What can be said of the correlation between the brand of an automobile and its quality?

1 answer:

6 0

The correlation between the brand of an automobile and its quality is anchored on the fact that to be among the top brands in the auto industries, your products must have high quality.

For instance, the quality of the Rolls Royce speaks volume about its brand.

<h3>What is Branding?</h3>

Branding is the act of distinguishing one sellers goods from another. The idea of branding can be achieved through several means such as markings or inscriptions.

It is important to note that the quality of a product play a key role in branding. Most customers prefer brands based on the quality they tend to get from such brands.

Learn more about Branding at brainly.com/question/24456504

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Thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently.

The strategy decision making about the industry and competitive conditions involve evaluating the prices, buyer sensitivity to the prices, serviceability & frequency.

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$14.96

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