Merging and milking brands are examples of creating brand extensions.
Brand extension refers to the process in which a firm markets a new product by using its established brand names. It is a way to take advantage of the company’s already established brand equity to increase the market and reach of the new product.
The assumption is that consumer loyalty, familiarity, brand popularity and reputation of the producer will ensure that the product is readily integrated into the market. Product extension can further help in expanding the reach of the product to new markets and consumer base, and increase overall profit margins as a result.
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Answer:
C. more than $300 billion.
Explanation:
option (C) because a decrease in gdp will be more than a decrease iin govt expenditure or a rise in govt tax, because of multplier effect.
The given statement is False.
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
A pool lifeguard demands money after saving bob from drowning in the pool. Bob does not have to pay the lifeguard because this is an instance of <u>pre-existing duty</u>.
A pool lifeguard is responsible for the general supervision and safety of swimmers by preventing and responding to emergencies. Lifeguards are superior swimmers who are able to give advice on water safety to swimmers.
When a pool lifeguard demands money after saving bob from drowning. The lifeguard should not be paid, as it is the pre-existing duty of a lifeguard to help swimmers in an emergency.
Hence, the lifeguards administers first aid in the event of injury, rescues swimmers in distress or danger of drowning.
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