Which of the Following Is a Benefit of a Brand

question 198

Multiple Choice

Which of the following is a benefit of a brand name for a seller?

• A) quality assurance
• B) reduction in search time
• C) increased repeat purchases
• D) additional prestige

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Definitions:

Component of the Business

A segment or section of a company that can be identified operationally and for financial reporting, often seen as a distinct part of the business that could be separated or sold.

Extraordinary Item

A term previously used in accounting for events and transactions that were both unusual in nature and infrequent, which is no longer preferred under most financial reporting frameworks.

Component Disposal

The act of selling or otherwise disposing of a distinct part of a company's assets, often as a part of operational restructuring.