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University of California,
Riverside
SAMPLE FINAL EXAM Exam #:
_____________ PLEASE DO NOT PUT YOUR NAME ON
THIS EXAM, but indicate your
exam number on the sheet which will be circulating. Part I: Short Answers (Please answer ANY 6 of the following 8 questions. If you answer more than six, only the first six questions will count toward your grade. If you start on an answer and decide to abandon it, please make sure that your answer is crossed out.
Part II: Case. Part II. “Issue spotter” case Please apply course concepts to one of the two cases below. You must (1) identify which course issues are relevant and important to the firm and then (2) apply those concepts to the specific situation of the firm. Grading will be based on:
PLEASE BE SURE
THAT YOU RELATE YOUR ANSWERS TO THE SPECIFICS OF THE FIRM—GENERAL ANSWERS ARE NOT OF
INTEREST! There will be no
credit for:
A. Guilliano Fine Men’s Wear manufactures
clothing in Italy. Although Guilliano’s
sells at modest prices, research has shown that most U.S. consumers, when
examining the clothing, consider it to be stylish and of high quality. In Japan, where Gulliano’s suits sell for
nearly three times as much as they do in the U.S., the suits are considered to
be stylish, but not quite as high in quality, in part because they are not optimized
for the slightly different body shapes of Japanese consumers. Being a relatively small business with
annual World wide sales of only twelve million dollars, Guilliano’s does not
have the same brand recognition as many larger manufacturers.
B. McDonald’s is
fearing that it is heading toward limited growth in Europe. Although many Europeans are intrigued by
American food, McDonald’s hamburgers and fries are yesterday’s news, and the
chain has begun aggressive price competition in most European markets. Recognizing a steady demand for fast, convenient
food in Europe, McDonald’s is quite willing to devote a substantial amount of
money to advertising and promotion if this would appear to be a good
investment. In recent years, McDonald’s has been able to develop burgers and
fries that tend to contain less fat than those of most local fast food joints,
although few consumers know this.
Confidential research has shown that
many Europeans are getting tired of conventional hamburgers and would be
interested in such foods as Tex-Mex and the spicy kind of fried chicken popular
in the American south. Also, European
consumers’ higher environmental consciousness has made the chain’s relatively
wasteful packaging somewhat unappealing. Research has also found that preferences
for condiments differ greatly between European countries. |
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