Sweet Tooth Confectioners may use the same ingredients as most other producers of chocolate candies and may not even be much better than other well-known brands of chocolate. However, the company wraps its candies in expensive-looking foil and places them in very attractive boxes. It promotes its products in advertisements as "the ultimate in chocolate experience." Sweet Tooth charges a much higher price than most competitors, but sales continue to grow. This success indicates that
A) consumers always behave in an irrational manner.
B) there is more to the total product offer than the physical product.
C) consumers seldom consider price when making a buying decision for goods such as chocolate.
D) chocolate is best classified as a convenience good.
Correct Answer:
Verified
Q184: Lily's Floral Creations is located in a
Q185: The combination of all the factors that
Q186: The best product development strategy for most
Q187: The Coca-Cola Company produces Diet Coke, Diet
Q188: Restaurants, like other businesses, often find that
Q190: The Procter & Gamble Company is a
Q191: Admiral Motors is the dominant firm in
Q192: Spokes sells high-quality bicycles and accessories. The
Q193: Which of the following refers to a
Q194: The combination of product lines offered by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents