Question 29

Although good forecasting is always important, when in the Product Life Cyle is forecasting critical to ensure we have enough product to meet demand?

		introduction
		growth
		decline
		adoption

Question 32

When the state of Idaho branded their potatoes to help them be percieved as unique as compared to other potatoes, they were using which strategy?

		differentiation
		responsiveness
		low cost leadership
		mass production

Question 33

Which is the best example of an experience differentiation strategy?

		eating at a Taco Bell fast food mexican restaurant
		buying Wrangler Blue Jeans for men
		buying gasoline for your car at Speedway
		taking your family to Disney World

Question 38

The best example of high local responsiveness by a company that does business in another country is:

		Otis Elevator offering standard products throughout the world
		McDonald's offering rice and pork menu items in Asian countries
		Nestle having worldwide operations to achieve economies of scale
		Licensing NFL products throughout the world