Question: A software company develops a product that customers like, but high prices and inadequate distribution cause the product to fail. This is an example of

A software company develops a product that customers like, but high prices and inadequate distribution cause the product to fail. This is an example of which cause of marketing inefficiency?Multiple Choiceemphasis on innovative thinkingimproper blending of the four Psinability of firms to identify new target markets and new opportunitiespreference for a market orientation over a production orientationlack of interest in or understanding of the fickle customer

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

1. What are the main arguments that you will need to counter? That is, what are the reasons and rationalizations you will need to address? 2. What is at stake should you not convince King Bernard to...

Strategy formulation involves the constant search for ways in which the firm's unique resources can be redeployed in changing circumstances.' Starting resource positions are a very poor predictor of...

A Motorola case study Introduction Marketing involves finding out what your customers want and then meeting their requirements. To satisfy its customers, a business must create a successful mix of:...

Make a PESTEL 2. Strategic Issues Analysis (Internal and External) Using the relevant analytical tools, conduct an analysis of both the internal and external environment as presented in the case. -...

Critique /analyze the following article Panagiotis, I. G.,& Sfetsos, P. (2007). Agile software development quality assurance ABSTRACT - Embrace change. Schedules, budgets, competitive environments,...

In the decade of the 2010s, the plans and operations of Avon Inc. in marketing, research, and manufacturing throughout Asia are still being affected by actions taken after a 1998 meeting. The US...

QUESTION 1 Distribution, also known as fulfillment channel networks are configured a. so they require the minimum number of workers loading and unloading vehicles. b. maximize the space available in...

ICMR Case 10 Indra Nooyi: A Transcultural Leader "If all you want is to screw this company down right and get double-digit earnings growth and nothing else, then I'm the wrong person . . . companies...

Logic chips are taken from a container, tested individually, and labeled defective or good. The testing process is continued until either two defective chips are found or five chips are tested in...

2.6 Consider a single sampling plan with n = 50 and c = 3. (a) Construct an OC curve for this sampling plan. (b) Suppose that AQL = 2%. Determine the producer's risk.

22. Lenses function by refracting light at their surfaces. Consequently, their action depends not only on the shape of the lens surfaces, but also on the indices of refraction of the lens material...

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $97,000 per quarter. The company allocates these...