Qu estions and an sw er s w ith
accu r ate r ationales(PASSED)
shopping products - answer more expensive products that consumers buy less
frequently
specialty products - answer much more expensive products that consumers
seldom purchase
product differentiation - answer the attributes that make a good or service
different from other products that compete to meet the same or similar customer
needs
brand equity - answer the overall value of a brand to an organization
licensing - answer purchasing the right to use another company's brand name or
symbol
cobranding - answer established brands from different companies join forces to
market the same product
packaging - answer Protects the product, provides information, facilitates storage,
suggests product uses, promotes the product brand, and attracts buyer attention