Multiple Choice
Nestle
When consumers think of Nestle, they probably think of chocolate. Historically, though, Nestle's confectionary business is its weakest area. Based in Switzerland, it is the world's largest food company, with a brand arsenal of Nescafe, Jenny Craig, Perrier, Purina, and PowerBar, just to name a few of its 30 product lines. Nestle is hoping to become the "world's leading health, nutrition, and wellness firm" by spending billions of dollars on research and development of functional foods--foods that have pharmaceutical-like capabilities to enhance energy and heart, bone, gut, and other health. Nestle wants consumers to see chocolate as a pharmaceutical product rather than just a treat. Part of this new focus includes streamlining their product mix by selling underperforming items or lines that do not fit its new direction. Critics claim this new focus could hurt the company's existing brands if the new products fail. Additionally, it may be an uphill battle convincing consumers that a company known for indulgence is now a wellness company.
-Refer to Nestle. Some of Nestle's products include bottled water,candy,and coffee,which would be classified as what type of consumer products?
A) heterogeneous shopping products
B) homogeneous shopping products
C) convenience products
D) specialty products
E) unsought products
Correct Answer:

Verified
Correct Answer:
Verified
Q63: Which of the following is the best
Q67: Alberto Culver Company<br>The Alberto Culver Company manufactures
Q69: When Proctor & Gamble removed potentially dangerous
Q73: Amy stopped by the grocery store to
Q78: James Hardie began selling fiber cement siding
Q100: Rock-Tenn produces cardboard cartons to be used
Q143: Compared to the other classifications of consumer
Q153: Discuss the benefits for organizations by organizing
Q156: Shane had every reason to believe the
Q183: A(n)_ refers to brands where at least