Multiple Choice
Black and Decker is well known for power tools. However, if the company thinks of itself merely as a power tool company instead of a company that delivers the benefits users want, such as cut materials or holes in materials, it could be taking a short-sighted focus of its business. If a technologically advanced device is developed that could replace the need for power tools to deliver those benefits, this company could go out of business. What would Black and Decker be said to suffer from if this occurs?
A) brain drain
B) cognitive dissonance
C) marketing disconnect
D) marketing myopia
Correct Answer:

Verified
Correct Answer:
Verified
Q30: SUPERFOCUS SCENARIO<br>Superfocus is a revolutionary concept in
Q32: The Canadian National Bank is analyzing its
Q33: Which of the following is NOT an
Q34: What market segment will a company serve
Q36: Which of the following improves when a
Q37: What risk is faced by a company
Q38: Which concept is premised on the realization
Q39: Atmospherics, time and timing, and conditions are
Q102: Cognition refers to the thinking or mental
Q111: Target marketing is the separation of a