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Vika [28.1K]
2 years ago
14

Kimberly-Clark developed its Avert Virucidal tissues that contained vitamin C derivatives, which were scientifically designed to

kill cold and flu germs when users sneezed, coughed, or blew their noses into them. Unfortunately, people didn’t believe the claim and were frightened by the "cidal" in the brand name. The reason for this product failure was:_______.
a. an insignificant point of difference.
b. too little market attractiveness.
c. poor execution of the marketing mix.
d. poor product quality.
e. incomplete market and product protocol.
Business
2 answers:
statuscvo [17]2 years ago
4 0

Answer:

e. incomplete market and product protocol.

Explanation:

A market and product protocol refers to the activity that is carried before the development of a new product begins in order to give a clear definition of how would the new product satisfy specific wants and needs of customers.

If this protocol is not complete, the product will not be able to satisfy the needs of consumer on critical factors and the product may fail in test marketing.

Therefore, the reason for this product failure was incomplete market and product protocol. Also, an appropriate way of describing the intent meaning of "cidal" in the brand name which could mean killing oneself or capable of killing bacteria was not put in place.

mezya [45]2 years ago
3 0

Answer:

E) incomplete market and product protocol.

Explanation:

Kimberly-Clark's Avert Virucidal failed in test marketing, because the researchers in charge of product development  failed to clearly define how it would satisfy consumers' wants and needs. The idea itself wasn't bad, but the concept testing was poorly done. During concept testing, the marketing researchers must determine if the consumers understand the product's idea or not, and obviously that didn't happen. The product does satisfy consumers' needs and if the marketing process was properly done, they would have probably accepted the product.

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Describe a company that has gotten publicity from the news media. Why did the company get publicity? Was it positive or negative
Dmitrij [34]
Samsung, for having lithium ion batteries in their new phones the samsung galaxy 7, negative because they were burning up and hurting people.
8 0
1 year ago
Read 2 more answers
A decline in the domestic real interest rate would cause a ________ in net exports and a ________ in the exchange rate.
ikadub [295]

Answer: fall; rise

Explanation:

The real interest rate is the rate of interest that is received by an investor, lender or after inflation has been taken into consideration.

The real interest rate is when the inflation rate is deducted from the nominal interest rate. A reduction in the domestic real interest rate would cause a fall in net exports and a rise in the exchange rate.

5 0
2 years ago
A. Present one recent instance (within the last 50 years only) whereby a language, custom or national culture has been lost or d
const2013 [10]

Answer: 1. A. China in Zambia

B. Increased Market Share

Explanation:

A. China in Zambia

For years now many have worried about Chinese influence in China and what they view as subtle attempts by China to engage in modern day Colonialism through methods such as Predatory Loaning practices.

One glaring example is that of Zambia.

There are several ways in which the Chinese have established a foothold in Zambia and are making the country lose its sovereignty and national culture.

1. Loans for Infrastructure

China has invested massively in Zambia which is a big Copper exporter to enable them mine and capture the Copper that Zambia has for use in production in China. In the last 6 years, Zambia has embarked on over 29 projects all funded by about $9 billion in Chinese loans. With such loans being owed, the amount of Chinese influence will be great.

2. Small Scale Entrepreneurs

Chinese people have emigrated to Zambia in droves and some of them have started street level businesses also called Chinese Shops where they sell every day goods ranging from AA batteries to bicycles. These put pressure and compete with local Entrepreneurs who might not be able to get those goods as cheaply as the Chinese can from China. This as well as the importation of Chinese goods and services to feed the Chinese people involved has led to Zambian adopting Chinese foods and goods for themselves as well.

3. Political Interference

With such a huge investment in Zambia, many have noted with concern that China often meddles in the politics of the Southern African nations by picking candidates that will be more friendly to their Economic aspirations. This directly leads to a loss of sovereignty as well as an erosion in the independence of the national culture.

2. Oligopolies refer to firms that exist in an industry that has very few competitors and with the less competitions have a chance to make huge profits. Getting into the industries they operate in can be quite difficult due to high start-up costs as well as already well established competition. These include industries like the Motor and Aeroplane manufacturing industries.

As a result of Globalization, these companies have spread across the globe and as they are already established, they have the unique opportunity to charge less for their goods due to Economies of Scale. This allowed them to discourage local manufacturers in the newer companies they came to which could not hope to compete with such giants. This enabled the Oligopolies to capture the market share that the local competitors gave up thereby increasing the market share of these Oligopolies and by extension their Profitability.

7 0
2 years ago
When Nike purchases it's raw materials it wants to ensure they meet a specific quality management standard worldwide. This will
enot [183]

Nike should purchase it's raw materials from organizations that meet  ISO 9000 standards.

Explanation:

ISO 9000 is the international standard for quality and resource management employed according to the World trade organisation and thus has an international approval that is recognizable all over the world.

Nike as a leading and trusted brand across the world for footwear must keep i care that they meet the quality standard that will be accepted worldwide and meet the highest standards of the buyers justifying the popularity of their products which is ensured by the certification of ISO 9000.

6 0
1 year ago
Read 2 more answers
Consider two markets: the market for motorcycles and the market for pancakes. The initial equilibrium for both markets is the sa
Tamiku [17]

Answer:

1. PES for pancakes is 2.45

2. Supply in the market for motorcycles is  less elastic than supply in the market for pancakes.

Explanation:

Price elasticity of supply is the responsiveness of quantity supplied to a change in price. it is calculated by dividing the % change in quantity supplied by the % change in price. Generally, it can be of two types:

  1. Price Elastic: Change in quantity supplied is higher than change in price. PES > 1
  2. Price Inelastic: Change in quantity supplied is lower than change in price. PES < 1

When calculated using the mid-point formula, this is the formula used:

<u>(Q2 - Q1) / [(Q2 + Q1)/2]</u>

(P2 - P1) / [(P2 + P1)/2]

1. We will now substitute the actual values of pancakes in place after identifying them from the question:

Equilibrium Quantity - 27 (Q1)

New Quantity - 109 (Q2)

Equilibrium Price - $6.50 (P1)

New Price - $10.75 (P2)

<u>(109 - 27) / [(109 + 27)/2] </u>

(10.75 - 6.50) / [(10.75 + 6.50)/2]

<u>1.21 </u>

0.493

Therefore, PES for pancakes is 2.45 (approx. two decimal places) suggesting it is price elastic.

2. In order to check whether motorcycles or pancakes are more elastic, we calculate the PES of motorcycles using the same method:

Equilibrium Quantity - 27 (Q1)

New Quantity - 61 (Q2)

Equilibrium Price - $6.50 (P1)

New Price - $10.75 (P2)

<u>(61 - 27) / [(61 + 27)/2]</u>

(10.75 - 6.50) / [(10.75 + 6.50)/2]

<u>0.77</u>

0.493

Therefore, PES for motorcycles is 1.56 (approx. two decimal places) suggesting it is price elastic. However, it is less price elastic than PES for pancakes.

One reason for this could be production time. Pancakes can be produced much faster than motorcycles. Therefore, it is more flexible to price changes.

4 0
2 years ago
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