A Prefix of ____ Should Be Used When Naming Label

question 112

Multiple Choice

A prefix of ____ should be used when naming Label objects.

• A) lab
• B) lbe
• C) lbl
• D) lal

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Definitions:

Brand Name

The distinctive title that identifies a product or company, differentiating it from competitors in the marketplace.

Competitive Advantage

The favorable position a business gains over its competitors, typically through greater value to customers, lower costs, or both.

Competitive Scope

The breadth and focus of a company's competitive arena, which can range from targeting niche markets to competing across global markets.

Porter's Generic

Strategies outlined by Michael Porter that describe how a company can achieve competitive advantage through cost leadership, differentiation, or focus, to perform better in their market.