One Key Feature of the Value of a Brand Is

question 47

Multiple Choice

One key feature of the value of a brand is that:

• A) it often protects the firm from competition and price competition.
• B) it no longer needs to be supported by advertising and promotion.
• C) if it becomes a generic name,the brand is worth even more.
• D) it cannot be successfully imitated by a retailer's own brand.
• E) competitors will frequently abandon a sector altogether rather than compete.

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Definitions:

Redundancy

The situation where an employee's position is no longer needed, leading to their dismissal, often due to organizational restructuring.

Redundancies

The occurrence of unnecessary duplications, often in the context of information, data, or employment positions.

Readability

The ease with which text can be read and understood, influenced by factors such as font size, sentence length, and complexity.

Editing Clarity

The process of revising written material to improve readability and effectiveness, ensuring the message is clear and understandable.