Multiple Choice
Click It, Inc.
Travis is a salesperson for Click It, Inc. Click It does not sell products with its own brand name. Instead, its products are created for different retail stores and carry the store brand. Travis thought that several changes needed to be made to a particular product, but Click It management reminded him that the stores, not Click It, owned the brand.
However, because Click It had been concerned about dropping sales, management listened to Travis's concerns about the company's pricing. He suggested using a different pricing strategy. More specifically, he felt that the company should incorporate a multiple-unit pricing strategy because it would then allow Click It to set a single price for multiple units. This had the potential of increasing sales and therefore profits, so management agreed to consider Travis's suggestion.
-Refer to Click It, Inc. When Travis thinks of products and brands adding value to the company that sells them, which concept is he referring to?
A) Equilibrium brand
B) Brand extension
C) Generic name
D) Brand demand
E) Brand equity
Correct Answer:

Verified
Correct Answer:
Verified
Q29: The strategy of setting a single price
Q30: The complete and legal name of an
Q31: Which of the following is not generally
Q32: Chris and Kimberly White decided to buy
Q33: A branding strategy in which a firm
Q35: In spite of the rigorous process for
Q36: All of the activities involved in developing
Q37: At what stage in the product life-cycle
Q38: A hotel room in New Orleans during
Q39: When Pepsi introduced Mountain Dew Code Red,