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XYZ Manufactures Computer Hardware

question 86

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XYZ manufactures computer hardware.The marketing executives,in order to increase the market share,forced a business to accept a suggested retail price and not to sell the items below the stated price.

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Definitions:

Brand's Essence

The core identity or fundamental nature of a brand that distinguishes it from competitors and resonates with consumers.

Extension Authenticity

The authentic and believable growth of a brand into new categories or markets while preserving its fundamental values and identity.

Fighter Brands

Brands created by a company to compete directly against low-cost competitors in the market, often to protect the parent brand's market share.

Low Price Competitors

Companies that compete primarily on price, often by offering similar products or services as higher-priced competitors, but at lower costs.

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