Question

Classic Homes, Inc., builds new houses. It boasts that it builds homes the traditional way, and this includes designs that have remained unchanged for nearly 25 years. However, despite never having any quality issues, Classic Homes have seen their sales steadily fall in the last few years, which is not considered to be a result of economic trends. What should Classic Homes do in an effort to stop the decline and begin to grow sales again? Invest in an advertising campaign to reinforce its traditional approach message. Invest in market research to identify market and customer preferences. Invest in research and development to enable them to use the latest fashionable building methods.

          Classic Homes, Inc., builds new houses. It boasts that it builds homes the traditional way, and this includes designs that have remained unchanged for nearly 25 years. However, despite never
having any quality issues, Classic Homes have seen their sales steadily fall in the last few years, which is not considered to be a result of economic trends. What should Classic Homes do in an
effort to stop the decline and begin to grow sales again?
Invest in an advertising campaign to reinforce its traditional approach message.
Invest in market research to identify market and customer preferences.
Invest in research and development to enable them to use the latest fashionable building methods.

classic homes inc builds new houses it boasts that it builds homes the traditional way and this includes designs that have remained unchanged for nearly 25 years however despite never having 42306

Added by Brendan W.

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