A brand name used for a number of products in the same line is called.
Correct Answer: Family brand
Explanation:
Note: This Question is unanswered, help us to find answer for this one
Marketing Knowledge Skill Assessment
Your Skill Level: Poor
Retake Quizzes to improve it
More Marketing Knowledge MCQ Questions
Which pricing method involves estimating the price that customers would be willing to pay for a given product and then comparing it to the per unit cost to see if it meets the firm's profit objectives
Cannibalisation is the loss of _______ of a product to a new offering in the product line.
In which assortment strategy does a reseller decide to carry many variants of each product in the range?
The options to lease or purchase a product or to manufacture it internally sometimes faced by a manufacturing company, when considering the acquisition of a new product, is called.
Which term is used for describing the difference between the original selling price of an article and the price to which it is reduced in order to sell it?
Through the promotion element of the marketing mix, marketers attempt to _______ value.
The sum of fixed cost and variable cost represents __________.
The purpose of profitability control is to ________.
The practice of __________ is common among college students.
The decision by shoe store owners to fix their prices will result in consumers paying _____ prices.