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Because Sony has so many different product offerings in various types of electronics, management has found that it is helpful to use brands to keep track of products in each type. Thus, it has different brand names for its televisions, DVD players, and portable music players. Which company brand role does this example illustrate?
Restraint of Trade
Legal term that describes any type of activity, agreement, or contract that restricts or impedes competition in a market or trade.
Competition Act
Legislation designed to prevent anti-competitive practices, promote and maintain fair competition in the market.
Criminal Law
The body of law pertaining to crimes and punishment, regulating the conduct of individuals and imposing penalties for unlawful acts.
Loss Leader
A pricing strategy where a product is sold at a loss to attract customers, with the expectation that those customers will make additional purchases of more profitable items.
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