Group 11 Marketing Quiz
- Associated Services is also referred to as
- Associated Product
- Augmented Services
- Augmented Product
- Nonphysical Product Aspect
- ______are those for which customers express such a strong preference that they will expend considerable effort to search for the best suppliers.
- Shopping products/services
- Specialty products/services
- Convenience products/services
- Unsought products/services
- Brands
- Facilitate purchases
- Establish loyalty
- Protects from competition
- All of the above
- The relationship between a product's or service's benefits and its cost is its
- Brand awareness
- Perceived value
- Brand associations
- None of the above
- A brand extension is an increase in the
- Product mix’s breadth
- Product line’s depth
- Brand loyalty
- Brand awareness
- _____ is an example of an unsuccessful brand extension
- Cheetos Lip Balm was based on the idea that if you like Cheetos, you would want to wipe it all over your lips
- Bic thought that since people wanted their disposable lighters and razors, they would also want disposable underwear. They were right.
- Colgate Kitchen Entrees were microwavable frozen dinner entrees that shared the name with the famous toothpaste
- Both a & b
- The practice of marketing two or more brands together on the same package, promotion, or store is called
- Brand licensing
- Co-branding
- Rebranding
- None of the above
- An example of a Manufacturer brand is
- Trader Joe’s
- Nike
- Costco
- All of the above
- Brand licensing is
- the practice of marketing two or more brands together on the same package, promotion, or store
- the use of the same brand name in a different product line
- a contractual arrangement between firms whereby one firm allows another to use its brand name, logo, symbols, and/or characters in exchange for a negotiated fee
- a strategy in which marketers change a brand's focus to target new markets or realign the brand's core emphasis with changing market preferences
- The set of assets and liabilities linked to a brand that add to or subtract from the value provided by the product or service is
- Brand Equity
- Brand Awareness
- Brand Loyalty
- Perceived Value
- The primary package is?
- Toothpaste tube
- Wrapper
- Exterior Carton
- All of the above
12. Brand Positioning is also known as?
- Brand Focusing
- Brand placing
- Rebranding
- Brand Licensing
13. The definition of Co- Branding is?
- Contractual arrangement between firms
- The use of the same brand name within the same product line
- Combining brand names of similar products
- The practice of marketing two or more brands together in the same package, promotion, or store
14. Which is a popular form of brand licensing?
- The use of characters created in books and other social media
- Using extra staff to promote products
- Playing adds on the radio
- Both A and C
15. The apple that is always seen on Macintosh products is considered the?
- Mascot
- Symbol
- Term
- Design
16. What is not a component of brand equity?
a)Brand awareness
b)Perceived value
c)Brand associations
d)Brand perception
17. What is an example for brand loyalty?
- Corporate or family brand
- Number of product lines
- Marketing costs are much lower
- Manufacturer brand
18. Which is not a type of product?
- Shopping
- Convenience
- Loyalty
- Unsought
19. A ___ reflects the mental links that consumers make between a brand and its key product attributes, such as logo, slogan or famous person.
- Brand association
- Brand equity
- Brand dilution
- Brand extension
20. An example of co-branding is:
- Peanut butter
- Pizza hut and taco bell
- Jelly
- Exxon
1. C
2. B
3. D
4. B
5. A
6. D
7. B
8. B
9. C
10. D
11. A
12. C
13. D
14. A
15. B
16. D
17. C
18. C
19. A
20. B