In India,only 10% of Men Who Shave Use Gillette Razors

question 12

Multiple Choice

In India,only 10% of men who shave use Gillette razors.Worldwide,50% of male shavers use Gillette products.To achieve greater penetration in India,Gillette rolled out a no-frills brand that costs 15 rupee -about 34 cents.The Gillette Guard® has a lighter handle that is cheaper to produce.It also lacks the lubrication strip found in Gillette's more expensive razors,and replacement blades cost only 5 rupees (11 cents) .This use of data is described as:

• A)demand pattern analysis.
• B)income elastic analysis.
• C)factor analysis.
• D)market estimation by analogy.
• E)multidimensional scaling.

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Definitions:

Loud Noise

High-volume sounds that can range from disruptive to harmful for hearing, often requiring control or mitigation in various environments.

Hardy Personality

A personality trait characterized by resilience and the ability to effectively manage stress.

External Locus

Refers to an external locus of control, a belief that outcomes in one's life are largely influenced by external forces or fate rather than personal actions.

Type B Personality

A personality type characterized by a relaxed, patient, and easy-going nature, often contrasted with the more competitive and high-stress Type A personality.