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Scenario 10-6 Facing Stiff Competition from Walmart and K-Mart, Executives for Target

question 21

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Scenario 10-6
Facing stiff competition from Walmart and K-mart, executives for Target stores have decided to focus on reaching more affluent shoppers and luring them away from traditional department stores. They have already expanded the products and brands they offer to include reasonably priced items by modern design masters. Target hopes to draw more affluent shoppers into its stores through a series of advertising campaigns that are presently in the planning stages. Most of the advertising budget will be directed to ads in regional luxury magazines, which, research shows, are frequently read by affluent individuals.
-(Scenario 10-6) Target managers feel that their potential customers,who are now shopping in department stores,must be persuaded to visit Target stores by recognizing the unique image,positive significance,and social meaning for their brand.Several methods might be used,but which of the following would be least effective in accomplishing this objective?

Definitions:

Disclose

To reveal or make known information that was previously secret or unseen.

Business News

Information about economic activities, companies, markets, and financial developments relevant to stakeholders in the business world.

Cover Up

An attempt to prevent people from discovering the truth about a mistake, crime, or undesirable action.

Functional Résumé

A type of resume focused on skills and experiences rather than chronological work history, highlighting competencies relevant to the job being applied for.