Branding Helps Firms Build and Maintain Identity and Competitive Advantage

question 145

True/False

Branding helps firms build and maintain identity and competitive advantage for their products.

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Definitions:

Repudiating It

The process of formally rejecting or disavowing a previously held position or agreement.

Offer Can Be Revoked

The proposition that an offer can be withdrawn by the offeror before it is accepted by the offeree, making it legally void.

Performance of an Act

The execution or accomplishment of an action, task, or function, often specified in a legal context or contractual obligation.

Made Known

To reveal or disclose information or knowledge that was previously unknown or hidden.