The Major Characteristic of a Private Brand Is That

question 29

Multiple Choice

The major characteristic of a private brand is that .

• A) only manufacturers initiate and own the brand
• B) manufacturers are not identified on the product
• C) they generate lower gross margins
• D) these brands are exclusive and never distributed nationally
• E) retailers purchase these products of a specified quality at the highest cost

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Definitions:

Canadian Divorce

The legal process in Canada that terminates a marriage under the federal Divorce Act, which includes provisions for the division of property, spousal support, and child custody.

Ever-Increasing Cost

Refers to the continual rise in prices or expenses, often linked with living costs, healthcare, education, etc.

Negative Impact

An adverse effect or harm that occurs as a result of an action, event, or decision.

Gender Gap

The disparities between men and women in various aspects of society, including but not limited to, income, career advancement opportunities, and political representation.