Ask Question
BusinessBusiness
23 June, 21:50

In 2000, McDonald's introduced its McSalad Shaker, which failed to catch on with the public and was subsequently dropped from the menu. This failure illustrates the idea of: downsloping demand. specialization. technological change. consumer sovereignty.

+2
Answers (1)
  1. 24 June, 00:21
    0
    consumer sovereignty

    Explanation:

    Based on the information provided within the question it can be said that this scenario best illustrates the idea of consumer sovereignty. This is a concept that describes the how the wants and needs of the consumer population is able to control what products a company produces, because the company needs to produce products that the consumer population will buy. Which is why the McSalad Shaker was dropped from the menu in this scenario.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In 2000, McDonald's introduced its McSalad Shaker, which failed to catch on with the public and was subsequently dropped from the menu. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In the Month of March, Baldwin received orders of 101 units at a price of $15.00 for their product Bill. Baldwin uses the accrual method of accounting and offers 30 day credit terms. Baldwin delivers 101 units in April.
Answers (1)
An unincorporated business owned by a single person, which may or may not have employees, is an example of a (n)
Answers (1)
Which one of the five generic competitive strategies discussed in Chapter 1 most closely approximates the competitive approach Apple Inc. is employing?
Answers (1)
Two examples of work-related tasks that you do not particularly enjoy doing?
Answers (2)
Match the following characteristic with the relevant project team organizational structures. A project manager leads personnel from different functional areas. Select one: a. Functional project b. Matrix project c. Pure project
Answers (1)
New Questions in Business
The advantage of being self-employed (rather than being an employee) is: A. The overall limitation (50%) on meals does not apply. B. Job-related expenses are deductions for AGI. C. The self-employment tax is lower than the Social Security tax. D.
Answers (1)
Which of the following is an objective of the nbo process? to create value from intellectual capital and to share knowledge to predict the number of customers who will accept an offer to select a choice among a set of available options to connect
Answers (1)
An investor estimates that next year's sales for Dursley's Hotels Inc. should amount to about $100 million. The company has 5 million shares outstanding, generates a net profit margin of about 10 %, and has a payout ratio of 50 %.
Answers (1)
Aside from an associates degree, What else can you earn a two year college?
Answers (1)
Mark can produce 20 baseballs in a month and katie can produce 25 baseballs in a month. also, mark can produce 10 bats in a month and katie can produce 15 bats in a month. what is katie's opportunity cost of producing 30 bats?
Answers (1)
Home » Business » In 2000, McDonald's introduced its McSalad Shaker, which failed to catch on with the public and was subsequently dropped from the menu. This failure illustrates the idea of: downsloping demand. specialization. technological change.
Sign Up Forgot Password?