MCQ Bank
In which of the following periods mostly companies like to introduce new brands into the new segment /market?
- A) Saturation
- B) Growth
- C) Product prototyping
- D) Maturity
“The company should be able to clearly state brand positioning.” Which of the following best represents the given statement?
- A) Awareness
- B) Understanding
- C) Inspiration
- D) Direction
According to Scot Davis, how many years are required to change the brand positioning?
- A) Two to six years
- B) Three to five years
- C) Three to six years
- D) Two to five years
A clear positioning statement takes into account all of the given options, EXCEPT:
- A) The competitive benchmark
- B) The target market
- C) The customer’s analysis
- D) The point of difference
If any organization offers coherent product under same brand, this situation falls which one of the following brand strategy?
- A) Line brand strategy
- B) Product brand strategy
- C) Rand brand strategy
- D) Umbrella brand strategy
Which one of the following is NOT the basic determinant of the consumer’s buying action?
- A) Quality
- B) Accessibility
- C) Inferiority
- D) Affordability
The companies could become the leader in the market segment by addressing which of the following needs?
- A) Unmet needs
- B) Unsought needs
- C) Basic needs
- D) Social needs
Usually brand managers may not get into a large portfolio of brands due to some reasons. Which one of the following in NOT the reason for the growth of brand portfolio?
- A) Need to have small portfolio
- B) Owing to growth
- C) Cannibalization
- D) Owing to acquisition
An apparel marketer is planning to launch an existing brand name into a new product category. Which brand development strategy is being implemented?
- A) Rebranding
- B) Brand extension
- C) Line extension
- D) Multibrand
If a company introduce same brand name for several product in different markets then company is applying which one of the following brand strategy?
- A) Rand brand strategy
- B) Line brand strategy
- C) Umbrella brand strategy
- D) Product brand strategy
There is no need to change the positioning if target market ----------- our positioning.
- A) Credibility
- B) Sustainability
- C) Value
- D) Fit
Coke’s offering of 2.25 liter drink is a form of :
- A) Marketing gimmick
- B) Brand extension
- C) Line extension
- D) Diversification
Iron ore and coking coal, the two main raw materials for making steel would be the example of which one of the following products?
- A) Convenience products
- B) Complementary products
- C) Unsought products
- D) Specialty products
In which of the following positioning provides a sense to standardize the operations and service standards?
- A) Awareness
- B) Understanding
- C) Direction
- D) Inspiration
Introducing additional items in the same product category by adding new flavors, forms, colors, ingredients or package sizes, under the same brand name, is known as:
- A) Interactive marketing
- B) Product mix
- C) Line extensions
- D) Service intangibility
The multi-brand policy comes out due to which one of the following options?
- A) Limitation of brand extension
- B) Limitation of market segment
- C) Limitation of brand loyalty
- D) Limitation of brand equity
Which of the following have higher chances of success at lower costs?
- A) Existing brands
- B) New brands
- C) Generic brands
- D) Brand extensions
____________ is basically getting into different versions of the same base product on the same market.
- A) Line extension
- B) Brand diversification
- C) Product extension
- D) Market extension
Which of the following involves the use of a successful brand name to launch new products in a new category?
- A) Brand extension
- B) Private brand
- C) Brand equity
- D) Product line
Every brand manager should endeavor to build a strong brand --------------- for his/her brand.
- A) Equality
- B) Place
- C) Position
- D) Promotion