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- Multiple ChoicePlease save your changes before editing any questions.
The set or the different kinds of products made by a company is called as _____________
product range or product line
product placement
product launch
product lifecycle
- Multiple ChoicePlease save your changes before editing any questions.
Use of a well-known person to advertise products
product endorsement
product placement
product launch
product range
- Multiple ChoicePlease save your changes before editing any questions.
the introduction of a product to the market
product launch
product lifecycle
product placement
product range
- Multiple ChoicePlease save your changes before editing any questions.
How do we get the information about what consumers want or need with regard to a particular brand
market research
market share
market segment
market challenger
- Multiple ChoicePlease save your changes before editing any questions.
Name of the brandLamborghiniMustangPorscheFerrari - Multiple ChoicePlease save your changes before editing any questions.
Brand Loyalty is defined as ___________
The title given to a product by the company that makes it
Using an existing name on another type of product.
The ideas and beliefs people have about a brand.
The tendency to always buy a particular brand.
- Multiple ChoicePlease save your changes before editing any questions.
Image (Brand)
The title given to a product by the company that makes it.
Using an existing name on another type of product.
The ideas and beliefs people have about a brand.
The tendency to always to buy a particular brand.
- Multiple ChoicePlease save your changes before editing any questions.
Awareness (Brand)
The title given to a product by the company that makes it.
Using an existing name on another type of product.
The ideas and beliefs people have about a brand.
The tendency to always buy a particular brand.
How familiar people are with a brand (or its logo and slogan ).
- Multiple ChoicePlease save your changes before editing any questions.
Name (Brand)
The title given to a product by the company that makes it.
Using an existing name on another type of product.
The ideas and beliefs people have about a brand.
The tendency to always buy a particular brand.
How familiar people are with a brand (or its logo and slogan ).
- Multiple ChoicePlease save your changes before editing any questions.
Product Life cycle is defined as
The set of products made by a company.
The use of a well-known person to advertise products.
When products are used in films or TV programs.
The introduction of a product to the market.
The length of time people continue to buy a product. or the time frame from the introduction of product to its declining stage
- Multiple ChoicePlease save your changes before editing any questions.
Descriptive features that characterize a product or service are called?
Brand attributes
Brand benefits
Brand elements
Brand components
- Multiple ChoicePlease save your changes before editing any questions.
Creating a positive brand image takes marketing programs that link associations to the brand in memory. What kind of associations ensure a positive image?
complex associations
weak, favorable, and unique
strong, favorable, and unique
unrealistic associations
- Multiple ChoicePlease save your changes before editing any questions.
The act of designing the company’s image so that it occupies a distinct and valued place in the target customer’s minds is called
image sketching
establishing POPs
branding
brand positioning
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following could be a typical brand mantra?
We care for our customers
Entertainment for all
If you work hard, you will definitely succeed
A Good, cheap, reliable, reasonable, solid, outstanding brand
- Multiple ChoicePlease save your changes before editing any questions.
The set of all actual and potential buyers who have sufficient interest in, income for and access to a product is called
market segmentation
brand positioning
a market
segmentation basis
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following is/are associated with branding?
influencing how people feel about their emotions that they exude when they think about a brand
influencing what people do
are we getting people to click on our on our ads?
- Multiple ChoicePlease save your changes before editing any questions.Which of the following is a true statement about the introduction stage of the product life cycle:Profits are usually nonexistent.Costs are low.c. Sales growth is exploding.There is intense competition
- Multiple ChoicePlease save your changes before editing any questions.Which phase of the Product life cycle is a downward turn in sales leading to the demise of a product.IntroductionGrowthMaturityDecline
- Multiple ChoicePlease save your changes before editing any questions.
Five years after a new product has been introduced, sales begin to level off because customers are purchasing the competitor's brand. What strategy would be most appropriate to use in this situation?
take the product off the market
do nothing, fluctuations in sales are common
modify or update the product to renew customer interest
triple the advertising budget for the product
- Multiple ChoicePlease save your changes before editing any questions.
Check the boxes for the reasons failure of new products (Select any 3)
Lack of specialty
poor timing
effective promotion
inferior quality
- Multiple ChoicePlease save your changes before editing any questions.
When a manufacturer uses his own name as brand for his products, it is known as manufacturer’s brand.
True
False
- Multiple ChoicePlease save your changes before editing any questions.
Check the boxes for the suitable statement agreeing to the topic "Importance or functions of Branding " (Select 3)
Easy to recognize
differentiation of product categories
creates loyalty
cannot regulate prices for the own brand
- Multiple ChoicePlease save your changes before editing any questions.
Brand is a massive Asset
True
False
- Multiple ChoicePlease save your changes before editing any questions.
The biggest disadvantage of branding is that it involves huge cost because brands are not created overnight and companies have to spend huge sums on advertising and publicity.
True
False
- Multiple ChoicePlease save your changes before editing any questions.
Which logo is NOT shown in the picture?
Nike
Microsoft
Apple
McDonald's