Stakeholders Are Important for Ensuring Consistency

question 28

Multiple Choice

Stakeholders are important for ensuring consistency. Who would fit into a normative stakeholder group?

• A) Customers
• B) Suppliers
• C) Media
• D) Regulatory agencies

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Definitions:

Category Extension

The practice of expanding a brand or product line into new categories or markets, leveraging existing brand equity to introduce new offerings.

Co-branding

A partnership between two or more brands to create a product or service that leverages the strength of each brand's identity.

Line Extension

A strategy where a company expands its existing product line into new variations or flavors to meet different customer needs or to capture a wider market.