When Henry Ford Made the Model T,he Said That Consumers

question 49

Multiple Choice

When Henry Ford made the Model T,he said that consumers "can have their car in any color they want,as long as it's black." This was a case of:

• A) Repositioning.
• B) Reengineering.
• C) one-to-one marketing.
• D) undifferentiated targeting.
• E) niche marketing.

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Definitions:

Negligent

the failure to exercise the care that a reasonably prudent person would exercise in like circumstances, resulting in harm or damage.

High-Crime Area

A geographic location with a significantly higher rate of criminal activity compared to surrounding areas.

Loading Dock

A designated area in a facility where goods are loaded onto or offloaded from vehicles or shipping containers.

Bailment

A legal relationship in which physical possession of personal property is transferred from one person to another, who subsequently holds the property for a certain purpose under an agreement.