Brand Management
71. A change in an individual's behavior prompted by information and experience refers to which one of the following concept?
- learning
- role selection
- perception
- motivtion
Correct answer: (A)
learning
72. A change in positioning may cause __________ in price.
- An upward change
- A downward change
- Both of the given options
- None of the given options
Correct answer: (C)
Both of the given options
73. A cluster of complementary goods and services across diverse set of industries is called as
- market place
- meta market
- market space
- resource market
Correct answer: (B)
meta market
74. A company's own retail outlets are meant:
- To avoid the threat of distributors' power
- To own and batter control the distribution channel
- Distribution, itself, is a good business
- All of the given options
Correct answer: (B)
To own and batter control the distribution channel
75. A customer will choose a brand based on how compelling the _________ was as compared to other brands.
- Difference
- Similarity
- Sameness
- Uniqueness
Correct answer: (A)
Difference
76. A differentiated product may be unique in the marketplace, but it will only be successful under which of the following circumstances?
- If it satisfies customers' needs
- If the price differential is minimal
- If the brand can be classed as aspirational
- Differentiated products will always be successful
Correct answer: (A)
If it satisfies customers' needs
77. A futuristic innovations (media planning) involves creating satellite imagery of the monogram or message to reach the desired geographic location and _________.
- programme
- action
- audience
- media
Correct answer: (C)
audience
78. A good brand contract:
- Keeps customer perspective in view
- Delivers promises made with customers
- Unearths negative promises
- All of the given options
Correct answer: (D)
All of the given options
79. A good channel system must automatically offer _________ to the customers.
- Transaction services
- After-sales services
- Both of the given options
- None of the given options
Correct answer: (C)
Both of the given options
80. A good positioning is something that must be _________ to the customer.
- Visible
- Believable
- Reasonable
- Invisible
Correct answer: (B)
Believable
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