Management Homework Help

When asked about those people who say his Sriracha sauce is too spicy, David Tran jokingly suggests they “use

less” of the product. Sriracha’s use of a single marketing mix for all potential customers means that the company is using:

a.a common approach.

b.a concentrated approach

c.an undifferentiated approach.

d.a differentiated approach.

The trademarked rooster and package design for Huy Fong’s Sriracha sauce is part of the _______ ingredient of the marketing mix.

a.price

b.product

c.distribution

d.promotion

The pending lawsuit from the City of Irwindale is part of the _________ forces in the external environment.

a.legal and regulatory

b.sociocultural

c.political

d.competitive

Sarah and some friends were eating at a local taco restaurant last week. All of Sarah’s friends put Sriracha on their tacos and raved about how great it tasted. The next time Sarah went to the grocery store, she purchased a bottle of Sriracha. Sarah’s buying decision was influenced by:

a.personality influences.

b.situational influences.

c.social influences.

d.psychological influences.

Replay