Test 1 Ch 2 Flashcards
True or False: Brands create value for the company and the customer.
True
True or False: “Brand” can mean many things, but a common definition is a promise to the customer that they will receive something of value for money spent.
True
Brand awareness ____. (Choose the best answer.)
Each of these options
According to the courseware, brand perception ____. (Choose the best answer.)
The intersection between brand promise and brand experience
Having a bad meal or poor service at your favorite fast food restaurant is an example of ____.
Brand experience
Apple is known for its clean design, use of white space, and a generally uncluttered, streamlined look and feel. This is an example of ____.
Brand identity
True or False: Brand relevance means there is only one relevant choice for a consumer and that all other choices are irrelevant
True
True or False: Categories and subcategories are important to building valuable brands.
True
True or False: The Tesla brand is associated with the luxury, high-powered, electric car subcategory of automobiles.
True
True or False: Brands often have personalities, similar to people having personalities.
True
____ is an example of a brand element. (Choose the best answer.)
Each of these options
Brand storytelling is about ____. (Choose the best answer.)
Each of these options
True or False: Brand purpose refers to a brand standing for something deeper than just revenue and profits.
True