Question: Scenario 1 2 . 1 . During the 2 0 0 7 - 2 0 0 9 recession, sales for many companies plummeted. The rate

Scenario 12.1.
During the 2007-2009 recession, sales for many companies plummeted. The rate of unemployment grew substantially. As a result, Unilever decided release a cheaper, more basic version of its Seventh Generation laundry detergent. This lower-priced product lacked some of the fragrance options its more expensive counterpart, but Unilever thought it would be good for cash-strapped consumers. Unilever tried the product in 100 stores in the South for about a year. The product failed to take off, and it was discontinued.
Refer to Scenario 12.1. What stage of the product development process was Unilever in when it decided to discontinue the lower-priced detergent?
Product development
Business analysis
Concept testing
Test marketing
 Scenario 12.1. During the 2007-2009 recession, sales for many companies plummeted.

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!