Is/are When People Buy from the Same Company Over and Over

question 12

Multiple Choice

is/are when people buy from the same company over and over because they believe that the company makes superior products.

• A)Buying plan evaluation
• B)Core competency
• C)Brand loyalty
• D)Synergistic criteria evaluation
• E)Analogy- based shopping

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Definitions:

Sherman Act

A landmark federal statute in the field of United States antitrust law passed by Congress in 1890 to prohibit monopolistic business practices.

Monopoly Power

Monopoly power refers to the ability of a single seller or company to control the market for a particular good or service, allowing it to set prices above competitive levels.

Unreasonably Restrain

To limit or control someone or something to an excessive or unjustifiable extent, typically in a legal or regulatory context.

Microsoft Antitrust Case

A legal case in which Microsoft was accused of holding a monopoly in PC operating systems, leading to significant legal and regulatory outcomes for the company.