Which of the Following Needs to Be a Branding and Packaging

question 23

Multiple Choice

Which of the following needs to be a branding and packaging consideration for companies considering global marketing?

• A)using one brand name with no adaptation to local markets
• B)pronunciation problems with executives' names
• C)different currencies in each country, exchange rates, and final retail prices
• D)deciding whether to use different brand names in different markets for the same products

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Definitions:

Organic

Referring to food or farming methods that do not use artificial chemicals, GMOs, antibiotics, or hormones.

Monopoly

A market structure characterized by a single seller selling a unique product in the market.

Long Run Equilibrium

A state in which all firms in a market are earning normal profit and all inputs can be adjusted, leading to market stability.

Short-run Profit

The excess of revenues over costs within a brief period, not accounting for adjustments in all resource inputs or long-term sustainability.