Apple's Ipod Shuffle Is an Example of ________

question 116

Multiple Choice

Apple's ipod shuffle is an example of ________.

• A) a sub-brand
• B) a parent brand
• C) family brand
• D) a brand mix
• E) an umbrella brand

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Definitions:

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes.

Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.

TR

Refers to Total Revenue, which is the total income a company earns from the sale of its goods and services.

Positive Profit

Positive Profit occurs when the total revenue of a business exceeds its total costs.