Marketing Question:
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When Coca-Cola and Nestle formed a joint venture to market a ready-to-drink coffee and tea worldwide, the type of marketing system that was formed would best be described as being a(n):

Marketing Interview Question
Marketing Interview Question

Answer:

* a) Vertical marketing system
* b) Parallel marketing system
* c) Diversified marketing system
* d) Horizontal marketing system

Answer d

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The practice of going after a large share of a smaller market or subsets of a few markets is called:________________ is screening new-product ideas in order to spot good ideas and drop poor ones as soon as possible.