Answer:
These are the options for the question:
A. Segmentation
B. Cannibalization
C. Market penetration
D. Product bundling
And this is the correct answer:
B) Cannibalization
Explanation:
Cannibalization occurs when a newly introduced product reduces the market share of previous products.
In this case, the pocket-friendly combo meals have effectively made the rest of the menu unattractive to customers, it has cannibalized the other meals.
This effect is refer to as cannibalization, because as the original meaning refers to a hostile act withing the same species, in marketing, this effect occurs among products within the same company.
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Answer:
The correct answer is letter "D": seeks to deliver superior value to buyers by satisfying their expectations on key attributes and beating rivals in meeting customer expectations on price.
Explanation:
Best-cost provider is a strategy by which suppliers attempt to provide consumers with high-quality products using methods of production that reduce costs. By doing so, suppliers would give more value to the money of their customers while meeting their expectations on the product purchased at the same time.
As production costs are lower, suppliers would be generating a comparative advantage.
Answer:
Frank Furter can sue hot dog stand and tire manufacturer for breaking of his tooth.
Explanation:
Frank furter can sue the hot dog stand as it was the main cause of his accident. The car is designed for having a luxury driving experience but the accidents may happen any time and there should be suitable brake system which can stop the car immediately or in few seconds. The tire should not burst as this will enhance the damage in the accident.
Answer: Option B
Explanation: Centralization or centralization is the mechanism by which an organization's operations, particularly those related to planning and policy-making, framing strategies and regulations, are consolidated within a specific geographic region unit and are handled by some for the individual employees within.
These employees are usually the top managers and executives working in the company and have authority to make decisions that can impact the company as a whole.
Hence from the above we can conclude that the correct option is B.
