The essential benefit is the fundamental need met

Question # 00094238 Posted By: solutionshere Updated on: 08/18/2015 03:52 PM Due on: 09/17/2015
Subject General Questions Topic General General Questions Tutorials:
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51.

As models proliferate and market segmentation becomes more pronounced, companies seek __________ distribution for their products.



A.

Limited

B.

Selective

C.

Broader

D.

Maximum

E.

None of these

52.

The first stage of the maturity phase of the PLC is characterized as having _________.



A.

Growth, but at a rate lower than the growth stage

B.

No growth

C.

Loss of sales

D.

Growth at an increasing rate in comparison to the growth stage

E.

None of these

53.

In the final stage of the maturity phase of the PLC, the market _______.



A.

Picks up steam as it moves to the decline stage

B.

Begins to feel the pressure of overcapacity and the market starts to lose customers

C.

Begins to see price-only buyers move in and challenge existing producers to add more features to the product

D.

Begins to feel the pressure of global manufacturing and moves to go international

E.

None of these

54.

Early in the maturity phase of the PLC, the product reaches its ________ distribution with respect to the variety of outlets targeted.



A.

Minimum

B.

Stable

C.

Maximum

D.

Selective

E.

None of these

55.

In the decline stage of the PLC, price is pressured as a result of _______.



A.

Consumers forgetting about the brand

B.

New companies forging ahead in the market and offering lower prices to gain market share

C.

Suppliers giving the firm price concessions, but not helping with the reduction in market size

D.

Competitors dropping price and costs remaining high due to lower sales volume

E.

None of these

56.

Products that are new-to-the-world create a product situation that can be described as ______________.



A.

Supply chain shifting

B.

Innovation by intimidation

C.

Diluted innovation

D.

Disruptive innovation

E.

None of these

57.

New-to-the-world products are products that _______.



A.

Have been available before but are recycled

B.

Are innovative but only slightly different than previous products

C.

Have not been available before their introduction to the market

D.

Are not disruptive to the marketplace

E.

None of these

58.

When new-to-the-world products are better, faster versions of existing products that target, for the most part, existing customers, it is said that these products are ___________.



A.

Neo innovations

B.

Subtle innovations

C.

Left-handed innovations

D.

Sustaining innovations

E.

None of these

59.

One way to extend the product is by creating ___________.



A.

Additions to existing product lines

B.

New names for the same products

C.

Products from a different industry to your industry

D.

Products that look like the competitions' but are not really different than the competitions'

E.

None of these

60.

When products like cell phones have been aimed as a safety device for working women and moms, one way to find "new" markets is to _________.



A.

Add features to the phones

B.

Sell added benefits to the existing customers

C.

Reposition the existing products to new markets

D.

Alter the billing so more people can afford the product

E.

All of these

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Tutorials for this Question
  1. Tutorial # 00088619 Posted By: solutionshere Posted on: 08/18/2015 03:52 PM
    Puchased By: 3
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    E. None of these See Exhibit 7.9. AACSB: Analytic Accessibility: Keyboard ...
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    ni...ley Rating The tutor always provide excellent results 12/18/2015

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