A Well-Established Brand Can Be a Source of Sustainable Competitive

question 44

Multiple Choice

A well-established brand can be a source of sustainable competitive advantage because:

• A)Consumers will always pay a premium for a recognized brand
• B)Brands are protected by trademark law,hence cannot be copied
• C)Brand create product differentiation barriers to entry that protect a firm from competition from new entrants
• D)Brands are durable,they lose value when transferred between firms,and are costly to create.

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Definitions:

Speed Dates

Short, timed meetings arranged between individuals seeking romantic partners, allowing both parties to quickly gauge potential interest.

Romantic Compatibility

The degree to which partners in a romantic relationship share values, interests, and traits that make the relationship fulfilling and sustainable.

Self-Control

The proficiency in overseeing one's emotional state, thought patterns, and behaviors amidst challenges posed by temptations and impulses.

Mate Selection

The process by which individuals choose their partners, often based on personal, cultural, and biological factors.