Over a Period of Several Decades,coffee Consumption Declined from 75

question 284

Multiple Choice

Over a period of several decades,coffee consumption declined from 75% of the adult population in 1962 to 49% in 2004.Then,it increased to 64% in 2012.A firm with a good marketing orientation would have

• A)found a less volatile product to sell in its strategic business portfolio.
• B)invested more money in market research for new product development.
• C)hired a new promotional firm.
• D)explored the reasons behind these changes in coffee consumption trends.
• E)demoted coffee from being a "star" to a "dog" in its growth-share matrix

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