reformulation of the original less sweet,more bitter Coca-Cola (now Coca-Cola Classic) into a new sweeter one (eventually called New Coke) was one of the biggest decisions in the firm's history.Coke was responding to Pepsi's gain in market share with its sweeter formulation and its Pepsi Challenge taste tests and commercials.New Coke replaced "old Coke" on supermarket shelves.Loyal Coke customers were incensed that "old Coke" was discontinued.They loved the taste and brand identity of "old Coke" and rebelled against New Coke.TV and print ads designed to persuade Coke and Pepsi drinkers to switch to New Coke were ineffective.After a short period of time,Coca-Cola reintroduced old Coke as Coca-Cola Classic.Eventually,Coca-Cola withdrew New Coke from the market.The launch of New Coke is an example of __________.
A) good planning and good implementation
B) good planning and poor implementation
C) poor planning and good implementation
D) poor planning and poor implementation
E) poor evaluation
Correct Answer:
Verified
Q164: of the following are ways a marketing
Q165: Q166: way to improve implementation is to communicate Q167: Today,the implementation phase of the strategic marketing Q168: the marketing manager for Acme Products Inc.,you Q170: program champion refers to![]()
A) a person who
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