If Subway Made an Agreement Allowing Another Company to Use

question 224

Multiple Choice

If Subway made an agreement allowing another company to use its brand name on a new supermarket ready-to-eat sandwich, this would be called

• A) co-branding.
• B) brand extension.
• C) brand licensing.
• D) trademark licensing.
• E) cooperative branding.

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Definitions:

Mandatory

Required by law or rules; obligatory, leaving no room for personal discretion or choice.

Massive Overstock

Describes a situation where a retailer or inventory-based business holds a significantly larger quantity of products than needed or demanded, leading to excess stock.

Safe Working Conditions

Standards and practices that ensure the physical and mental well-being of employees in their workplace.

Necessary Repairs

Essential maintenance or fixes required to restore an item, property, or infrastructure to a functional or safe state.