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 View answer 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 View answer 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 View answer 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 View answer 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 View answer 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 View answer 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 View answer 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 View answer 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 View answer Correct answer: (C) Both of the given options
80. A good positioning is something that must be _________ to the customer.
Visible Believable Reasonable Invisible View answer Correct answer: (B) Believable