A brand name may be valuable because it differentiates a company's products in the minds of consumers.

Name: A brand name may be valuable because it differentiates a company's products in the minds of consumers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A brand name creates a distinct identity for a company's products or services, which helps to set them apart in the marketplace and remain memorable in the minds of consumers. This can increase brand recognition and loyalty, leading to higher sales and revenue.

A Brand Name May Be Valuable Because It Differentiates a Company's