A shortage of blood for transfusions for injured animals has…

A shortage of blood for transfusions for injured animals has resulted in the introduction of a synthesized product called Oxyglobin, which can be used effectively as a blood replacement. The manufacturer of the product has put a high price on the product in order to capture consumer surplus and to recoup its research and development costs. The manufacturer of Oxyglobin is using a _____ pricing strategy.

When Kraft launched a water enhancer, the company initially…

When Kraft launched a water enhancer, the company initially considered launching it as an extension of its brand Crystal Light, primarily sold to soccer moms. Instead, Kraft launched the product as Mio and successfully marketed it to Millennials, who embrace individuality and customization. In deciding whom they should exchange with, Kraft was:

Marketers’ interest in viral advertising has increased signi…

Marketers’ interest in viral advertising has increased significantly in recent years because of social media. Professor Thales Teixeira of Harvard Business School, and others have found that emotionality explains why people are willing to view certain ads over other ads. But, when it comes to sharing, emotionality explains just part of the story. Professor Teixeira found that most ads are shared by people who are: