33. A company who does research before
launching a product will most likely
have success, and those products that
have already been launch research
helps to keep track of the competition
and economic trends.
35. What products to produce
Where the products should be sold
How the products will be promoted
What price to sell the products for
36. Explain how McDonalds applies the
utilities of added value in order to
satisfy consumers needs and wants.
(Form, Place, Time Possession and
Information utility)
37. Form Utility – Potatoes – FF
Place Utility - # of stores
Time Utility- open late – open early
Possession Utility- debit cards etc
Information Utility – Nutritional
information, M logo
38. State if the following activity is an
example of attitude, market, media or
product research.
A laser surgery company conducts an
opinion survey of all eyeglass wearers
on their attitudes on laser surgery.
40. State if the following activity is an
example of attitude, market, media or
product research.
A local TV station asks you to complete a
diary on your viewing habits that will be
mailed in for analysis
42. State if the following activity is an
example of attitude, market, media or
product research
Nike predicts that it’s new sneaker will be
purchased by 150,000 customers.
46. State if the following activity is an
example of attitude, market, media or
product research
Wendy’s test markets taco’s in selected
stores in the West.