A Clothing Line Company Has a Number of Outlets Which

question 1

Multiple Choice

A clothing line company has a number of outlets which are owned and managed by private individuals.These outlets are allowed to use the brand name and products of the clothing line after paying a fee to the clothing line company.They also pay a part of their revenue to the clothing line.This is an example of:

• A)franchising.
• B)comparative scaling.
• C)differentiation.
• D)positioning.
• E)brand essence.

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Definitions:

Mode

Mode refers to the most frequently occurring value in a set of data.

Regression Toward the Mean

A statistical phenomenon wherein extreme scores on one occasion tend to be closer to the average on subsequent testing.

Illusory Correlation

A cognitive bias where people falsely perceive an association between two unrelated events or variables.

Random Assignment

A procedure in experimental designs that ensures each participant has an equal chance of being placed into any group, reducing biases.