Multibranding Is

question 162

Multiple Choice

Multibranding is:

• A)a branding strategy that uses different brand names for the same product across multiple countries.
• B)a branding strategy in which a company uses one name for multiple products.
• C)a branding strategy that involves giving each product a distinct name.
• D)a branding strategy in which manufacturers produce products but sell them under the brand name of a wholesaler or retailer.

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Definitions:

Attorney

a professional licensed to practice law, offering advice, and representing clients in legal matters and court proceedings.

Bailment

A situation in which the personal property of one person (a bailor) is entrusted to another (a bailee), who is obligated to return the bailed property to the bailor or dispose of it as directed.

Bailee

The individual or party who temporarily receives possession, but not ownership, of personal property from another under a bailment agreement.

Dispose

To get rid of something, especially by throwing it away, selling it, or transferring it to someone else.