All of the following are true about product line extensions EXCEPT:
A) this strategy can result in lower advertising and promotion costs.
B) a risk that comes with product line extensions is that sales of an extension may come at the expense of other items in the company's product line.
C) a product line extension raises the level of brand awareness.
D) line extensions work best when they do not cause cannibalization.
E) product line extensions involve using a current brand name to enter a different product class.
Correct Answer:
Verified
Q262: Which of the following is a multiproduct
Q265: Gatorade successfully used a _ strategy when
Q266: When a company sells a new product
Q274: Multiproduct branding refers to a branding strategy
A)that
Q275: Bayer Aspirin is sold in the original
Q287: Another name for multiproduct branding is
A)mixed branding.
B)uniform
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