Examlex
In 1995,Chrysler Corporation launched the first complete remake of its minivan category since the firm invented the vehicle category in 1984.The minivans were redesigned with more curves on the outside and more space on the inside.One of Chrysler's goals was to broaden the minivan's appeal beyond the traditional buyer base of practical families.Advertising showed minivans being used to cart everything from senior citizens to canoes."A minivan is for any time,any place,everyone," was one of the promotional slogans used.To reach other customer groups,Chrysler developed a sports version and a short-wheel-base version of the upscale Town and Country model for sophisticated buyers.Chrysler hoped the $2.6 billion vehicle development cost would pay off as the market expanded.However,competitors also began to offer a wider range of sophisticated models,and competition has become fierce.
-When Chrysler first launched the minivan,the company offered only one version and was focused on generating sales volume through intensive advertising.This approach suggests the company had which type of orientation?
Hispanic Student
A student of Hispanic or Latino origin, which implies a background or heritage associated with Spanish-speaking countries, especially within Latin America.
Confirmation Bias
The tendency to notice and search for information that confirms one’s beliefs and to ignore information that disconfirms one’s beliefs.
Book Review
A critical assessment or analysis of a book's content, style, and significance, often including a recommendation for potential readers.
Confirmation Bias
The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.
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