Asked by
Cindrella Vivera
on Dec 02, 2024Verified
Which of the following benefits of brands helps finance managers?
A) Higher buyer power
B) Employee retention
C) Higher margins
D) Marketing pull
Higher Margins
Refers to increased profitability, achieved by either raising selling prices or reducing production costs, resulting in a larger difference between sales revenue and the cost of goods sold.
Finance Managers
Professionals responsible for managing the financial health of an organization, including planning, organizing, controlling, and monitoring financial resources.
- Comprehend the advantages of branding for various stakeholders within an organization.
Verified Answer
GJ
Learning Objectives
- Comprehend the advantages of branding for various stakeholders within an organization.