Brand Management MCQ
Definition Of Brand Management :- Brand management is a function of marketing that uses techniques to increase the perceived value of a product line or brand over time. … A brand manager ensures the innovation of a product or brand, creating brand awareness via the use of price, packaging, logo, associated colors, and lettering format.
- Advertising _________ is capable to attract consumers only if it is based on their needs.
- Reach
- Copy
- Frequency
- Media
Correct answer: (B)
Copy
- Advertising to todays consumers, we need to look beyond the _________ media of print, radio, and television.
- traditional
- non – traditional
- social
- new
Correct answer: (A)
traditional
- All of the following statements would be considered to be TRUE regarding company vision statements EXCEPT:
- Vision statements are never presented with an organization’s mission statement
- Vision statements are often combined with the mission statement
- Vision statements are often designed to be memorable, one-line statements
- Vision statements reflect an organization’s strategic intent
Correct answer: (A)
Vision statements are never presented with an organization’s mission statement
- An apparel marketer is planning to launch an existing brand name into a new product category. Which brand development strategy is being implemented?
- Line extension
- Multibrand
- Brand extension
- Rebranding
Correct answer: (C)
Brand extension
- While determining levels of preferences of consumers in relation to the criterion, researchers come to know that mostly consumers give priority to the brand due to it’s:
- Customer service
- Consistent performance
- Price value relationship
- Accessibility
Correct answer: (B)
Consistent performance
- An effective advertising campaign:
- Revolves around a strong single idea
- Should appeal to self interest of customer
- Must not wander off
- All of the given options
Correct answer: (D)
All of the given options
- Anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need is called a(n):
- idea
- demand
- product.
- service.
Correct answer: (C)
product.
- At the center of a brand’s characteristics is the following:
- Identity
- Image
- Value
- None of the given options
Correct answer: (C)
Value
- Attack the market and defend the position are the prime strategies pursued by a firm with _________ positioning.
- Market challenger
- Market Leader
- Market Follower
- Market Nicher
Correct answer: (B)
Market Leader
- Benefits of having different brands include all of the following except:
- Quickly respond to retailers’ need
- Effectively compete in market
- Save the actual brand image
- Fill all the gaps in market
Correct answer: (D)
Fill all the gaps in market