menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Marketing Study Set 2
  4. Exam
    Exam 4: Focusing Marketing Strategy With Segmentation and Positioning
  5. Question
    When a Company Becomes Aware That a New Product Is
Solved

When a Company Becomes Aware That a New Product Is

Question 211

Question 211

Multiple Choice

When a company becomes aware that a new product is being test marketed by one of its competitors in St.Louis,it decides to create a similar product and rush it to market.This company can be described as a(n)


A) copycat.
B) innovator.
C) me-too imitator.
D) first mover.
E) early adopter.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: One of the difficult things about segmenting

Q84: A marketer will likely need to reposition

Q187: Manufacturer, service provider, government agency, wholesaler, etc.

Q197: "Good" market segments should be heterogeneous within

Q198: Positioning issues are especially important when competitors

Q207: Behavioral (rather than demographic)segmenting dimensions include<br>A)type of

Q208: Which if the following describes a product-market

Q213: For a product-market,which of the following refers

Q215: A marketing manager has just learned about

Q216: Which of the following is a consumer

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines