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218 MKT SE – IL - MKT- 02 Product & Brand Management
MBA SEM-II 2021-22 Online Exam
S. P. Mandali's
Prin. N.G.Naralkar Institute of Career Development & Research
536 Shaniwar Peth, Appa Balwant Chowk (ABC Chowk) Pune-411030
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218 MKT SE – IL - MKT- 02 Product & Brand Management
MBA SEM-II 2021-22 Online Exam
Total Questions : 25
Per Questions Mark : 1
Passing Mark : 10
If Amul Ice Cream decides to introduce an apricot flavored Ice cream, it will be an example of_______.
Brand extension
Co-branding
Line extension
Ingredient branding
Clear selection
Right branding increases ___________ of the product, which should be more than that of the generic product.
Market Share
Profit
Sales
Value
Clear selection
A certain bank has a credit card which is known by the name of a famous airline. This is an example of:
Co-branding
Ingredient branding
Sub-brand
Line extension
Clear selection
Xioami, a well-known Chinese brand started its business with Mi branded mobile phone. Later they started producing Television sets with the same brand name. this is an example of:
Co-branding
Brand extension
Ingredient branding
Flanker brand
Clear selection
Companies use ________ for the equity of a brand name to address segment needs.
Brand element
Brand bonding
Sub-brand
None of the above
Clear selection
The strategy adopted by retailers and wholesalers for creating their private brand is called _______.
Store brand
Mega brand
Brand extension
Co-brand
Clear selection
A consumer’s ability to identify a brand, recall its performance and compare it with other brands is called _________.
Brand portfolio
Brand extension
Brand bonding
Brand awareness
Clear selection
There are two aspects of a brand in a brand image – one is association and the other one is ________.
Packaging
Labelling
Personality
Awareness
Clear selection
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
Sub brand
Co-brand
Flanker brand
Ingredient brand
Clear selection
The strategy of using a name, logo, sign, symbol or design, etc. to help consumers identify a product or service, and also differentiate it from competitors is called _________.
Umbrella branding
Branding
Mega branding
Co-branding
Clear selection
__________ ensures repeat purchase and helps marketers overcome competition from other firms.
Brand awareness
Brand loyalty
Brand association
None of the above
Clear selection
A brand-based model reveals the following:
Why customers buy the brands they buy?
What are the underlying motives for their purchasing brands of their preference?
Why companies keep their brands contemporary?
All of the given options
Clear selection
The most important factor in brand management is to ensure that your ___________ must be matching with consumers’ perceptions.
Brand pinnacle
Brand’s persona
Brand associations
Brand value
Clear selection
When we keep the same brand name of new offerings so that customers may develop an immediate familiarity, the resultant phenomenon is known as:
Leveraging
Extension
Diversification
Stretching
Clear selection
Brands are diversified because:
It is essential for brand survival
Some brands have such a high awareness that those are perceived by customers to be in categories where they are not present
Cost-cutting is possible by advertising products with the same brand name
All of the given options
Clear selection
Which of the following brand strategy which gives you the benefit of premium pricing?
Umbrella brand strategy
Line brand strategy
Product brand strategy
Family brand strategy
Clear selection
When two brands join hands to create one brand by using the strong expressions of both, this is known as:
Bundling
Branding
Brand management
Brand equity
Clear selection
______________ is a unique set of brand associations that the brand strategists aspires to create or maintain. These associations represent what the brand stands for and imply a promise to customers__________.
Brand equity
Brand identity
Brand value
Brand strategy
Clear selection
Which of the following is a “concise statement that summarizes brand’s commitment or promise to target consumers and actively communicates the advantage over competing brands”?
Vision statement
Mission statement
Positioning statement
Value statement
Clear selection
Which of the following is considered the first step of the strategic brand management process?
Building brand mission
Building brand vision
Building brand objectives
Building brand picture
Clear selection
Delivery services offered by restaurants and other food chains in our market on phone calls are examples of:
Sales promotion
Direct marketing
Publicity
Personal selling
Clear selection
__________ shows how consistent customers are in buying your brand, how long they have been buying and how long they may buy?
Customer loyalty
Brand loyalty
Product loyalty
Company loyalty
Clear selection
Choosing a suitable international brand name is an important, but often difficult, part of the process that creates a strong and distinctive brand. Which of the following statements about choosing a name for a new soft drink is UNTRUE?
The name should be memorable and easy to pronounce
The name must be checked by experts to ensure it doesn't infringe on another company's brand name
The name should have positive associations with the benefits and features of the product
The brand name must be modern and contemporary
Clear selection
A brand-based model reveals the following:
Why customers buy the brands they buy?
What are the underlying motives for their purchasing brands of their preference?
Why companies keep their brands contemporary?
All of the given options
Clear selection
At the center of a brand’s characteristics is the following:
Identity
Image
Value
None of the above
Clear selection
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