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

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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:

Retention

The action of keeping something or someone, often referring to the strategies used by businesses to keep employees from leaving the company.

Working Facility

The physical location and amenities provided by an employer where employees perform their job functions.

Revitalizing The Organization

Strategies and actions undertaken to rejuvenate an organization's operations, culture, and financial health to stimulate growth or improve performance.

Recruiting Strategy

A plan or approach designed by an organization to attract and select candidates for employment or membership.

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