Exam 2: Enhancing Brand Equity and Accountability

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People learn cultural values,form beliefs,and become familiar with the physical manifestations,or artifacts,of these values and beliefs through _____.

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C

Which personality dimension has General Motors attempted to create for its repair services through its hypothetical "Mr.Goodwrench," who represents the name and "face" of the trained technicians who work in thousands of GM dealerships?

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A

Marketing communicators draw meaning from the culturally constituted world and transfer that meaning to consumer goods.

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True

In which approach to enhancing brand equity do marcom practitioners attempt to build advantageous associations through creative,attention getting,and believable messages?

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Specific measures that are used to judge marcom effectiveness are also called _____.

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As a brand's equity increases,its elasticity of demand _____.

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The effect of marcom,or of its specific elements such as advertising,can be gauged in terms of whether it generates a reasonable _____.

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The vast majority of marketing executives and marketing academics are against gauging the effect of marcom efforts in terms of the return on marketing investment,or ROMI,because it is almost impossible to measure.

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Maria is asked by a market researcher to list all the brands of toothpaste she can think of.Which type of awareness is this assessing?

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Research has identified _____ dimensions that seem to capture the personalities of a variety of consumer brands.

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What is the most complicated problem of all when assessing marcom performance?

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Which of the following is NOT a reason for the difficulty in measuring marcom effectiveness?

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Luxury items,such as Rolex watches,generally score high on which brand-related personality dimension?

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Discuss the reasons accounting for the difficulty in measuring marcom effectiveness.

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To employ marketing-mix modeling,a relatively long series of longitudinal data (i.e.,two-year period)is required.

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Marketing-mix modeling employs multivariate regression analysis to estimate the effects that the various advertising and promotion elements have in driving sales volume.

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Brand equity occurs when the consumer considers two competing brands to be similar.

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The EquiTrend survey asks respondents to rate a number of brands in terms of which two dimensions?

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Whatever the measure chosen,any effort to meaningfully assess marcom performance requires having data that are reliable and valid.

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Marketing-mix modeling typically employs which statistical technique to estimate the effects that the various marcom elements have in driving sales volume?

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