If Established Organizations Enjoy Significant Brand Loyalty, a New Entrant

question 35

Multiple Choice

If established organizations enjoy significant brand loyalty, a new entrant will

• A)find it neither difficult nor costly to obtain a share of the market.
• B)easily establish itself as another company enjoying brand loyalty.
• C)bear huge costs to build customer awareness of its products.
• D)deter potential competitors from entering the task environment.

Comprehend the various dimensions and strategies of multinational corporations.

Recognize the trends and consequences of financialization in global markets.

Grasp the origins, purposes, and effectiveness of corporate codes of conduct.

Define international trade and understand its components.

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Definitions:

Least Fortunate

Individuals or groups who are the most disadvantaged or in the poorest conditions within a society.

Denial of Injury

A justification technique where individuals argue their actions did not cause harm or damage, often used in the context of deviant behavior.

Rationalized

The process of organizing something according to rational or logical principles.

Universal Rules

Guidelines or principles that are intended to apply universally, without cultural, geographical, or situational exceptions.