Principles of Marketing, Student Value Edition Plus MyLab Marketing with Pearson eText -- Access Card Package (17th Edition)
17th Edition
ISBN: 9780134642321
Author: Philip T. Kotler, Gary Armstrong
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 8, Problem 8.12AC
Summary Introduction
Case summary:
One of the marketing ethics is the geographical indictor, which denotes the basis of foodstuffs. Country E has a big story of gastronomical delicacies, which the union of Country E has been waiting eagerly to safeguard due to economic reasons. The Government of Country GB is producing Product S to safeguard $4 billion industry from the imitators. However, everything comes with a larger price tag for the customers.
Characters in given case:
Country E
Country GB
To discuss: Whether the geographical indications provide advantages to the consumers or to the sellers.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Scotch Whiskey, Champagne Sparkling Wine, Parmesan Cheese, Dijon Mustard—what do all of these have in common? They are not brand names but rather geographical indicators (GIs) of the origins of these foodstuffs. Europe has a long history of gastronomical delicacies that the European Union has been eager to protect for economic reasons. For example, not just any sparkling wine can be labeled champagne because only sparkling wine produced in the Champagne region of France can put that on the label. The British government is launching a registry of Scottish whiskey makers to protect its $4 billion industry from imitators who label their whiskey as Scotch. True Scotch must be aged in oak casks in Scotland for at least three years. Dijon mustard must be produced in Dijon, France, with chardonnay wine from the Burgundy wine region. Parmesan cheese was developed more than 2,000 years ago in Parma, Italy, which also boasts Parma ham (Prosciutto di Parma). True Swiss cheeses, such as Emmental,…
Each commodity has a specified shelf life; can similar products have differentshelf lives? Justify your answer. Also how shelf life is determined by the manufacturer? Why a country might have a policy which changes the effective shelf life of a product?
Scenario: You work for a Cranberry company/farm in Nova Scotia trying to enter the Cranberry market in Australia
Describe the type of consumer who buys the product (Cranberries) in Australia. How do they make the buying decision? How do they use the product?
Chapter 8 Solutions
Principles of Marketing, Student Value Edition Plus MyLab Marketing with Pearson eText -- Access Card Package (17th Edition)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.Similar questions
- Refined grains can be “enriched.” What does that mean? Why are enriched grains less nutritious than whole grains? Do you think most consumers are aware of the implications of buying “enriched” grain products? How are these items advertised?arrow_forwardHow does the price of the whole wheat pasta compare to the prices of similar products in the category?arrow_forwardA firm has developed a new roofing material that also produces electricity from sunlight. This material is very light and inexpensive. Besides roofing, it could also provide an inexpensive carport covering for open-air parking lots. The firm has hired you as a consultant for the successful national launch of this product. You are required to present a report to the senior management describing when and where this product should be launched. Identify different segments of the market for launching this product. Recommend which segments of the product should be targeted first for maximum returns to the firm and support your recommendation.arrow_forward
- Which elements of the General Environment are significant to the future of the German luxury car industry?arrow_forwardWhat factors will increases demand of a product? What factors will decrease demand of a product? What factors will increase supply? What factors will decrease supply? Need answer in short 1-3 sentences if possiblearrow_forwardImagine you run a small apparel shop in nual India and positive about sales of T-shirt this year (2021) due to good monsoon. You 'signed a contract' with manufacturer to buy 100 T-shirt of four different colors of equal numbers at Rs 200 cach and paid advance 5000 Rs for it. Manufacturer supplied all the T-shirt of same color. Discuss the remedy you have in your hand against the manufacturer.arrow_forward
- Marketers charge consumers for the cost of their goods plus a markup for profit and overhead. Consumers are therefore paying more than the actual cost of a good. How do you feel about this? Do you think that there are any moral implications to this?arrow_forwardThere are probably 20 or more brands of laundry detergent in the grocery store in the Philippines. Make a list of different ways in which producers try to differentiate one detergent brand from. Why can some brands have prices that are much higher than the price of others and still sell well?arrow_forwardwhat should the firm do if customers want to purchase a product that is not only bad for them (eg. tobacco, alcohol, or fast food) but is also bad for society (eg- higher health-care costs)?arrow_forward
- Identify the most relevant competing products and cereal brands of Special K. Then, please provide some justification for why Special K represents the mostrelevant competing products.arrow_forwardRivalry among competing sellers grows in intensity when A) rivals have similar strategies and buyer demand is growing rapidly. B) rivals' products/services are sold at widely varying prices and the number of rivals is fewer than 5. C) buyer demand is growing slowly and the industry is composed of several competitors that are fairly equal in size and competitive capability. D) the products/services of rivals are strongly differentiated and buyers have high switching costs. E) there are so many industry rivals that it is very hard to anticipate any one competitor's actions.arrow_forwardAsian consumers are mostly concerned about functional and monetary risk, rather than social risk when purchasing products. True Falsearrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios