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Scenario 15.1
Use the following to answer the questions.
Liz Claiborne,Inc.markets several different brands,under their own Claiborne name label,as well as others.Their primary brands,such as Liz Claiborne,Liz & Co,and DKNY,are sold to wholesalers.These brands are then available through retail department stores such as Kohl's and Macy's.Their wholesale-based brands division is positioned as customer-focused and cost-efficient.Their premium brands division includes labels such as Kate Spade,Juicy Couture,and Mexx.These premium brands are sold through stores that the Claiborne company owns.
-Refer to Scenario 15.1.Which of the following is most likely the primary factor Liz Claiborne,Inc.used when selecting the marketing channel for its Juicy Couture brand?
Productive
The ability to generate a significant amount of output (goods or services) per unit of input (labor, capital, etc.).
Merchandise Balance of Trade
The difference in value between a country's merchandise exports and merchandise imports over a certain period.
Negative
In an economic context, this term often implies a deficit or a diminishing amount in financial accounts or outcomes.
Year
A period of time consisting of 365 days, or 366 in a leap year, used as a primary time unit in most calendar systems.
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