UNDERSTANDING BUSINESS (LL) >CUSTOM<
UNDERSTANDING BUSINESS (LL) >CUSTOM<
11th Edition
ISBN: 9781260660647
Author: Nickels
Publisher: MCGRAW-HILL HIGHER EDUCATION
Question
Book Icon
Chapter 14, Problem 3VC
Summary Introduction

Case summary:

Company D provides food-to-go concept which enables customers to gather various meals, which can be taken home and prepared in minutes. They provide nutritious meal, save customer time, and are convenient which helps families reestablish “dinner time” as an important social event. This concept illustrates the process of the overall product offering and every steps in the process.

For a minimum expense of $150 a month, the customers get 6 full-size dinners or 12 small size dinners. They provide new 3-4 new dinner options every month. Their only way of marketing is by word of mouth by satisfied customers and social media. Company D’s pricing model depends on a cost-plus margin. Company D has its four key principles to assess its overall effectiveness, they are (1) easy and nutritious meal, (2) customers have huge experience in the store assembling meals, (3) the menu items are easy for store owners to get and (4) few acceptable menu items at home and office.

Characters in the case: Company D.

Adequate information: Company D launches food-to go concept to provide customers nutritious food which can be prepared in minutes.

To determine: The stage of the product life cycle Company D belong to and reasons for the same.

Blurred answer
Students have asked these similar questions
Mostlarge businesses rely on many complex processes to keep them running smoothly. Two large areas that impact large areas of business and IT are ERP and CRM. Respond to the following questions: • How do ERP and CRM help a company? What are the drawbacks to setting up those different types of systems in a business? What direct effects do these systems have on customers?
Please original work Who owns a customer's information in United States and Europe? Who should profit from it? How would that work Please cite in text reference and add weblinks
What significant role context plays in social interactions
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Text book image
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Text book image
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Text book image
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Text book image
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Text book image
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON