A strong corporate image cannot affect the price a company can charge for its products.

Question

Quizplus · Accepted Answer

A strong corporate image can positively impact consumers' perception of the quality and value of the company's products, which can in turn justify higher prices. The brand equity and reputation of the company can also create a sense of trust and loyalty among consumers, allowing the company to maintain higher prices even in competitive markets.

A Strong Corporate Image Cannot Affect the Price a Company