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.
- The power based on a channel member’s superior knowledge and information about his products is called:
- Expert power
- Legitimate power
- Coercion
- Retailer power
Correct answer: (A)
Expert power
- The print medium continues to rely heavily on CPM to determine scheduling. What is CPM?
- A percentage of impressions that results in a click
- A percentage of households tuned to TV
- The relative average cost to reach one thousand people
- A payment received for each action
Correct answer: (C)
The relative average cost to reach one thousand people
- The process of establishing and maintaining a distinctive place in the market for anorganization or its specific product offers is known as _________
- Profiling
- Profiling Segmentation
- Segmentation
- Positioning
Correct answer: (D)
Positioning
- The solution to price competition is to develop a differentiated:
- product, price, and promotion.
- offer, delivery, and image.
- package and label.
- international Web site.
Correct answer: (B)
offer, delivery, and image.
- The strategic brand management process starts with understanding what the brand represents and how it is _________ with respect to its competitors.
- Positioned
- Targeted
- Segmented
- Promoted
Correct answer: (A)
Positioned
- The task of any business is to deliver _________ at a profit.
- customer needs
- customer value
- products and services
- improved quality
Correct answer: (B)
customer value
- The traditional view of marketing is that the firm makes something and then _________ it.markets
- sells
- distributes
- prices
- services
Correct answer: (A)
sells
- The unique selling proposition (USP) was started in:
- Advertising era
- Image era
- Product era
- The positioning era
Correct answer: (C)
Product era
- There are lot of customers have the knowledge of brand. They are inclined to be bound into a contract. A customer bound by a contract is known as _________.
- Loyal customer
- Difficult customer
- Potential customer
- Finicky customer
Correct answer: (A)
Loyal customer
- This is something that at some time in the future may destabilize and/or reduce the potential performance of the organization:
- Threat
- Strength
- Weakness
- Opportunities
Correct answer: (A)
Threat