Wholly Guacamole Built Its Brand Name and Sales by Leveraging

question 47

True/False

Wholly Guacamole built its brand name and sales by leveraging social media and building an effective direct response marketing program.

---

Definitions:

Close Corporation

A corporation with few shareholders generally having a close personal relationship to each other and participating in the management of the business.

Surplus Revenues

Funds that exceed the expected or required amounts, often discussed in the context of governmental or organizational budgets.

Not-for-Profit Corporations

Organizations that operate for purposes other than making a profit, often focused on charitable, educational, or social missions.

Flagship Store

The leading retail store of a brand, often containing the widest range of products and depicting the brand's identity.