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QUESTION 4 Two characteristics of a successful Brand are: O A. It has a well recognized logo and the brand creates an association O B.

QUESTION 4
Two characteristics of a successful Brand are:
O A. It has a well recognized logo and the brand creates an association
O B. Customers know what it is and are more willing to pay a high price for it
O C. It has a short, but well known history and most people can afford the price
O D. It is distinctive and has a complex logo
QUESTION 5
A pro of franchising is:
A. it is easy to do
O B. collect royalty fees
C. can't be sued
D.it is guaranteed

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