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.
- If two different brands are distributed by one company, it is considered under:
- Wholesale
- Co-branding
- Joint venture
- Merger
Correct answer: (B)
Co-branding
- In a _________ orientation, the role of marketing research is to determine customer needs and how well the company is satisfying them.
- Marketing
- Production
- Both of the above
- None of the above
Correct answer: (A)
Marketing
- In a specific strategic market plan, a profit centre that is self-supporting in terms of sales, markets, production, and other resources is known as:
- Profit unit.
- Strategic business unit
- Marketing unit
- Small business unit
Correct answer: (B)
Strategic business unit
- In channel of distribution, particularly _________ are able to create an image of their store in the minds of the customer.
- Whoesaler
- Retailer
- Distributor
- Dealer
Correct answer: (B)
Retailer
- In marketing theory, every contribution from the supply chain adds _________ to the product
- value
- cost
- convience
- ingredients
Correct answer: (A)
value
- With the effort of team of professionals in a company, produce end product which is related to the _________.
- Brand creation
- Idea creation
- Brand management
- Marketing management
Correct answer: (A)
Brand creation
- In relationship marketing firms focus on _________ relationships with _________.
- short-term; customers and suppliers
- long-term; customers and suppliers
- short-term; customers
- long-term; customers
Correct answer: (B)
long-term; customers and suppliers
- In SWOT analysis, situations where organizations are able to convert weaknesses into strengths and threats into opportunities, these are called:
- Strategic windows
- Strategic leverage
- Conversion strategies
- Vulnerability
Correct answer: (C)
Conversion strategies
- Inside sales is known as
- Direct marketing
- social marketing
- tele-marketing
- viral marketing
Correct answer: (C)
tele-marketing
- Interactive media can be best described as
- Customized Marketing Messages
- Marketing Communications Mix
- Marketing Mix
- Media that allow two-way messages between company and consumer
Correct answer: (D)
Media that allow two-way messages between company and consumer