MCQ Bank
In which of the following business should be able to clearly state brand positioning?
- A) Inspiration
- B) Direction
- C) Awareness
- D) Understanding
Addition of 2.25 liter bottle by Coca Cola will cause to:
- A) Enhance customer loyalty
- B) Increase customer base and usage
- C) Develop brand image
- D) Generate more profit
The disadvantage of line extension is that it may lead to:
- A) Weak brands range
- B) Lack of scale economies
- C) All of the given options
- D) Retailer power
Which one of the following is indicator of a company’s desire to better meet the demands of the market, not only through differentiated products but also through different brands and there fore different identities?
- A) Brand extension
- B) Line extension
- C) Brand portfolio
- D) Brand diversification
According to Scot M. Davis how many principles are there to update the brand position?
- A) Five
- B) Two
- C) Four
- D) Three
A company should go for brand extensions because:
- A) There is always a low opportunity cost
- B) Extensions can fill all the gaps in the markets
- C) Increase in profit volume required
- D) None of the given options
There are ----------- kinds of brand extensions.
- A) Four
- B) Five
- C) Three
- D) Two
A brand’s positioning can be updated on all of the following criteria EXCEPT:
- A) Credibility
- B) Sustainability
- C) Uniqueness
- D) Commonness
To update brand position is very necessary and there are different criteria to update it. How many criteria are adapted to judge if there is need for updating?
- A) Five
- B) Three
- C) Four
- D) Six
When any brand of cooking oil is launched with new formula (for more safety of health), it is the example of which of the following?
- A) Extending the definition of business
- B) Extending your point of difference
- C) Extending your target market
- D) Extending the entire positioning
A company having two different brands in two different value pyramids comes under which of the following options?
- A) Multibrand portfolio
- B) Owing to acquisition
- C) Owing to growth
- D) Need to have small portfolio
"Better meet the demands of the segmented markets" is the basic purpose of which of the following?
- A) Brand extension
- B) Brand equity
- C) Line extension
- D) Multi-brand portfolio
Brand extension has the direct consequence of competition in which of the following markets/segments?
- A) Developing market
- B) Mature segment
- C) Mature market
- D) Immature market
Yogurt, juice, and milk is an example of which of the following forms of line extension?
- A) Multiplication of physical forms
- B) Multiplication of the type of ingredients
- C) Multiplication of variety of tastes and flavors
- D) Multiplication of generic forms of medicines
“The decision of a company about the number of brands it should be having” depends on all of the following options EXCEPT:
- A) Company’s resources
- B) Corporate objectives
- C) Market size
- D) Degree of competition
Uniqueness of the selling proposition takes ------------- to the positioning.
- A) Value
- B) Credibility
- C) Sustainability
- D) Fit
-------------- comes with keeping the brand contract while organization go through innovations to stay up-to-date.
- A) Sustainability
- B) Value
- C) Credibility
- D) Fit
All of the following are the actions that an organization take instantly for better managing line extensions EXCEPT:
- A) Allocate resources more to high-margin items
- B) Lack of economies of scale
- C) Improve cost accounting systems
- D) Encourage product withdrawal
Strong brand positioning is driven by which one of the following sources?
- A) Customer
- B) Company
- C) Employee
- D) Market
The most important part in the brand extension process is the selection of the destination __________.
- A) Product
- B) Segment
- C) Market
- D) Category