Despite the growing popularity of cellular phones during the middle and late 1990s, Iridium undertook a $180
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Despite the growing popularity of cellular phones during the middle and late 1990s, Iridium undertook a $180 million promotional campaign to launch its product. It ran advertisements in The Wall Street Journal, Fortune magazine, and 37 airline magazines. It also launched a major direct-mail campaign in 20 markets and in 20 languages. Discuss any behavioral issues associated with Iridium’s promotional expenditures.
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Behavioral Corporate Finance Concepts And Cases For Teaching Behavioral Finance
ISBN: 9781259277207
2nd Edition
Authors: Hersh Shefrin
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