Which of the Following Is a Likely Explanation for the Way

question 157

Multiple Choice

Which of the following is a likely explanation for the way in which sneaker manufacturers attempt to differentiate their products?

• A)They want buyers to be less aware of brand names.
• B)They want to become more price competitive.
• C)They want other manufacturers to lower their prices.
• D)They want consumers to feel that there are few substitutes on the market.

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Definitions:

Tohoku Earthquake

A magnitude 9.0 earthquake that struck off the coast of Japan on March 11, 2011, triggering massive tsunamis and leading to significant loss of life and the Fukushima Daiichi nuclear disaster.

Supply Chains

Networks of individuals, organizations, resources, activities, and technology involved in the production and sale of a product, from the delivery of source materials from the supplier to the manufacturer, and eventually to the end user.

Manufacturers

Companies or individuals that produce finished goods from raw materials through the use of various tools, equipment, and processes.

Disaster Risk

The potential loss or damage that can occur due to natural or man-made disasters.