Examlex

Solved

In July 2010, Microsoft Discontinued the Kin, Its Social Networking

question 65

Essay

In July 2010, Microsoft discontinued the Kin, its social networking phone, after just six weeks of disappointing sales. During what step of the strategic marketing planning process would Microsoft have made the decision to stop offering the product?


Definitions:

Households

Economic units consisting of all the people who occupy a housing unit, playing a crucial role in the economy by providing factors of production and consuming goods and services.

Goods And Services

The physical items (goods) and intangible assistance (services) that satisfy human wants and needs, which are produced and consumed by people.

Utility

The satisfaction received from consumption; sense of well-being.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting one's needs or expectations.

Related Questions