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.
- Mostly, the major source of power throughout the distribution channel is
- The company
- The brand
- The distributor
- The customer
Correct answer: (B)
The brand
- New media is very cost-effective when compared to the traditional media and is highly _________.
- reliable
- requted
- resourceful
- result-oriented
Correct answer: (D)
result-oriented
- NPD Stands for
- national production division
- new product department
- new product design
- new product development
Correct answer: (D)
new product development
- Often, the direct consumers of a nonprofit organization are its:
- Consumer public
- Member public
- Client public
- Nonbusiness public
Correct answer: (C)
Client public
- One of the key tasks of marketers is _________ and to create consumer perceptions that the product is worth purchasing.
- To make products easily visible and available
- To promote sales of products
- To differentiate their products from those of competitors
- To do marketing surveys
Correct answer: (C)
To differentiate their products from those of competitors
- One traditional depiction of marketing activities is in terms of the marketing mix or four Ps. The four Ps are characterized as being _________
- product, positioning, place, and price
- product, production, price, and place
- promotion, place, positioning, and price
- product, price, promotion, and place
Correct answer: (D)
product, price, promotion, and place
- Online marketing of all types offers superior measurability and trackability in comparison to traditional _________.
- media
- tactics
- research
- information
Correct answer: (B)
tactics
- Opportunities for growth and expansion are identified by finding:
- Customers’ beliefs about the segment
- Customers believe about our competitors
- Customer’s perceptions about the brand
- Customer’s response about the products
Correct answer: (A)
Customers’ beliefs about the segment
- Packaging is called as the _________ P of marketing mix.
- First
- Third
- Fourth
- Fifth
Correct answer: (D)
Fifth
- Parent brand if it is associated with multiple products in brand extension is called
- family brand
- product extension
- sub-product
- parent company
Correct answer: (A)
family brand