Company XYZ manufactures quality widgets, but does not invest a significant effort in marketing the company or its widgets. If Company XYZ were to develop a __________, one of the benefits it would realize is the ability to charge premium prices. a. company b. product c. marketing strategy d. brand

Respuesta :

Answer:

D. Brand

Explanation:

A brand is a method used in identifying one's business. It is the use of identifying symbols, marks, logo, names and so on, that a company uses to differentiate their products from others. The process of having a brand is branding. Branding is a marketing technique in which a company creates symbols, marks, logo, names and so on that can be easily identified as belonging to a specific organization. In this case, if XYZ can create a brand, they'd able to sell product at premium prices.