COLA MINI CASE: Fizzy Cola Is a Manufacturer of Sodas

question 75

Multiple Choice

COLA MINI CASE: Fizzy Cola is a manufacturer of sodas that has come to be regarded as a symbol of American values and society and has traditionally supplied beverages to the United States Armed Forces. Given that Islamic law prohibits the consumption of alcohol, Fizzy Cola sees a huge market potential for its refreshing, non-alcoholic beverages in the Middle East. Due to current geopolitical conditions, however, marketing Fizzy Cola as a symbol of America is unlikely to be a successful marketing approach with Muslim consumers in the Middle East. As a result, Fizzy Cola plans to tailor its marketing message to the specific needs and values of the potential markets in the Middle East. Market research, however, has been hindered by laws in the area, especially in Saudi Arabia, where gatherings of more than four people are illegal, making focus group research a near impossibility.
-In the COLA MINI CASE, Fizzy Cola's marketing research difficulties arise from which of the following basic research issues in cross-cultural analysis?

• A) differences in consumption patterns
• B) differences in economic and social conditions
• C) differences in market segmentation opportunities
• D) differences in language and meaning
• E) differences in marketing research possibilities

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Definitions:

Accounts Payable

An accounting entry that represents a company's obligation to pay off a short-term debt to its creditors or suppliers.

T Account

A graphical representation in accounting that resembles the letter "T", used to track the increases and decreases in accounts, making it easier to understand transactions.

Credit Side

The right side of an accounting ledger where increases in liabilities, equity, and revenue accounts are recorded.

Debit Side

The left side of a ledger account that records increases in assets and expenses or decreases in liabilities and equity.