According to the Brand Asset Valuator model, brand strength consists of:
Detailed Answer
Correct answer: (D)
Differentiation, Relevance
2
If Amul IceCream decides to introduce an apricot flavored Ice cream, it will be an example of:
Detailed Answer
Correct answer: (C)
Line extension
3
A ______________ is one which belongs to the same product category as that of a main brand but has a different brand name and is aimed at pre-empting competition and covering market completely.
Detailed Answer
Correct answer: (C)
Flanker brand
4
Car manufacturers like Maruti, Honda create several sub brands linked to the main brand like Honda City, Honda Jazz, Honda Brio etc. This is an example of:
Detailed Answer
Correct answer: (A)
Umbrella branding
5
The cost of a product is Rs. 90. The company producing it decides that it should get a return on sales of 10%, and hence prices it at Rs. 100. The pricing method followed in this case is:
Detailed Answer
Correct answer: (C)
Mark up pricing
6
Select the correct sequence of the first four steps of setting the price (from left to right)?
Company A sells laptops through retailer B and C both of whom sell laptops only through brick and mortar stores. Recently B complained that C is selling laptops in area of C without authorization. This is an example of:
Detailed Answer
Correct answer: (A)
Horizontal channel conflict
8
To a producer of goods, a greater number of channel levels means ______________ and greater channel complexity.
Detailed Answer
Correct answer: (A)
Less control
9
In the innovation adoption model, interest and evaluation form a part of the ______________ stage.
Detailed Answer
Correct answer: (B)
Affective
10
All of the following require high advertising budgets except ______________.