Which of the Following Is Considered to Be a Benefit

question 33

Multiple Choice

Which of the following is considered to be a benefit of having strong brand equity?

• A) Having preferred shelf space allocated.
• B) Increasing the perceived value of the product.
• C) Having more upward pricing flexibility.
• D) All of the above are benefits of brand equity.

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Definitions:

Relative Deprivation

Relative deprivation refers to the experience of feeling deprived of something to which one believes they are entitled, often in comparison to others.

Psychological Contract

An unwritten agreement that reflects the mutual beliefs, perceptions, and informal obligations between an employer and employee.

Job Satisfaction

The level of contentment employees feel towards their job, considering aspects such as work environment, tasks, and compensation.

Employee Grievances

Formal complaints or concerns raised by employees regarding workplace conditions, treatment by managers, or issues related to employment terms.