The major characteristic of a private brand is that
A) only retailers initiate and own the brand.
B) manufacturers are not identified on the product.
C) producers become involved with the marketing mix.
D) producers price the product.
E) wholesalers encourage producers to make the product available.
Question 2
What assumption does breakeven analysis make that limits its overall usefulness?
A) It focuses on how to achieve a price objective.
B) It assumes a company wants to gain a certain market share.
C) It relies on demand for a product being inelastic.
D) It focuses only on competitive factors and not costs.
E) It assumes demand is elastic for the product.
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