The Michelin Man Is an Illustration That Appears in Many

question 13

Multiple Choice

The Michelin Man is an illustration that appears in many advertisements for Michelin tires.The Michelin Man,who is made of tires,represents the brand.The Michelin Man is an example of a ________.

• A)logo
• B)brand personality
• C)brand icon
• D)brand image
• E)thumbnail

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Definitions:

Privatizing

The act of moving control and ownership from the government to private entities, including businesses, enterprises, agencies, or public services.

Monopolizing

The act or process by which a single seller gains exclusive control over a market, limiting competition and often leading to higher prices for consumers.

Price Discrimination

The strategy of selling the same product at different prices to different groups of consumers, based on their willingness to pay.

Privatization

The process of transferring ownership of a business, enterprise, agency, or public service from the government to private individuals or organizations.