to the sweet sports drinks normally sold at convenience stores. Which type of problem solving activity will likely lead consumers to choose your product? 

You run a used vehicle dealership and are deciding how to pr…

You run a used vehicle dealership and are deciding how to price your latest procurement (a 2005, BMW M3). You purchased the car for $8500 at auction and need to make at least a $2000 profit. Which of the following techniques are you most likely to utilize to help sell the car?