Statement: A brand is essentially a seller's promise to consistently deliver a specific set of features, benefits and service to the buyers. Assumptions: I. A branded good always gives satisfaction to the buyers.II. An unbranded good does possess the same set of features as that of branded goods.

if only assumption I is implicit.

if only assumption II is implicit.

if neither I nor II is implicit.

Statement: A brand is essentially a seller's promise to consistently d

1.	Statement: A brand is essentially a seller's promise to consistently deliver a specific set of features, benefits and service to the buyers. Assumptions: I. A branded good always gives satisfaction to the buyers.II. An unbranded good does possess the same set of features as that of branded goods.
A.	if only assumption I is implicit.
B.	if only assumption II is implicit.
C.	if either I or II is implicit.
D.	if neither I nor II is implicit.
E.	if both I and II are implicit.
Answer» E. if both I and II are implicit.

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Statement: A brand is essentially a seller's promise to consistently deliver a specific set of features, benefits and service to the buyers. Assumptions: I. A branded good always gives satisfaction to the buyers.II. An unbranded good does possess the same set of features as that of branded goods.

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