All of the Following Are Factors That Have Explained the Success

question 65

Multiple Choice

All of the following are factors that have explained the success of private labels in recent years EXCEPT:

• A) better packaging decoration.
• B) improved quality of private-label products.
• C) development of premium private-label brands.
• D) expansion into new product categories.
• E) internationalization of retail chains.

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Definitions:

Merit

Merit refers to the quality of being particularly good or worthy, especially so as to deserve praise or reward.

Generalized

Referring to something that is widespread, not specific, affecting all or most parts of something.

Sample

A subset of individuals or elements selected from a larger population, used to make inferences or observations about the population as a whole.

Correlational

Pertaining to a research method that examines the relationship between two or more variables to determine if they are associated.