The Following Statements About Private Labels Are True, Except

question 92

Multiple Choice

The following statements about private labels are true, except:

• A)quality levels of many private label products have improved.
• B)prices for private labels are going up in many markets.
• C)consumers still perceive private labels as being inferior to manufacturer's brands.
• D)some firms have begun advertising private labels.

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Definitions:

Self-evaluation

The process of introspectively assessing one's own abilities, performance, or qualities to facilitate personal development or improvement.

Person

An individual human being.

Thinks

The process of considering or reasoning about something; the cognitive activity associated with using the mind to form ideas and make decisions.

Feels

Informal term for feelings or emotions, especially those that are intense or difficult to articulate.