using a strange name for your brand is always preferable to a less strange name.

Question

using a strange name for your brand is always preferable to a less strange name. True False

One of the principal inventory carrying costs is the cost of interest to pay for the loans used to purchase merchandise. True False

There are typically 5 forces that put pressure on your pricing decision, and costs of goods and marketing usually put pressure to lower the price. True False

In a direct to consumer channel of distribution, the price to the consumer is typically higher. True False

In Just in Time Inventory, you want to have as many suppliers as possible competing for your business, so you can reduce your costs. True False

Fixed and variable costs will both determine when you reach the breakeven point. True False

Competitive marketing is one of the principal reasons why you have to increase your prices. True False

Angel Investors are typically wealthy individuals who want to invest at a very early stage of a company. True False

Angel Investors typically invest millions while Venture Capitalists invest hundreds of thousands. True False

Price is the only of the 5 Ps that allows you to reduce your expenses. True False

Explanation / Answer

Using a strange name for your brand is always preferable to a less strange name. True /False

True

When choosing a business name you can choice between the two:

First, You can choose the name which is exactly the same as business.

Second, You can choose name exactly opposite or strange which has nothing to do with the business products. Such as Kodak, amazon etc

Related Questions

Navigate

• Browse (All)
• Browse U
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.