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When Consumers Think of Nestlé,they Probably Think of Chocolate

question 35

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When consumers think of Nestlé,they probably think of chocolate.Historically,though,Nestlé's confectionary business is its weakest area.Based in Switzerland,it is the world's Nestlé
largest food company,with a brand arsenal of Nescafe,Jenny Craig,Perrier,Purina,and PowerBar,just to name a few of its 30 product lines.Nestlé is hoping to become the "world's leading health,nutrition,and wellness firm" by spending billions of dollars on research and development of functional foods--foods that have pharmaceutical-like capabilities to enhance energy and heart,bone,gut,and other health.Nestlé wants consumers to see chocolate as a pharmaceutical product rather than just a treat.Part of this new focus includes streamlining their product mix by selling underperforming items or lines that do not fit its new direction.Critics claim this new focus could hurt the company's existing brands if the new products fail.Additionally,it may be an uphill battle convincing consumers that a company known for indulgence is now a wellness company.
-Refer to Nestlé.After developing these new,functional products,Nestlé will have to change consumers' perceptions of its brands because it is known for indulgence,not wellness.Nestlé will have to _____ itself.

Definitions:

Mood-Congruent Memory

The tendency of individuals to recall memories that are consistent with their current mood.

Chunking

A memory strategy that involves organizing information into manageable and meaningful units or chunks, facilitating easier recall.

Spacing Effect

Refers to the phenomenon where learning is more effective when study sessions are spaced out over time rather than conducted in one long session.

Iconic Memory

A type of visual sensory memory that briefly holds an image of a visual stimulus after its exposure.