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Brand Equity Is Valuable to an Organization Because It Creates

Question 231

Multiple Choice

Brand equity is valuable to an organization because it creates a competitive advantage and


A) it guarantees the lowest prices.
B) decision making becomes easier for consumers.
C) there is no need for coupons, discounts, or other customer incentives.
D) customers are often willing to pay a higher price.
E) new market segments are easily added to the market-product grid.

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