What happens when two or more established brand names of different companies are used on the same product?

a. cobranding
b. cannibalization
c. brand extension
d. family branding

Ans: a. cobranding

Business

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In this course, the term business statistics refers to the set of tools and techniques that are used to convert information into meaningful data

Indicate whether the statement is true or false

Business

When using the visual-fit method to estimate a cost function, we can estimate the fixed cost by ________

A) the point where the sketched line (through all or most of the data points) intersects the x-axis B) the point where the sketched line (through all or most of the data points) intersects the y-axis C) calculating the variable cost per unit of the cost driver D) subtracting the variable cost at any cost driver level from the total cost

Business