In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.
<h3>What is consumers right?</h3>
This is known to be the Right to Choose from any goods and services of one's choice.
Note that there are a different kinds of quality products and services at competitive prices and as such, In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.
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The first marketing law suggests that in order to be successful in the market, the marketers need to understand the customer's demand and identify the brand positioning of the product in the market. Therefore, the option C holds true.
<h3>What is the significance of marketing laws?</h3>
Marketing laws are the ones that are universally accepted principles followed by marketers in order to get successful position in the market. The first and foremost law tells about how one should position the brand in a market over the demand of customers.
Therefore, the option C holds true and states regarding the significance of marketing laws.
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The incomplete question has been completed below for better reference.
A. Understand customer's demands
B. Identify brand positioning
C. Both A and B
D. None of these
Answer:
20%
Explanation:
Ownership of XYZ Corp. in ABC Partnership = 100% of ABC Partnership * Percentage owned by XYZ Corp.
= 100% * 50%
= 50%
Ownership of Nancy = Interest in ABC Partnership + Ownership of XYZ Corp. in ABC Partnership * Interest of Nancy In XYZ Corp.
= 10% + (50% * 20%)
= 10% + 10% = 20%
