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Sears sells batteries under its own Diehard brand name even though another company actually produces these batteries. This is an example of a:


A) knockoff brand.
B) generic brand.
C) dealer (private) brand.
D) brand association.

E) A) and B)
F) None of the above

Correct Answer

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Which of the following represents a pricing strategy that establishes a low price in hopes of attracting a great number of customers and attempts to discourage competitors?


A) penetration strategy
B) odd-even pricing strategy
C) skimming strategy
D) price lining strategy

E) B) and D)
F) All of the above

Correct Answer

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Beth works for Champion Industries overseeing the marketing mix for the firm's line of calculators. Beth serves as a brand manager for Champion Industries.

A) True
B) False

Correct Answer

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