Answer:
1. Strong brand names:
guarantee brand loyalty.
2. A negative impact of branding is that:
it may create false perceptions about product differences.
Explanation:
Brand names differentiate the products and services of competitors providing similar goods and services. It is usually represented as a logo. To make the brand name strong, the brand should reflect the style of customer services, marketing materials, and advertising chosen by a particular company in a competitive market.
Answer:
Purchases Labor market
Explanation:
A simple circular flow of income model is and economic model that shows the movement of goods and services between the firm and the house hold and in the opposite direction is the flow of money between the firm and the household.
The Household provides factor input to the firm and in return receives rewards for the input in form of money from the firm, the firm on the other hand supply the household with goods and services and receives payment from the household, these transaction flow is thought of as a movement in circular direction, hence the term circular flow of income.
Answer:
The correct answer is B) Psychological; sociocultural.
Explanation:
Social influence is a social psychological process in which one or more people influence the behavior, attitude, feelings, opinion and / or attitudes of others. In this process, factors such as persuasion, social conformity, social acceptance and social obedience are taken into account.
Answer:
C. Will likely have to pay Nolan and Sadie damages if they decide to sue them.
Explanation:
Since Nolan and Sadie has agreement with Green Goddess to maintain the landscape and they are paying them $200 for this service. Green lawn has not given them any notice about the leaves so this comes under the breach of contract terms. The company will be liable to pay Nolan and Sadie if they decide to sue them.
Answer:
The correct option is A that is introduction
Explanation:
The product life cycle is the cycle which states the progression of an item or product via the 4 stages of its time on the market. And the stages are: Introduction, Growth, Maturity and Decline.
So, making the customer aware of the existence and the features of the product, the introduction stage is the one which will help the company to make the product aware in the market.
