Question: What is the difference between a product and a brand? (1pt) What is brand equity? How does a business build its brand, and what are

  1. What is the difference between a product and a brand?

  1. (1pt) What is brand equity? How does a business build its brand, and what are the benefits of a strong brand?

  1. (1pt) Compare and contrast continuous and discontinuous innovations. Describe an example of each.

  1. (1pt) Describe the market skimming and penetration pricing strategies. When is each most appropriate?

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