Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The History Behind Maxwell Houses Good to the Last Drop Most likely over the last several decades, you have heard Maxwell Houses famous slogan for

The History Behind Maxwell House’s “Good to the Last Drop” Most likely over the last several decades, you have heard Maxwell House‘s famous slogan for their coffee, “Good to the Last Drop.” The slogan has actually been around since 1917, but it wasn’t until the 1930s that Maxwell House started to explain where the slogan came from, possibly due to the fact that Coca-Cola was using the same slogan at this time. According to Maxwell House lore, President Theodore Roosevelt was visiting Andrew Jackson at Jackson’s estate, The Hermitage, on October 21, 1907. During this visit, he was served Maxwell House coffee, and he reportedly said that it was “good to the last drop.” Owners Leon T. Cheek and John Neal heard President Roosevelt’s bold statement, and they adopted it as their corporate slogan. It’s a nice story, but it’s one that has never been historically proven. Local press in Tennessee did cover Roosevelt’s visit, and one paper did cover the story regarding Roosevelt’s response to the Maxwell House coffee. However, according to that source, Roosevelt said, “This is the kind of stuff I like to drink, by George, when I hunt bears.” Maxwell House has since then said that the slogan was originally written by Clifford Spiller, a former president of General Foods. Yet, in 2009, the coffee company reverted back to its original claims that the slogan came from Roosevelt. They even ran a commercial depicting President Roosevelt retelling that famous story. Whether it’s true or not, it’s a fun piece of legend for Maxwell House, and it certainly explains why they haven’t departed from their slogan in nearly 100 years.

Explain the meaning of this slogan, "Good to the Last Drop," using the concepts of the utility theory.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The slogan Good to the Last Drop can be understood using concepts from utility theory which is a fra... 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

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these Economics questions