Which of the Following Statements Is True

question 274

Multiple Choice

Which of the following statements is true?

• A) Consumer demand for a specific brand at a profitable price helps build brand equity.
• B) Brand equity is likely to be higher if retailers are eager to stock the brand.
• C) The value of a brand to its current owner is called brand equity.
• D) It is usually difficult and expensive to build brand recognition.
• E) All of these statements are true.

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Definitions:

Communication Technology

Tools and platforms that facilitate the exchange of information and communication, including digital and electronic means.

Multilingual Audience

A group of people composed of individuals who speak multiple languages, requiring communication to be understandable to all.

Communication Skills

The ability to effectively convey or exchange information, feelings, and ideas to others through speech, writing, or other forms.

Workplace Diversity

The inclusion of a wide range of differences among employees in an organization, including race, gender, ethnicity, age, sexual orientation, and cultural background.