Exam 14: Branding and Packaging

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Decisions regarding the shape and texture of a package are influenced by whether the product will be used by males or females.

(True/False)
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Multiple packaging interferes with handling and storage of products.

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Brand preference is a degree of brand loyalty in which a customer definitely prefers one brand over competitive offerings and will purchase this brand if available.

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What functions do packages perform? Why are packaging considerations important to marketers?

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Compared to creating and developing a brand from scratch, a firm sometimes buys a brand from another company at a premium price because outright purchase is:

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Brand names should be different from the company name to avoid confusion.

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The most important function of packaging is:

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What are the major functions of a label?

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Brand ____ is a customer's favourable attitude toward a specific brand and, depending on its strength, some likelihood of the consistent purchase of this brand.

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Labelling is important for three specific reasons, including promotional and legal reasons. What is the third reason?

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Brand licensing gives a company the ability to gain more revenue and low-cost or free promotional exposure.

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Using Figure 14.6, explore how Tetra Pak promotes the functionality and applicability of its cartons.

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Four major elements underlie brand equity including brand name awareness, brand loyalty, perceived brand quality, and brand associations.

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McDonald's golden arches are an example of a:

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Brand equity is a customer's favourable attitude toward a specific brand and, depending on strength, some likelihood of consistent purchase of the brand when needs for a product in this product category arise.

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The full and legal name of an organization is called the:

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What is the relationship between brand loyalty and brand equity?

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Which of the following should be the least important concern for marketers when selecting a brand name?

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The overall challenge for marketers when developing packaging is to:

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The value, measured in either marketing or financial terms, associated with a brand's strength in a market is referred to as brand:

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