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In the late 1970s, Pepsi successfully launched the “Pepsi challenge” marketing campaign which showed that consumers preferred Pepsi over Coco-Cola in blind taste tests. In response, Coco-Cola developed a new formula afar “spending four years testing the new recipe and conducting taste tests with more than 190,000 people.” Coca-Cola’s research showed that “people chose the new formula 55 percent of the time, and the original one 45 percent of the time.” Based on the finding, Coco-Cola replaced the original formula with the new formula and launched the “New Coke”. However, “New Coke” was wildly unpopular, because it replaced the original "coke classic".
Questions:
Based on Ansoff’s product-market matrix, do you think the new coke should be introduced along with the original coke ?
If so, how would you differentiate this new product with the existing product in marketing communications? Should the same brand be used?
If you do not think so, what would you do instead?
What different types of users does Edmunds appeal to? How does Edmunds and other companies develop their applications to appeal to different types of users?
Cost, the overall construction budget, is an item of discussion for any construction project. In general, with every project the owner will ask, "what do you think it will cost?"
Assignment on Case Study- Michael DELL-The Man Behind DELL Presentation (Change Management). Michael Dell began building and selling computers from his dorm room at age 19. He dropped out of the University of Texas when his sales hit $60 million a..
You are completing your project planning activities for the project you have been assigned to manage. The remaining component is the communication plan that you need to present to your project sponsor at the end of the week.
If you were the CFO of a company that had to decide on hundreds of potential projects every year, would you want to use sensitivity analysis and scenario analysis or would the amount of arithmetic required take too much time and thus not be cost-effe..
Plant B produces 950 units per hour. The cogdart sells for $24.00 per unit. The plants works an eight (8) hour shift five (5) days per week. There are two (2) workers assigned to the production line. The average hourly rate per worker is $21.50. What..
What marketing channel routes and distribution-density should he or she use and why?
Identify the product or service, then answer the following questions: Why did you purchase the product or service?
In a manufacturing facility that produces laptop computers, there are three production lines that operate independently of each other. On one line, circuit boards on the way to final assembly that do not meet quality standards get "kicked"
A careful analyst conducts a sensitivity analysis to see if the situation's outcome is susceptible to small changes in such parameters (say 5%). Is Decision Analysis susceptible to such a sensitivity analysis and how might it be conducted?
Apperson and Fitz is a chain of clothing stores that caters to high school and college students. It publishes a quarterly catalog and operates a Web site that features provocatively attired males and females.
Decisions about pay structure in global companies affects: Answer (1) a company's financial and operational requirements. (2) the cost and availability of qualified workers. (3) the cost and availability of local workers. (4) a company's costs and..
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