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analyzing the reading 1. what major factor contributed to the demand fo…

Question

analyzing the reading

  1. what major factor contributed to the demand for furby, according to the author?
  2. what happened to shipments of furbys as soon as they arrived at stores?
  3. how was the success of the furby “a self - fulfilling prophecy” (when the act of believing something will happen actually causes it to happen)?
  4. what other factors might result in an increased demand for a certain product? give examples.
  5. do you think every holiday season will feature a toy or other item in high demand by consumers? explain your answer

Explanation:

Brief Explanations
  1. To answer this, one would need to refer to the specific reading material to identify the major factor for Furby demand as stated by the author.
  2. Again, the reading text should be consulted to determine what happened to Furby shipments at stores.
  3. Understanding the concept of a self - fulfilling prophecy, one should analyze how Furby's success fit this idea based on details from the reading.
  4. Knowledge of marketing and consumer behavior concepts can be used to list factors like advertising, celebrity endorsements etc. that can increase product demand.
  5. This requires an opinion based on an analysis of consumer trends and past holiday - season demands.

Answer:

  1. Answer depends on the reading.
  2. Answer depends on the reading.
  3. Answer depends on the reading and understanding of self - fulfilling prophecy.
  4. Factors like advertising (e.g., a new toy advertised during prime - time shows), celebrity endorsements (e.g., a sports star promoting a sports drink), and limited availability (e.g., limited - edition sneakers).
  5. It is possible but not guaranteed. Consumer trends are variable. For example, some years may have no standout high - demand toy due to economic factors or lack of innovative products.