Add. -- 185 + 738

question 322

Multiple Choice

Add.
-- 185 + 738

• A) 453
• B) -923
• C) 553
• D) -553

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Definitions:

Brand Extension

A strategy where a company uses an existing brand name to launch a product in a different category, leveraging the brand's equity to enter new markets.

New Market Segment

Identifying and targeting a previously unrecognized or newly created portion of the market characterized by distinct needs, preferences, or demographic profiles.

Product Class

A category of products that serve a similar function or are targeted towards a similar consumer base, often competing within the same market.

Brand Dilution

The weakening of a brand's power or credibility, often caused by overextension of the brand name or excessively broad product offerings.