Which of the Following Is Necessary for a Brand to Be

question 1

Multiple Choice

Which of the following is necessary for a brand to be effective?

• A)It should be ambiguous.
• B)It should be created with the use of jargon.
• C)It should be easy to pronounce.
• D)It should be a generic word.

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Definitions:

Cash

Currency and coins, plus bank balances, that are readily available for use in transactions and other financial operations.

Income Statement

A financial statement that shows a company's revenue and expenses over a particular period, illustrating how net income or net loss was achieved.

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest of shareholders or proprietors.

Balance Sheet

A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a basis for computing rates of return and evaluating its capital structure.