Private Branding Refers to a Branding Strategy in Which a Firm

question 62

Multiple Choice

Private branding refers to a branding strategy in which a firm

• A) gives each product a distinct name when each brand is intended for a different market segment.
• B) uses different brand names for the same product across multiple countries.
• C) uses one name for all its products in a product class.
• D) produces products but sells them under the brand name of a wholesaler or retailer.
• E) contractually, and for a fee, allows other firms to use its brand name, requiring that the product be made to its specifications.

---

Definitions:

Exemption

A provision that removes a legal obligation or liability, often seen in tax laws, allowing certain incomes or transactions to be free from tax.

Single-family Homes

These are stand-alone houses designed to be occupied by a single family, offering privacy and space.

Eminent Domain

The power of a government to take private property for public use, with compensation to the owner.

Private Property

Ownership of property (land, buildings, or personal items) by individuals or corporations, recognized and protected by law.