CASEVSTUDY 7

In its early days, Southwest Airlines embraced a quirky, personable brand image that contrasted with the corporate stodginess of bigger airlines. But when the company grew into one of the nation's largest domestic carriers, it had to make a choice: either "join the club" and become more traditionally corporate in its image or find a way to maintain the company's personable feel despite its significantly increased size. Southwest chose the latter, putting into motion a branding initiative that relied heavily on social media to distribute branded messaging and, more importantly, to connect directly with passengers. The move has preserved Southwest's personality and personable feel. As of 2016, the airline possesses the industry's best buzz score.

You may be familiar with the story of New Coke. To recap, in the mid-1980s, Coca-Cola reformulated its flagship soft drink in an attempt to better compete with Pepsi. The new drink, named New Coke, failed miserably. But Coca-Cola saved its business by rereleasing the original formulation of Coke under the name Coca-Cola Classic. That, in and of itself, is an excellent case study in business management. However, the more contemporary story is how Coca-Cola has changed its business plan so that no one drinknot even Cokecan heavily influence the company's success and failure. After years of diversification and acquisition, Coca-Cola currently offers more than 500 brands ranging from soft drinks to fruit juices to water. Additionally, it sells its products in over 200 nations. In its early days, Southwest Airlines embraced a quirky, personable brand image that contrasted with the corporate stodginess of bigger airlines. But when the company grew into one of the nation's largest domestic carriers, it had to make a choice: either "join the club" and become more traditionally corporate in its image or find a way to maintain the company's personable feel despite its significantly increased size. Southwest chose the latter, putting into motion a branding initiative that relied heavily on social media to distribute branded messaging and, more importantly, to connect directly with passengers. The move has preserved Southwest's personality and personable feel. As of 2016, the airline possesses the industry's best buzz score.

You may be familiar with the story of New Coke. To recap, in the mid-1980s, Coca-Cola reformulated its flagship soft drink in an attempt to better compete with Pepsi. The new drink, named New Coke, failed miserably. But Coca-Cola saved its business by rereleasing the original formulation of Coke under the name Coca-Cola Classic. That, in and of itself, is an excellent case study in business management. However, the more contemporary story is how Coca-Cola has changed its business plan so that no one drinknot even Cokecan heavily influence the company's success and failure. After years of diversification and acquisition, Coca-Cola currently offers more than 500 brands ranging from soft drinks to fruit juices to water. Additionally, it sells its products in over 200 nations.

1. An intensification in amount _____ the charge and _____ the measure necessitated.

2. A manufacturer prospect ought to be_________ accepted if it has _____ net contemporary value

3.In a monopolistic competition,____________ a business obtains its maximum-profit position where_________

4. The important perception of Economics___________ about possessions is that the possessions are___________

5. Consider a world without scarcity of resources__________. Then what would be the consequences____________?

6.Who is well-thought-out the _________originator of Microeconomics____________

7. Who is considered the founder of modern Macroeconomics?

8. When investigating the impact of a adjustable__________ on the commercial classification, the other things___________

9. Inputs are collective with knowledge to produce productivities__________. The important inputs (also called factors of construction) are________--

10. Goods fashioned_________ to produce yet supplementary personal property is called____________