Asked by Abhijith Jayakumar on Jul 04, 2024
Verified
Imagine you are stopping at the grocery store on your way home from class to buy food for lunches for the rest of the week. Make a shopping list, and designate which items are manufacturer brands and which are private-label brands.
Manufacturer Brands
Brands owned and managed by the manufacturer. Also known as national brands.
Private-label Brands
Brands owned by a retailer or supplier but not manufactured by them, often positioned as lower-cost alternatives to national brands.
- Distinguish between national brands and private-label brands.
Verified Answer
HW
Harry WilliamJul 10, 2024
Final Answer :
Not all of the food items will be either type of brand, but students should be able to demonstrate understanding of the two types of brand ownership.
Learning Objectives
- Distinguish between national brands and private-label brands.
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