You work for a consumer goods business and have just unveiled a new product, Despite the fact that all of the employees are excited about its potential, the product is receiving negative feedback from consumers after just a few months on the market. “We’ve had this product three months and it’s not moving, so we’re going to yank it from the shops!” said a big wholesaler serving over 500 supermarkets, according to one of your salespeople. (all answers must have a minimum of 50 words.)   What possible factors may be contributing to this situation?   How do you respond to this situation?   What do you tell your salespeople?   Prepare a list of things you will discuss in a meeting with your salespeople to deal with the issue.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
icon
Concept explainers
Question
100%

You work for a consumer goods business and have just unveiled a new product, Despite the fact that all of the employees are excited about its potential, the product is receiving negative feedback from consumers after just a few months on the market. “We’ve had this product three months and it’s not moving, so we’re going to yank it from the shops!” said a big wholesaler serving over 500 supermarkets, according to one of your salespeople. (all answers must have a minimum of 50 words.)

 

What possible factors may be contributing to this situation?

 

How do you respond to this situation?

 

What do you tell your salespeople?

 

Prepare a list of things you will discuss in a meeting with your salespeople to deal with the issue.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Introduction to Business messages
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON