According to Recent Market Research,Google Is One of the Most

question 26

Multiple Choice

According to recent market research,Google is one of the most valuable brands in the world.According to this research,the company and its well-known name are worth about $86 billion.This research indicates that Google has high _____.

• A) brand loyalty hierarchy
• B) evoked set
• C) brand quality standards
• D) perceptual expectations
• E) brand equity

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Definitions:

Principal

The main party to a transaction, such as a buyer or seller in a contract, or an individual who empowers another (agent) to act on their behalf.

Contract Authority

A power granted to an individual or entity to enter into legally binding agreements on behalf of another person or entity.

Principal Duties

are the main responsibilities or tasks that an individual or entity is expected to perform as part of a job role or contractual agreement.

Agent Duties

Responsibilities of an agent to act in the best interest of the principal, including duties of loyalty, care, and to disclose material information.