To compete with the national brands Loblaws created a private brand called President's Choice. The President's Choice brand bas become so popular that Loblaws now licenses it to retailers in 15 countries where Loblaws has no stores of its own. In effect the private brand has grown into ________.
A) a megabrand
B) a gold mine
C) a national brand
D) a phenomenon
E) a fluke
Correct Answer:
Verified
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