Questions from General Marketing


Q: What are some of the benefits and risks of Caterpillar’s line extensions

What are some of the benefits and risks of Caterpillar’s line extensions?

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Q: Why is it so important for Caterpillar to develop new products on

Why is it so important for Caterpillar to develop new products on a regular basis?

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Q: Why can the process of commercialization take a considerable amount of time

Why can the process of commercialization take a considerable amount of time?

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Q: What is product differentiation, and how can it be achieved?

What is product differentiation, and how can it be achieved?

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Q: Explain how the term quality has been used to differentiate products in

Explain how the term quality has been used to differentiate products in the automobile industry in recent years. What are some makes and models of automobiles that come to mind when you hear the terms...

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Q: What is product positioning? Under what conditions would head-to

What is product positioning? Under what conditions would head-to-head product positioning be appropriate? When should head-to-head positioning be avoided?

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Q: What types of problems does a weak product cause in a product

What types of problems does a weak product cause in a product mix? Describe the most effective approach for avoiding such problems.

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Q: What role does word of mouth play in Pepe’s integrated marketing communications

What role does word of mouth play in Pepe’s integrated marketing communications?

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Q: What type of organization might use a venture team to develop new

What type of organization might use a venture team to develop new products? What are the advantages and disadvantages of such a team?

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Q: What is a line extension, and how does it differ from

What is a line extension, and how does it differ from a product modification?

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