Channel Strategies Can Help a Business to Focus on

question 46

Multiple Choice

Channel strategies can help a business to focus on

• A) innovation.
• B) costs.
• C) return on investment.
• D) the core product.
• E) the potential product.

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Definitions:

Brand Recognition

The extent to which consumers are able to identify a brand by its attributes, distinguishing it from other brands.

Nielsen Media Research

A company that measures and analyzes television, radio, and newspaper audiences to provide data on media consumption patterns.

Observation

The act of noticing or perceiving something and registering it as being significant, often used as a method in scientific research.

Competitor Threat

The potential or actual challenge posed by another business or entity that offers similar products or services, impacting market share or profitability.