Which Statement Is Not True Regarding a Brand Extension Strategy

question 37

Multiple Choice

Which statement is not true regarding a brand extension strategy?

• A)It is best to have high brand equity before pursuing a brand extension strategy.
• B)A brand extension strategy allows new products to profit from recognition the brand already enjoys.
• C)Brand extensions must be implemented with an eye towards avoiding cannibalization.
• D)Firms must make sure that the extension lives up to the quality consumers expect from the brand.
• E)A brand extension strategy is the same thing as a product extension strategy.

Identify and implement strategies for effective written and verbal communication.

Recognize the importance and techniques of active listening in communication.

Appreciate the role of non-verbal communication in conveying messages.

Comprehend the significance of proper media selection in communication.

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Definitions:

Married Couple

Two individuals legally married to each other, who may file joint or separate tax returns in the eyes of the law.

Failure to File

Failure to File is the penalty incurred for not submitting a required tax return or document by the due date, which can result in fines and interest charges.

Tax Shown

The amount of tax displayed on a taxpayer's return or assessed as due by the IRS.

25%

A percentage often referred to in financial contexts, such as a tax bracket, rate of return on investment, or portion of an entity.