Which Statement Regarding Ben & Jerry's Is Most Accurate

question 339

Multiple Choice

Which statement regarding Ben & Jerry's is most accurate?

• A) Ben & Jerry's is owned by Unilever, the market leader in the global ice cream industry.
• B) Ben & Jerry's is a privately owned ice cream producer.
• C) Ben & Jerry's prides itself on offering more ice cream flavors than its competitors.
• D) Ben and Jerry are not real people; the names were a clever reference to Tom and Jerry cartoon characters in order to capitalize on childhood nostalgia.
• E) Ben & Jerry's has only been in business for 20 years and is already the industry leader in premium ice cream.

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Definitions:

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions and managing overall operations.

Strategy Planning

The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy, including setting goals and determining actions.

Organization

An entity comprising multiple people, such as an institution or an association, that has a collective goal and is linked to an external environment.

Functional Level

Pertains to the specific, operational areas within an organization, including departments like marketing, finance, HR, and operations, focusing on specialized tasks and strategies.