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Management · Q190

Product and Brand Management

Graduate and Post Graduate · Management · question 190

Q190

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer. Assertion (A) Luxury brands command price permiums and do not have a strong lifestyle component. Reason (R) Luxury brands do not require any special considerations in how they are sold.

A.
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B.
Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
C.
(A) is correct, but (R) is incorrect
D.
Both (A) and (R) are incorrect
Answer

Answer: Option D

Solution

Answer: Option D
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