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
Correct Answer:
Verified
Q4: Between 1962 and 2012,adult coffee consumption has
A)steadily
Q5: Predicting the future in terms of environmental
Q6: A firm conducting an environmental scan of
Q7: Coffee consumption among consumers 18 to 24
Q8: All of the following statements about the
Q9: Environmental trends come from all of the
Q10: All of the following reasons explain the
Q11: The changes in coffee consumption are due
Q17: Environmental scanning refers to
A) assessing any possible
Q20: The purpose of environmental scanning is to
A)only
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