Show Chapter 2 Corporate Image and Brand Management 1) Gucci has the image of being a high fashion brand. Answer: TRUE Diff: 2Page Ref: 24 2) A firm's image is based on the feeling consumers and businesses have about the overall organization and its individual brands. Answer: TRUE Diff: 1Page Ref: 25 Objective: 2-1 3) Effective marketing communications are based on a clearly defined corporate image. Answer: TRUE Diff: 1Page Ref: 26 Objective: 2-1 4) What a firm's employees believe about the company's image is far more important than what consumers think. Answer: FALSE Diff: 2Page Ref: 26 Objective: 2-1 5) According to a study by Edelman Asia pacific, perceptions of how the firm dealt with customers ranked as the most important component of corporate image. Answer: FALSE Diff: 3Page Ref: 26 Objective: 2-1 6) Perceptions of a corporation's image are based solely on price and quality. Answer: FALSE Diff: 2Page Ref: 26 Objective: 2-1 7) A corporate image contains both visible and intangible elements. Answer: TRUE Diff: 1Page Ref: 27 Objective: 2-1 8) An organizational policy to actively recruit minority employees would be an element of a company's image. Answer: TRUE Diff: 2Page Ref: 27 Skill: AACSB: Multicultural and diversity Objective: 2-2 1 Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall Integrated Advertising, Promotion, and Marketing Communications 8e (Clow/Baack) Chapter 2 Corporate Image and Brand Management 1) When Domino's Pizza sought to increase sales and return customers, one key tactic was to: A) raise prices. B) enter new markets. C) change the brand. D) buy the largest competing pizza chain. Answer: C Difficulty: Moderate Skill: Definition (Concept) AACSB: Application of knowledge LO: 2.1 How does a brand's image affect consumers, other businesses, and the company itself? 2) The feelings consumers and businesses have about a brand is: A) the result of its advertising program impact. B) brand equity. C) brand image. D) brand persona. Answer: C Difficulty: Easy Skill: Definition (Concept) AACSB: Application of knowledge LO: 2.1 How does a brand's image affect consumers, other businesses, and the company itself? 3) The brand image of an automobile manufacturer such as Porsche, Mazda, Toyota, or Ford might be based on each of the following except: A) evaluations of vehicles. B) whether the company is foreign or domestic. C) economic conditions. D) customer views of company advertising and the local dealership. Answer: C Difficulty: Easy Skill: Application AACSB: Application of knowledge LO: 2.1 How does a brand's image affect consumers, other businesses, and the company itself? 4) Which is not part of a brand image? A) Tangible elements B) Intangible elements C) What the company stands for as well as how it is known in the marketplace D) Governmental regulations that affect the company Answer: D Difficulty: Easy Skill: Definition (Concept) AACSB: Application of knowledge LO: 2.1 How does a brand's image affect consumers, other businesses, and the company itself? 1 Copyright © 2018 Pearson Education, Inc. Which type of brand name does not reflect the company's goods or services?Iconoclastic brand names: do not reflect the brand's goods or services, but instead something that is unique, different, and memorable.
Which type of brand name does not reflect the company's goods or services overt implied conceptual iconoclastic?Overt names reveal what the company does (American Airlines, BMW Motorcycles). Implied names imply what the company is about (Federal Express, IBM). Conceptual names imply the essence of the brand (Google, Krispy Kreme). Iconoclastic names do not reflect the company's goods or services (Apple, Monster.com).
What are the four types of brand names?There are numerous types of brands, but the four most common ones include corporate brands, personal brands, product brands, and service brands.
Which type of brand name reveals what a company does quizlet?Overt name: it reveals what a company does. American Airlines is an example of an overt name. D. Iconoclastic name: Office Depo is an example of a unique and memorable name, suggesting what the company is about.
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