What Is the Significance of a Branded Service

question 103

Multiple Choice

What is the significance of a branded service?

• A)It is a recommendation for a specific brand,given by one customer to another.
• B)It is a service that can develop selective demand for a specific brand.
• C)It is a valued service of a brand not directly related to the core product offering.
• D)It is any high-cost service offered by a brand only to its premium customers.
• E)It is a service offered by a brand primarily to reinforce previous promotion.

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Definitions:

Delivers

The act of transferring possession of an item or completing a service as per an agreement or contract.

Tenants in Common

A form of co-ownership where each party owns a separate and undivided interest in the property, and upon death, their share passes to their heirs or estate, not the other co-owners.

Equal Shares

The division of assets, resources, or obligations equally among all involved parties.

Ownership

The legal right or title to an asset or property, giving the owner control over its use, disposition, and the benefits that come from it.