Which of the Following New Products Is the BEST Example

question 283

Multiple Choice

Which of the following new products is the BEST example of the LOWEST level of risk from the company's point of view?

• A)adding Ball Park Beef Franks with Cheese to the Ball Park Franks line
• B)moving from production of land-line telephones to smartphones
• C)marketing the first Apple computer
• D)changing the formula from Coca-Cola to New Coke and then back to Coca Cola Classic
• E)offering online marketing classes rebranded under a new college name

Calculate profits and costs per unit of output in given scenarios.

Understand the short-term and long-term implications of economic decisions for businesses.

Understand the concept and implications of semantic priming in cognitive processing.

Identify and explain various judgment strategies, including heuristics, and their impact on decision-making.