Which of the Following Is a Benefit of Branding to Consumers

question 77

Multiple Choice

Which of the following is a benefit of branding to consumers?

• A)Communicates features and benefits
• B)Reduces the risk in purchasing
• C)Simplifies the purchase decision
• D)All of the above are benefits of branding to consumers

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Definitions:

Interest-bearing Asset

A type of investment that earns interest over time, such as savings accounts, certificates of deposit, and bonds.

Default Risk

The risk that a borrower will not make the required payments on a debt.

Trade Credit

An arrangement where a buyer can purchase goods on account without paying cash upfront, with payment to the seller due at a later date.

Inventory Obsolescence

Refers to the reduction in the value of inventory items due to them becoming outdated, no longer useful, or unsalable.