Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Nestl Middle East hired a marketing research agency to conduct a focus group research involving 10 consumers from the target market. The objective of

 

Nestl Middle East hired a marketing research agency to conduct a focus group research involving 10 consumers from the target market. The objective of the research was to analyze consumer perceptions of a new packaging for their product. It was concluded that changing the color of the package from red to yellow will have a significant impact on consumer perceptions of the product offered Accordingly, the team went back to the General Manager and said: "Based on our research, we recommend to immediately change the packaging color from yellow to red." a) How do you evaluate the team's recommendation? (3 marks) b) If you were the General Manager, what would you decide to do? (3 marks) **** Best of Luck***

Step by Step Solution

3.45 Rating (155 Votes )

There are 3 Steps involved in it

Step: 1

QUESTION 4 a For evaluating recommendations that were made by the research team I would look into these matters with respect to the report provided or presented by the research team stating their fina... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Business Research Methods

Authors: Joe F. Hair, Michael Page, Niek Brunsveld

4th Edition

0367196182, 978-0367196189

More Books

Students also viewed these Accounting questions

Question

How is the Internet reshaping the nature of global marketing?

Answered: 1 week ago

Question

Calculate the percentage change in utilization for the two months.

Answered: 1 week ago