For a branded house strategy, the following is often essential, (C) use of strong, individual, or separate brand names.
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What is branded house strategy?</h3>
- A Branded House is a marketing approach in which multiple companies' products are sold under one name/branding umbrella.
- If the master brand/company wants more control over the end product's production, distribution, and cost, this technique is ideal.
- Apple is an example of a branded house.
- Apple offers numerous goods, many of which are well-known enough to stand alone as product brands.
- However, they are all clearly branded Apple and exploit the master brand's visual identity and spirit.
- A Branded House strategy provides various benefits to businesses that provide different services or products under one brand, including Efficiency - a single marketing plan and brand code cover all offerings.
- Ease - by keeping all offerings under the same brand, confusion and competition are avoided.
Therefore, for a branded house strategy, the following is often essential, (C) use of strong, individual, or separate brand names.
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Answer:
Marginal revenue is $2.99
Explanation:
A monopoly is defined as a situation where a single supplier determines the price and amount of a good that will be supplied.
Marginal revenue is defined as the additional revenue that is earned from increased unit of sale of a product.
The initial revenue earned is 100 units* $4= $400.
The present revenue is 101 units* $3.99= $402.99
Therefore the additional revenue is 402.99-400= $2.99
Explanation:
The preference committee members are as follows:
Member 1 prefers a to b and b to c
Member 2 prefers c to a and a to b
Member 3 prefers b to c and c to a
The order of this problem can be solved:
Preference for 1, 2 and 3 are as below:
1. a then b then c
2. c then a then b
3. b then c then
Member 1 knowing advantage , will always disagree with 2 and 3 so that he can win when it comes to vote
So, 2 and 3 in order to win , will have to cooperate with each other.
As we can see that the least suitable option according to Member 2 and Member 3 are b and a respectively. Therefore they would not consider supporting either b or a.
So the possible option of Member 2 and Member 3 supporting will be C.
Therefore both 2 and 3 will agree on C.
The predicted outcome of the game is C.
