Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
Question
Book Icon
Chapter 14, Problem 1VC
Summary Introduction

Case summary: Company D provides different types of pizzas in different parts of the world that whole family can enjoy. To remain in one of the top position, Company D keeps their focus on market trend, customer likes and likes in their menu and customer suggestions and reviews. Company D wanted to add salad in its menu. It knew that is going to be a challenge. The question was whether to develop a whole new value chain or not and whether to hire another firm or do it itself. It also have the problem of menu, means which salad to serve. It decided to serve three types of salads and to hire another firm. Whenever company decides to bring new product, it bring it slowly. Company D keeps in mind the whole process of product promotion and other steps, so that people are aware of new addition in the menu. It launches a product to test because acceptance of the product is important. It decided to add wedding registry by listening to one of the suggestion of the customer. Company D understands that customer compare the benefit from cost of the product to get the value of the product and also understands that the entire product are not going to be successful in the market. It believes in constant evaluation to meet regularly changing consumer demand.

Characters in the case: Company D.

Adequate information: Company D launched its salads in one fifth of the whole 13,000 stores in the country.

To determine: The classification of consumer product, pizza belongs to and reason for it.

Blurred answer
Students have asked these similar questions
In a small island developing country, the service sector has been dominated by four companies: LightingPros Ltd., Island Solutions Inc., Real Services Co., and Entertainment Enterprises. Each company offers similar services, including event planning, catering, transportation, equipment rental, and audio-visual production. At present clients engage different companies for specific services, creating a balanced distribution of business across the market. However, recent shifts in client preferences have disrupted this equilibrium. Clients now prefer the convenience and efficiency of working with a single provider that can offer a comprehensive package of services. This has led to a significant decline in business for some companies that are unable to offer the full suite of services on their own. Some of the challenges faced by the companies include limited-service offerings, client convenience where clients prefer working with a single vendor to simplify communication, reduce costs, and…
St. Lucia, a small island developing country, the service sector has been dominated by four companies: LightingPros Ltd., Island Solutions Inc., Real Services Co., and Entertainment Enterprises. Each company offers similar services, including event planning, catering, transportation, equipment rental, and audio-visual production. At present clients engage different companies for specific services, creating a balanced distribution of business across the market. However, recent shifts in client preferences have disrupted this equilibrium. Clients now prefer the convenience and efficiency of working with a single provider that can offer a comprehensive package of services. This has led to a significant decline in business for some companies that are unable to offer the full suite of services on their own. Some of the challenges faced by the companies include limited-service offerings, client convenience where clients prefer working with a single vendor to simplify communication, reduce…
Transactional leadership   Discuss how this leadership style will fit with the healthcare industry and can benefit the staff. Explain your answer.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Text book image
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:9781337407595
Author:Lamb
Publisher:Cengage
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College