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Experiential or symbolic benefits are most important to which of the following?
Hewlett-Packard
Johnson & Johnson
H&R Block
McDonald’s
Disney World
Disney World
Ahmed enjoys going to the local zoo. He does not like the price of the zoo food and beverages, however, as they are much more expensive than food in other places. When he does buy a drink, he usually goes for the extra-large one because it comes in a souvenir cup that he gets to keep. The souvenir cup represents which of the following?
Supplemental features
Experiential benefits
Product lines
Core product
Brand extensions
Supplemental features
The Red Cross raises money to help people survive natural and manmade disasters. The Red Cross can best be described as a(n) _______.
idea
specialty product
service
good
unsought product
idea
Huy Fong is buying peppers and vinegar to make its iconic Sriracha sauce. For Huy Fong, these are best described as _______.
raw materials
component parts
process materials
installations
accessory equipment
process materials
Which of the following would be an example of accessory equipment?
Calculator
Pencils
Coca-Cola syrup
Iron ore
Printing press
Calculator
Cummins has multiple product lines that it categorizes into engines, power generation, fuel systems, turbo technologies, filtration, and emissions solutions. This would be an example of which of the following?
Width of product mix
Product height
Brand extensions
Depth of product mix
Product items
Width of product mix
Belle Meade sells different kinds of wine. Under its white wine product line, it sells four products—Carriage House White, Celebration Riesling, Race Day White 2016, and Lady’s Cuvee. This is an example of _______.
depth of product mix
width of product mix
product items
brand extensions
product height
depth of product mix
Herbalife24 includes products developed for athletes in Canada. Herbalife is a weight management and nutrition products company known for marketing products to customers for a healthier lifestyle. Athletes are just one of the groups that Herbalife targets. Herbalife24 is most likely a _______.
brand extension
specialty product
product line
product item
product mix
product line
Sulbha loves to try new products because she gets a thrill from it. Even though some of the products she adopted turned out to be failures, Sulbha is willing to take the risk. She needs to be the first one to own the newest products! Her cousin Melanie, however, is generally suspicious about new products. For instance, when the iPad first came out, Melanie was highly skeptical. Even when Sulbha assured her that it was a good product, Melanie was not certain. Finally, after a few years and lots of encouragement from Sulbha, Melanie decided to purchase the newest iPad. Sulbha is most likely in the _______ category, while Melanie is most likely in the _______ category of product adopters.
early majority; laggard
innovator; late majority
early adopter; laggard
early adopter; late majority
innovator; late majority
Which of the following companies are most likely to use individual branding?
Procter & Gamble
Apple Inc.
McDonald’s
Seventh Generation
Ford Motor
Procter & Gamble
The Double-A of American Airlines, the peacock of NBC, and the apple with a missing bite of Apple are examples of a _______.
trade name
trademark
brand name
brand mark
brand equity
brand mark
When Dyson, best known for its revolutionary vacuum cleaner, introduced the Dyson Supersonic hair dryer, it used _______.
line extension
brand extension
brand equity
brand licensing
individual branding
brand extension
MultiTech Corp. has decided that all of its products’ packages should be similar. Multitech is using which of the following?
Family branding
Private distributor packaging
Family packaging
Brand extension
Co-branding
Family packaging
Most wine comes in similarly shaped bottles or, occasionally, boxes. However, Stack Wine offers its wine in four-pack cups. While a traditional winemaker is likely to adopt _______ packaging, Stack Wine has adopted _______ packaging.
category-consistent; innovative
multiple; innovative
improved handling; multiple
category-consistent; secondary use
identical; improved handling
category-consistent; innovative
Smart Ones TV dinners come in red boxes with many of the same elements. Each box features the giant “Smart Ones” brand name at the top. This is an example of _______.
reusable packaging
single-use packaging
multiple packaging
family packaging
individual packaging
family packaging
Buckyballs was marketed as a desk toy made up of small magnetic spheres. Adults could play with the magnetic spheres and create different shapes. Labeling on Buckyballs packaging clearly stated that this product should be kept away from children. As concerns for safety grew, Buckyballs placed even more warning labels on the packaging. Despite this fact, thousands of children who thought the magnets were candy ingested them. The magnets could cause fatal complications inside the body. If more than one was swallowed, they could attract one another inside the stomach, creating tearing and other complications. Despite all the warnings, the Consumer Product Safety Commission ruled the product was too dangerous and filed a lawsuit. Though Buckyballs magnets were discontinued, they have since returned under the name Zen Magnets.
Refer to Scenario 10.1. How should Buckyballs classified?
Component product
Business product
Consumer product
Service
Idea
Consumer product
Buckyballs was marketed as a desk toy made up of small magnetic spheres. Adults could play with the magnetic spheres and create different shapes. Labeling on Buckyballs packaging clearly stated that this product should be kept away from children. As concerns for safety grew, Buckyballs placed even more warning labels on the packaging. Despite this fact, thousands of children who thought the magnets were candy ingested them. The magnets could cause fatal complications inside the body. If more than one was swallowed, they could attract one another inside the stomach, creating tearing and other complications. Despite all the warnings, the Consumer Product Safety Commission ruled the product was too dangerous and filed a lawsuit. Though Buckyballs magnets were discontinued, they have since returned under the name Zen Magnets.
Refer to Scenario 10.1. "Keep Away from Children" was placed on the label of Buckyballs packaging for _______ purposes.
promotional
identification
convenience
informational
safety
safety
Buckyballs was marketed as a desk toy made up of small magnetic spheres. Adults could play with the magnetic spheres and create different shapes. Labeling on Buckyballs packaging clearly stated that this product should be kept away from children. As concerns for safety grew, Buckyballs placed even more warning labels on the packaging. Despite this fact, thousands of children who thought the magnets were candy ingested them. The magnets could cause fatal complications inside the body. If more than one was swallowed, they could attract one another inside the stomach, creating tearing and other complications. Despite all the warnings, the Consumer Product Safety Commission ruled the product was too dangerous and filed a lawsuit. Though Buckyballs magnets were discontinued, they have since returned under the name Zen Magnets.
Refer to Scenario 10.1. What type of brand was Buckyballs?
Manufacturer brand
Private distributor brand
Generic brand
Dealer brand
Store brand
Manufacturer brand
The Meta Quest 3 product is a virtual reality headset released in 2023 and is used for gaming, entertainment, and fitness. It is a successor to the Quest 2. Retailers including Best Buy sell the Meta Quest 3 for approximately $500. Sales are increasing steadily for the Meta Quest 3 and its competitors—the HTC VIVE, PlayStation VR2, and several others.
Refer to Scenario 10.2. Cam is looking to replace their older VR headset. They want to purchase the Meta Quest 3, but if it isn’t available Cam would purchase a different brand. Which level of brand loyalty does Cam likely have for the Meta Quest 3?
Brand loyalty
Brand insistence
Brand recognition
Brand preference
Brand equity
Brand preference
The Meta Quest 3 product is a virtual reality headset released in 2023 and is used for gaming, entertainment, and fitness. It is a successor to the Quest 2. Retailers including Best Buy sell the Meta Quest 3 for approximately $500. Sales are increasing rapidly for the Meta Quest 3 and its competitors—the HTC VIVE, PlayStation VR2, and several others.
Refer to Scenario 10.2. In which stage of the product life cycle is the Meta Quest 3 likely to be?
Decline stage
Maturity stage
Prosperity stage
Growth stage
Introduction stage
Growth stage
The Meta Quest 3 product is a virtual reality headset released in 2023 and is used for gaming, entertainment, and fitness. It is a successor to the Quest 2. Retailers including Best Buy sell the Meta Quest 3 for approximately $500. Sales are increasing rapidly for the Meta Quest 3 and its competitors—the HTC VIVE, PlayStation VR2, and several others.
Refer to Scenario 10.2. What type of consumer product is the Meta Quest 3?
Accessory equipment
Specialty
Shopping
Unsought
Convenience
Shopping
Tide Pods was developed to revolutionize the detergent industry and spark new interest in Tide laundry detergent. The pods launched with much fanfare. Customers like the pods because they are less messy and more concentrated than liquid detergent. Originally, the pods were placed in a clear packaging. Other competitors have also released detergent pods due to their popularity. However, since its release there have thousands of incidents with children ingesting the pods and mistaking them as candy. Because of their higher concentration, ingesting the pods can do severe damage and has even led to deaths. Procter & Gamble responded by changing the packaging so that it is no longer transparent. It also made the packages harder to open.
Refer to Scenario 10.3. When first released, Tide Pods caught consumers’ attention because the detergent was placed into a small orange “pod” that users could throw into their washing machine. This eliminated the need to measure and pour out messier liquid detergent. Tide Pods likely represent what type of packaging?
Single-use packaging
Category-consistent packaging
Handling improved packaging
Secondary use
Innovative
Innovative
Tide Pods was developed to revolutionize the detergent industry and spark new interest in Tide laundry detergent. The pods launched with much fanfare. Customers like the pods because they are less messy and more concentrated than liquid detergent. Originally, the pods were placed in a clear packaging. Other competitors have also released detergent pods due to their popularity. However, since its release there have thousands of incidents with children ingesting the pods and mistaking them as candy. Because of their higher concentration, ingesting the pods can do severe damage and has even led to deaths. Procter & Gamble responded by changing the packaging so that it is no longer transparent. It also made the packages harder to open.
Refer to Scenario 10.3. Tide holds a large market share in the laundry detergent industry. However, Tide has been on the market for many years. Procter & Gamble was hoping that its pods would bring new life to its product and excite consumers once more. Tide laundry detergent is most likely in what stage of the product life cycle?
Introduction stage
Prosperity stage
Growth stage
Maturity stage
Decline stage
Maturity stage
Tide Pods was developed to revolutionize the detergent industry and spark new interest in Tide laundry detergent. The colorful pods launched with much fanfare. Customers like the pods because they are less messy and more concentrated than liquid detergent. Originally, the pods were placed in a clear packaging. Other competitors have also released detergent pods due to their popularity. However, since its release there have thousands of incidents with children ingesting the pods and mistaking them as candy. Because of their higher concentration, ingesting the pods can do severe damage and has even led to deaths. Procter & Gamble responded by changing the packaging so that it is no longer transparent. It also made the packages harder to open.
Refer to Scenario 10.3. Tide Pods would most likely be classified as a(n) _______ product. However, suppose a hotel uses Tide Pods to wash its sheets and towels. In this case, Tide Pods would be classified as _______.
shopping; MRO supplies
unsought; accessory equipment
convenience; MRO supplies
convenience; process materials
unsought; process materials
convenience; MRO supplies
Tide Pods was developed to revolutionize the detergent industry and spark new interest in Tide laundry detergent. The pods launched with much fanfare. Customers like the pods because they are less messy and more concentrated than liquid detergent. Originally, the pods were placed in a clear packaging. Other competitors have also released detergent pods due to their popularity. However, since its release there have thousands of incidents with children ingesting the pods and mistaking them as candy. Because of their higher concentration, ingesting the pods can do severe damage and has even led to deaths. Procter & Gamble responded by changing the packaging so that it is no longer transparent. It also made the packages harder to open.
Refer to Scenario 11.3. Melinda hates using liquid laundry detergent. She heard about Tide Pods from a friend and did some research. She likes what she learns, but she is concerned about all the incidents where children have accidentally swallowed the pods. She has two young children herself. Melinda begins weighing the pros and cons of Tide Pods versus the liquid laundry detergent. Melinda is in what stage of the product adoption process?
Evaluation
Interest
Trial
Awareness
Adoption
Evaluation