A、True or False (2’x10=20)1
The marginal effect of advertising on sales is always same throughout different stages of new product diffusion
Frequent price promotion hurts brand equity
Cooperation between channel members leads to higher profit for both retailer and manufacturer, given there are only two channel members
New product development involves very high cost and risks of failure
Therefore, companies should not develop new product
Maximizing consumer's time spent in stores is one of the retailer’s objectives
Brand equity is more important for goods than services
Advertising is a more efficient way to increase consumer’s new product awareness level than personal communication
Exclusive distributor only manages one brand in the channel
Bundled pro