A) points-of-inflection Pages 3 Ratings 100% (3) 3 out of 3 people found this document helpful; Which of the following statements about brand mantras is true? e. Recovery strategy. d. Branding is less important now than . He just made an arrangement with a coffee service for his company. b. People-based offering In what way is the brand's category membership being conveyed? Assuming Adamss assertion is correct (that a business expansion is already under way), evaluate the timeliness of his recommendation to purchase Universal Auto, a cyclical stock, based on the business-cycle approach to investment timing. Word of mouth . E) language, Which element of a brand story framework do Randall Ringer and Michael Thibodeau relate to the way the narrative logic unfolds over time, including actions, desired experiences, defining events, and the moment of epiphany? Organizations should not . http://www.youtube.com/watch?v=JmC-vjQGSNM A.by lines of volcanoes B.by GPS coordinates C.by earthquake locations, What was Hutton's discovery at Siccar point? C) comparing to exemplars B) sensuality d. Equipment-based offering. A. Flanker brand Which of the following statements about brand names is true? D) communicating deliverability variables e. Joint venture, If customers purchase your product and find that it performs as well or better than they expected, they will be forming _______________ an important step in creating brand equity? D) brand architecture Select one: Sabrina is thinking of starting a new line of coffee shops. Which one of the following statements about retailers and retailing activities is true? If it helps to get your gears going, here are simple formulas you can follow to create a winning positioning statement: [Brand name] provides [benefit] because [compelling reason] for [target audience] with [specific need or want]. Through research, they had discovered that many dogs do not get enough exercise and this new dog food had stimulants added to give these sedate dogs energy. D) points-of-parity She needed to hire a coffee service to provide a coffee maker and coffee supplies on a regular basis. Brand extension. a. If you are a fan of these trucks then this is truly a very rare opportunity . Surgeon General Regina Benjamin, MD, MBA, is serving as Zillow's health advisor. The Chef position will perform the following duties: Builds customer loyalties through a one-on-one consultative approach. A) announcing category benefits a. Select one: D) sensuality D) competitive points-of-parity; peculiar points-of-parity C) Dove soap helps users have softer skin He brought it home, plugged it in and nothing happened. e. Transaction, _____________ is when a business uses one brand name to cover a variety of products? A) comparability, authenticity, deliverability B) Barry's Oats, when you want nutrition and flavor. She found three that provided equipment and made weekly deliveries of supplies. e. Advertising slogan, A ______________ or _______________ tries to create the perception of value by eliminating the advertising expense associated with many consumer products? A) practicality B) services Select one: The term implies a look defined by the fashion industry as that which is trending.Everything that is considered fashion is available and popularized by the fashion system (industry and media). E) differentiability, authenticity, desirability, ) Which of the following criteria relates to consumers seeing the brand association as personally relevant to them? a. C) relying on the product descriptor event would be an example of what kind of promotional activity. Sorted by: 2. A company doesn't normally want its customers to identify with its brand. A. developing a new image. Substitution (statement 1 into statement 4) 6. p q 6. According to the given scenario, Ford Motor Co. conveyed their brand's category membership by ________. d. Printed on the package or in the instructions Passenger deposits for upcoming cruises are considered unearned revenue and are recorded as Customer Deposits as cash is received. It is relatively inexpensive to create a national brand when the product sells for less than $1 c. Creating a brand is very different from positioning. Multiple Choice O It is a collection of coordinated advertisements that share a single theme. d. Excessive branding. D) brand slogan D) point-of-weakness American Express'- "Worldclass Service, Personal Recognition," Mary Kay's - "Enriching women's lives," Hallmark's- "Caring Shared," and Starbucks'-"Rewarding Everyday Moments" are examples of ________. (c) It is confined to physical product. c. These are all dimensions of service quality. Add a diagram to illustrate your answer. e. Responsiveness, Frodo was a massage therapist. b. a. D) Achieving brand familiarity is easy. Suppose that you wish to test to determine whether one method of teaching statistics is better than another. B. line extension Quality logos and brand names should pass each of the following tests, except: Which of the following is NOT an element of consumer-based brand equity? 5. A) help firms to analyze who their competitors are D) category points-of-parity B. Brands cannot be built through advertising, public relations, sponsorships, social media, or similar techniques. All of these statements about pricing in the not-for-profit sector are true. There is no way to distinguish the product from its competitors other than by the brand name. Warranties can be either express or implied. B) channel differentiation C) image differentiation B. c. Positive Brand associations Select one: c. Trade name, trademark In terms of the goods-services continuum, this is an example of a ___________? a. e. All of these are the point we were trying to make. d. Because it gives you an opportunity to show that you were right and the customer was wrong. B) Points-of-difference c. The warranty statement is not in the package, but must be downloaded from the companys website. Question: 22 Which of the following statements are true about a brand positioning statement? You said? b. e. Post-purchase utility. Documentation d. Offer a consumer clues as to the quality of the product inside. D) category points-of-difference c. Assurance b. E) comparing to exemplars, One common difficulty in creating a strong, competitive brand positioning is that many of the attributes or benefits that make up the points-of-parity and points-of-difference are ________. b. B) A small business must avoid leveraging secondary brand associations. B. flanker brand. C) brand identity This is an example of: b. A rsum, sometimes spelled resume (or alternatively resum ), [a] [1] also called a curriculum vitae (CV), is a document created and used by a person to present their background, skills, and accomplishments. He used these same themes in his print and radio advertisements. Which of the following is NOT correct regarding brand awareness? A(n) ________ is a group of firms offering a product or class of products that are close substitutes for one another. b. What did the company try to build when they conveyed the fact that the beer contained one third less calories and hence it is less filling? C) insensitivity Discuss the business-cycle approach to investment timing. Every service probably has a tangible component. A) negatively correlated Fill in the blank: Whenever a customer posts on a social media platform or blog, or writes a review about a company's product, they are producing _____ for the company's brand. The company has provided a written statement saying what their responsibility is for defective products. a. [Brand name] serves [target audience] who [specific need or want]. Which of the following statements is true of the individualism approach of ethical decision making? If your friends tell you that the company should be liable for a problem, then they probably are liable. a. Credence Qualities Reliability C) brand architecture c. Project an image for the product. Brand names are always economically wasteful since they dupe consumers . c. Co-branding These consumers are unlikely to switch. Select one: E) relying on the product descriptor, ) SJC is a new retailer that targets the youth market. Which of the following statements is not true with regard to the concept of product? e. Because for every customer who complains there are probably ten who had a similar problem and didn't say anything about it to you. Using the information given in the given problem and the rates shown in the given figure, prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the Modified Accelerated Cost Recovery System. Here are the building blocks of your brand that you need to identify: Needs: Maslow's Hierarchy of Needs is a helpful tool that shows layers of needs from the most . b. A) intimacy A. Starbucks using its brand name on coffee makers is an example of a: These brands offer experiences and we buy them with that experience in mind. Many organizations view the process of creating and maintaining a strong brand as a liability. D) Competitive points-of-difference E) maximizing negatively correlated attributes, When Tommy Hilfiger was an unknown brand, advertising announced his membership as a great U.S. designer by associating him with Geoffrey Beene, Stanley Blacker, Calvin Klein, and Perry Ellis, who were recognized members of that category. Which of the following statements about service marketing is TRUE? See Page 1. Select one: Therefore, option C is correct that is . Such brands get more revenue out of such value. C. quality of in-store displays and packaging of private label brands has increased. All Rights Reserved. Which of the following is the company using to convey its membership in the hatchback segment? A) cast D) employee The advantage of ________________ is that it allows you to spread the cost of developing a brand over many different products. This suggests that in order to have a successful service experience the customer has to know? e. Number of complaints. a. E) exploitation of competitors' weakness, ) The two basic forms of points-of-parity are ________ and ________. a. D) believability Select one: Like lysol spray disinfectant products Other disinfectant sprays besides lysol Spanish equivalent to lysol spray. e. Individual product branding, Which of the following conditions make it favorable for a retailer to launch a store-brand? Ben Lucas is a maintenance programmer for the Ace Corporation. Among others, this differentiation could certainly appeal to animal lovers and those moving toward organic products. Select one: e. Quality and value are easy to maintain. e. You said all of these things, and meant them. Employee morale was very important to the company so she knew that the coffee needed to be good. Select one: Which of the following is not one of the unique characteristic's of a service described in the text? Consumers with high behavioral loyalty are unlikely to switch. B) reliability a. d. Intangibility E) sensitivity, Which of the following traits of a brand's ability to become a lovemark implies empathy, commitment, and passion? It is the goodwill that the brand builds by itself and from its customers. E) Brand extensions, ) A ________ is a translation of the brand mantra that attempts to creatively engage consumers and others external to the company. \hspace{240pt}\textbf{Dividends Declared}\\ Which of the following describe spam? a. She found three that provided equipment and made weekly deliveries of supplies. She called all three and asked them to come in and put on a demonstration so that the employees could decide which coffee they liked best. A. C) points-of-inflection d. Logo a. Which of the following statements are true about data storytelling? A) Positioning B) Valuation C) Pricing D . It was able to achieve a point-of-difference on performance and a point-of-parity on luxury with respect to U.S. luxury cars like Cadillac. d. Private-label brand, middleman brand D) product B) peculiarity Which of the following is an example of channel differentiation? This value can be expressed in terms of? B) brand personality C) language A) cultural branding B) always correlated Trade name A) A VMS is a channel in which there is cooperation among channel members at two or more different levels of the channel. C) point-of-conflict A global brand uses the same product formulation or service concept across multiple countries and cultures. Companies trying to sell their products internationally do not benefit from having a strong brand name. Select one: a. B) brand awareness D) Choose Grissom's for an unparalleled shopping experience. D) announcing category benefits When business travelers began to view Holiday Inn as outdated with old decor, the management team remodeled many properties and terminated contracts with proprietors that did not meet the new standards. The following statements about private labels are true, except: Search qualities C) directly proportional d. Not-for-profits don't compete against each other. A combination of one or more of those distinguishing . The ________ defines which other brands a brand competes with and therefore which brands should be the focus of competitive analysis. Excessive branding. C)It is only important once a company is established. Group of answer choices During the introduction stage of the product life cycle, pricing may be high or low. A) It involves designing creative business ventures to positively affect both a company's cost structure e. The squeaky wheel principle, Karel is the office manager for a medium sized-firm in the city. -Strong brand expands the target market -Strong brand increases competition -Strong brand improves production output -String brand builds customer loyalty, Two established brands collaborating to offer a single product or service that . e. No, because quality and value will be difficult to maintain because the concept depends on extensive training of baristas. A) They guide only major decisions, they have no influence on mundane decisions. E) category points-of parity; competitive points-of-parity, ________ are attributes or benefits that consumers view as essential to a legitimate and credible offering within a certain product or service class. 1. D) RTZ shifted its products from supermarket aisles to exclusive stores as it realized that customers were willing to pay more in stores. What percent of Bens day is spent testing these programs? B. quality of many private label products has improved. Consumers with rational loyalty like the brand but they want to shop around and will switch if the brand is better for their lifestyle. Frodo was using the ___________ approach to making his service seem "real"? e. Intangibility, A ____________ is an intangible activity or benefit that an organization provides to consumers in exchange for money or something else of value? d. Introduction For a one-time fee of $300 the company will install a four-pot coffee maker in the office. This is an example of ________ differentiation. Becker Brothers is handling 10 percent of the issue. Select one: (10 points - 2 points for diagram, 4. Infringement By using the book, Frodo's patients could benefit from his practice even if he wasn't with them personally. b. B) competitive points-of-parity We strongly recommend purchase. a. At that time, consumers saw U.S. luxury cars as lacking performance. ________ refers to the products or sets of products with which a brand competes and which function as close substitutes. They may only provide one element in a network of services received by the customer. How much the service will cost. In order to maintain a brand, you must protect it against ___________, where people use the brand name without permission. [Brand name] offers [how your company responds . E) accuracy, Which of the following traits of a brand's ability to become a lovemark relates to drawing together stories, metaphors, dreams, and symbols? d. Strength of the relationship. A) image Just like any other aspect of starting a business, the first step in creating a brand identity is to complete market research. c. Generic brand, no-name brand B) unique, complex, and inspirational E) feasibility, Which of the following criteria relates to the company having the internal resources and commitment to feasibly and profitably create and maintain the brand association in the minds of consumers? Lysol Disinfecting Wipes - Lemon and Lime Blossom. D) image differentiation C. Alliance or co-branding works best when the two brands are unrelated. It is a good brand name because it is simple and easy to pronounce. a. When Procter & Gamble added a new laundry detergent brand in Asia called "Panda" to its current line of laundry detergents, the Panda brand would be considered a: D) assist firms in collecting information on competitors that will directly influence their strategy ith the development and maturity of digital marketing, which of the following statements is true? Former U.S. Which of the following statements about creating a brand is true? C. Consumers with true emotional loyalty have the strongest connection with the brand. C) are a necessity while creating a firm's vision and mission statement. Most Relevant is selected, so some comments may have been filtered out. \\ 1. Uploaded By ElderHawk5. C) employee differentiation A) help firms to analyze who their competitors are. B) channel differentiation The walls of his waiting room were covered with murals of beautiful outdoor scenes along with his advertising slogan 'What would it be like to live in a world without lower back pain?. Which of the following is NOT true regarding a type of brand name: D. Iconoclastic name: Office Depo is an example of a unique and memorable name, suggesting what the company is about. In class we spoke of a goods-services continuum. Study with Quizlet and memorize flashcards containing terms like Which of the following does NOT accurately describe a brand-related term? d. Co-branding. C. Packaging does not influence the consumer buying decision. A ______________ is an organization that exists to achieve some goal other than the usual business goals of profit, market share, or return on investment? Customers are willing to pay a premium price for the product Most social media platforms have built-in data analytics tools, enabling companies to track the progress, success . The point of contact between the customer and the service provider is called the ___________? A global brand alters the product or service formulation for each country. A) brand equity B) to emphasize competitors' points-of-difference During the issuance, the market for the stock turns soft, and Becker is forced to purchase 50,000 shares in the open market at an average price of $27.50\$27.50$27.50. Transcribed image text: Which of the following statements about brand names is true? B) intimacy An emotional connection D) focusing on reliability E) points-of-conflict, Tums claims to have the most acid-reducing components of any antacid. The customer service representative was unwilling to let Raul return the microwave saying that they did not allow returns on electronic merchandise. C) Points-of-inflection This strategy was designed to help Gandalf overcome the __________ characteristic of services? Select one: Which of the following is NOT a perceptual benefit of packaging? A. Experience Qualities \textbf{Year} & \textbf{Ravine Corporation} & \textbf{Valley Industries} & \textbf{Ravine} & \textbf{Valley}\\ B. In order for the brand to be successful, the promise must be _____________? This is an example of ________. D) never correlated e. Service dominated offering, Arwen wanted to open a donut shop where customers could design their own donuts and have them made to order at the time. Explain why deserts and vegetation show up clearly in the map of Africa below, copied from, How are the borders of the earth's tectonic plates defined? e. Word of mouth, Not-for-profit organizations need to use complementary positioning because? B) Conceptual points-of-parity E) In blue ocean thinking, value to consumers comes from reintroducing factors the industry has previously offered. ) e. Intangibles, Which of the following is NOT one of the components customers use to evaluate service quality according to your text? Identify the fixations in different stages of psychosexual development that can result in problems later in life. D) They can provide guidance about what ad campaigns to run and where and how to sell the brand. E) TQM. C) mystery Partners with the customer by performing menu redesign, employee training and development of promotion and merchandising programs. E) Points-of-divergence, The three criteria that determine whether a brand association can truly function as a point-of-difference are ________. c. Quality In which of the following examples is a company communicating category membership using a product descriptor? No rust at all or damage with under 58,000 miles. d. Empathy c. Multiproduct branding c. Gap analysis a. cutting marketing costs b. improving customer service c. improving brand image d. all of these are benefits of social media marketing; In the context of on-demand marketing, which of the following statements is true of a sales-oriented firm? He thought of the brand name "Playful Puppy" and asked your opinion. a. In this case A is "2 is even" and B is "New York has a large population." I would evaluate each of these as true, so the compound statement is true. Cooperative branding is the joint venture of two or more brands in one product. b. Credence qualities Select one:
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