Examlex
Scenario 11.2
Use the following to answer the questions.
Jonathan Moore, president of Polar Manufacturing Company, has just reviewed the performance reports for the previous year and sees that there are some areas in which the company needs to improve. He specifically feels they could do a better job in managing Polar's product mix. Jonathan calls a meeting of all the managers responsible for each of the product lines that Polar currently manufactures. The group decides that they need to eliminate the complete industrial product line of ice chests, and plan to do so by letting the product decline without any changes in the marketing strategy or product. The group also decides to delete Polar's line of personal thermal underwear, however this product is to be discontinued within the week due to its unprofitability. While discussing these strategies, the group has also uncovered several customer groups for which new products could be developed. The managers decide to assemble a group of people from all functional areas of the company and give them the responsibility for all aspects of the new-product development.
Refer to Scenario 11.2. The group of people that management has assembled to take on the task of new-product development is best described as
Delivered
Successfully transferred or brought to a specified destination.
Effect
The result or outcome that is produced by a cause or agent; it shows how something influences the state of something else.
Affect
The experience of feeling or emotion, which can influence an individual's perception and behavior.
Epidemic
A widespread outbreak of an infectious disease in a community at a particular time.
Q7: When marketers at Consolidated Mustard Company tried
Q17: Kate, owner of K's Tanning Salon, looks
Q30: Customers seldom rely on the price-quality associations.
Q59: Brand preference is the strongest form or
Q104: The product development stage determines the technical
Q136: Nathan recently purchased a floor lamp from
Q146: When a customer is considering the purchase
Q208: Advertisements for services use tangible cues to
Q231: Scenario 12.4 Use the following to answer
Q287: Ideally, test marketing should follow which stage