The Benefits Provided by a Brand Name for a Buyer

question 307

True/False

The benefits provided by a brand name for a buyer include reduced search time, prestige, and quality assurance.

---

Definitions:

Trust

The confidence or belief in the integrity, reliability, and fairness of a person or system.

Six Degrees

The idea that all people are six, or fewer, social connections away from each other, also known as "six degrees of separation."

Secondary Network

A supplementary or backup network providing additional pathways for communication or data transfer in case the primary network fails.

Secondary Contacts

Individuals or entities that are not directly involved in an interaction or transaction but may indirectly influence or be affected by it.