Which type of budget allocation method should not be used for ...

[Kthamas]

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

[Gabe]

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]

TYSM

[carlsona147]

Great answer, keep it coming