This topic contains a solution. Click here to go to the answer

Author Question: Which type of budget allocation method should not be used for firms that are entering a new market ... (Read 84 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
Which type of budget allocation method should not be used for firms that are entering a new market or whose brands are not known locally?
 a. Objective-and-task c. Competitive-parity
  b. Executive-judgment d. All-you-can-afford

Question 2

_____ is the most effortless type of consumer decision-making, and is characterized by little or no information seeking.
 A) Performance processing
  B) Reactance
  C) Habit
  D) Emotional processing
  E) Satisfice



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Gabe

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

C
In a new market, it is unlikely that a firm will have a similar marketing goal or strategy compared to competing firms. The same is true for brands that are not known. For example, a firm with an unknown brand may need to spend much more in advertising to achieve awareness. For this reason, the competitive-parity methods should not be used for firms that are entering a new market and/or whose brands are not known locally.

Answer to Question 2

C




Kthamas

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Gracias!

 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

For a complete list of videos, visit our video library