Which the Following Type of Brands Would a Retailer Normally

question 33

Multiple Choice

Which the following type of brands would a retailer normally expect to get the lowest gross margin percentage?

• A)exclusive brands
• B)unique brands
• C)national brands
• D)generic brands
• E)private-label brands

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Definitions:

Growth Needs

The need for personal development, accomplishment, and self-actualization.

Hierarchical Need Theory

A psychological theory proposing that individuals have an order of needs that range from basic physical requirements to complex psychological needs, which must be fulfilled sequentially.

Self-Determination Theory

A theory of motivation that emphasizes the role of intrinsic motivation in driving human behavior and the importance of psychological needs for autonomy, competence, and relatedness.

High Achievement Needs

A personal drive in individuals who seek to achieve excellence, master complex tasks, and set and accomplish challenging goals.