Which of the Following Is a Benefit Provided to a Company

question 61

Multiple Choice

Which of the following is a benefit provided to a company by strong brands?

• A) They tend to trigger price wars.
• B) They eliminate the chance of failure for new products completely.
• C) They garner consumer loyalty.
• D) They encourage customers to choose products from different companies.
• E) They ensure uniform pricing versus competitors.

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Definitions:

Competing Store

A business that sells similar or identical goods or services and targets a similar customer base as another business.

Ongoing Business

An ongoing business refers to a company that is actively engaged in continuous operations without interruption to its commercial activities.

Right To Disaffirm

The legal ability to void or cancel a contract or agreement, especially in cases involving minors or where fraud is detected.

Protect Minors

Measures or laws designed to safeguard children and teenagers from harm and exploitation.