1 The challenge to Coca-Cola's market leadership had nothing to do with product, with consumer perceptions of the product or with actual market trends.
2 To focus on their product, not on their competitors' products; to look For opportunities to grow their product; to analyse and respond to changing patterns of consumer behaviour; to consider ways of offering better value; to plan a promotional campaign that conveys all these things.
Fly Me, I'm Cheap
1 The budget flights were proving very popular with customers and British Airways was losing market share.
2 The small airlines will need to find new competitive advantages (e.g. in-flight service, on-ground service, loyalty rewards, timetabling, family/friend promotions) or face being forced out of business by the market leader.
Skills: Negotiating
A
1 e) (Would it be a good idea if we discussed price first?)
2 d) (I'm sorry, it's not our policy to give credit.)
3 c) (Would you consider giving me a discount?)
4 b) (I'm afraid that's the lowest price I can offer.)
5 f) (Is there any possibility you could alter the specifications?)
In the past, quality meant excellence. Nowadays, business people believe that quality means consistency.
B
Factual mistakes
in 1980
sold their cars too cheaply
old-style idea of quality
became popular
products which are cheap and excellent value for money
the best in the world
Corrections
In 1970
sold their cars too expensively
old-style idea of quality became unpopular
products which are cheap and consistent
a long way from quality in its
original sense
C – D
C 1 They thought detailed questions about numbers were irrelevant because they had the finest products in the world.
2 It failed to take account of what the public wanted.
3 Japanese cars were cheap and reliable.
D 1 consistency
2 reliability
3 value for money
E – G
E 1 b) 2 c) 3 a)
F 1 consistency 2 went bust
3 supply-driven management 4 turned it down
5 cheap trash
G 1 b) 2 a)
Language review: Prepositions of time
A 16.1
In: the afternoon, the morning, 1962, July
At: 30'clock, Christmas
On: Wednesday, Wednesday afternoon, 29th July 1962, Christmas Day