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21 September, 08:16

GreatW, a wine company, had to market its products with a different name in a foreign market as itwas mandatory to translate the name into the local language. Which of the following factors has most likely influenced the compulsory change of GreatW's product name in the foreign market in this scenario?

A. Legal requirement

B. Climatic requirement

C. Technological requirement

D. Monetary requirement

E. Economic requirement

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Answers (1)
  1. 21 September, 11:12
    0
    Option A

    Legal requirement most likely influenced the compulsory change of GreatW's product name in the foreign market in this scenario

    Explanation:

    A responsibility inflicted on an organization, including those that are lawful or administrative. If you do not obey juridical requirements and guidance, your firm can suffer serious punishments. Examine your legal requirements frequently. You'll require to analyze the other legal requirements associated so your business functions with all of the demanded licenses and privileges.

    To disclose your business name you'll likely enroll a "Doing Business As". This registration doesn't afford trademark assurance, but it does enable you to formulate and apply the name you desire for branding persistence outwardly having to consolidate.
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