Scenario 7-4
It doesn't matter where in the world you are or how well off, the fast food culture has become a way of life for all of us. According to the latest findings from ACNielsen, the world's leading market research firm, nearly all Hong Kong people (97%) are fast food patrons. A fast food culture has shaped the lifestyles of us all, and with fast food operators introducing healthier options in the form of salads and low carb meals, consumers today have greater choice than ever before.
While building a good brand image is close to the heart of most marketers, it is worth noting that brand image appears to have little influence on consumer choice of take away restaurants. Brand Image ranked the least important among all respondents. Among the international fast food chains and local operators, McDonalds was the world's most popular with 68 percent of people in the 28 major countries picking it as the first choice for take away food. KFC ranks No.2 at 32 percent and Pizza Hut ranks No.3 at 29 percent. Nevertheless local fast food chains also have a strong foothold taking Hong Kong as an example, 62 percent also chose local operators as their choice of fast food restaurants, and as ACNielsen I-Scan ImpulseTM indicates those local chains include Caf'de Coral and Maxim's. (Asians the World's Greatest Fast Food Fans.Two thirds of Hong Kongers frequent at least once a week, December 23, 2004. http://acnielsen.com.)
-(Scenario 7-4) In an attempt to get a fix on whether or not to enter this market, an advertiser performs an analysis of economic conditions. Which piece of information is this analysis most likely to reveal?
A) Television stations often charge a higher rate for foreign-owned enterprises to advertise.
B) 37.3 percent of the total population is between the ages of 15 and 34.
C) Chinese consumer trust in advertising is among the highest in the world.
D) Most Chinese consumers have annual incomes of less than $1000.
Correct Answer:
Verified
Q38: The medium with the most localized worldwide
Q39: The single greatest advantage that international affiliates
Q40: There are numerous commercial research firms that
Q41: Scenario 7-2
In 1974, H. J. Heinz Company
Q42: Scenario 7-3
Biba is a French magazine whose
Q44: Scenario 7-4
It doesn't matter where in the
Q45: Scenario 7-1
In collaboration with the Ministries of
Q46: Scenario 7-3
Biba is a French magazine whose
Q47: Scenario 7-3
Biba is a French magazine whose
Q48: Scenario 7-2
In 1974, H. J. Heinz Company
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