1. The definition of ,, Brand ,, as per the AMA is : ,, name, term, sign, symbol, or design, or a combination of them intended to ........goods and services of one seller or group of sellers and to ......... them from those of competition ,,
1. Identify, differentiate 1 2. Strengthen, differentiate 3. Highlight, identify 4. None of the above 5. - 2. The inter-relationship between Products and Brands is 1. Product > Brand 3 2. Product = Brand 3. Product < Brand 4. They are un related 5. - 3. Key Branding challenges and oppurtunties include 1. Plethora of challenges thus cannot be defined. 4 2. Economic variability, technological innovation, diverse customer, political instability 3. Breakthrough innovation environment, high cost of customer contact, heightened awareness levels among consumers 4. Savvy customers, Brand Proliferation, Media fragmentation, increased competition, increased costs, greater accountability 5. - 4. Intangible aspects of brand includes 1. Emotional benefits 3 2. Self Expressive benefits 3. Both a and b 4. Neither a or b 5. - 5. History of branding was influenced by the following major eras 1. Economic depression of the 1930s 4 2. Scientific discoveries in the 1950 , s 3. E revolution in the 90 , s 4. All of the above 5. - 6. Homogenous shopping products are defined as 1. There is no perceived difference in quality or performance. Demand is very elastic, and the customer is willing to shop for the brand with the lowest price. 1 2. There is no perceived difference in quality or performance. Demand is very inelastic, and the customer is willing to shop for the brand that is most easily available 3. There is no perceived difference in quality or performance. Demand is very elastic, and the customer is willing to shop for the brand that has the highest recall 4. None of the above 5. - 7. The evolution of branding has meant that now brands are controlled by 1. Activists 2 2. Consumers 3. Corporates 4. Politicians 5. - 8. Brand Positioning is about creating a 1. Distinctive proposition to help win creative awards 2 2. Distinctive place in consumer mind for competitive advantage 3. Distinctive place in consumer mind irrespective of competition etc 4. None of the above 5. - 9. The twin aspects while evaluating ,, frame of reference ,, while crafting Brand Positioning are 1. Assessing market : ie consumers and assessing competition 1 2. Assessing global presence of own products and assessing local competition 3. Assessing competition and assessing regulatory environment of market 4. Assessing market i. consumers and assessing global trends. 5. - 10. In a print ad, Brand X says that it has ,, 25 vital nutrients that help children grow taller, faster. ,, The ,, 25 vital nutrients ,, are the Brands ....... and the ,, growing taller, faster ,, attribute being spoken of is its........ 1. RTB, POP 3 2. POP, POD 3. RTB, POD 4. POD, Brand Identity 5. - 11. Brand Y launches dissolvable capsules that turns into a delicious, lip smacking carbonated soft drink when put in 200 ml of water. The price of one capsule equals the price of 200 ml of bottled soft drink. Brand Y is available in leading stores, and has launched it marketing campaign starring Salon Khan ( a leading film star; who in the past has also endorsed Pep and KoKe- leading soft drink makers.). The POD, for Brand Y is 1. Celebrity presence 2 2. Product format i.e capsule 3. Taste 4. All of the above. 5. - 12. The positioning dimension/ positioning peg that a brand selects , needs to be 1. Product based 4 2. Price based 3. Emotional benefit based 4. Could be anything 5. - 13.
,, POP and POD are always complementary ,, This statement is 1. Always true 3 2. Always false 3. May or may not be true 4. POP is a consumer irrelevant concept; so POD has to be highlighted in isolation only. 5. - 14. Brand Positioning statement captures 1. For whom...... Brand X that is .......which gives.....because....... 1 2. For whom.....Brand X that is....... which gives...... 3. For whom.....Brand X that is....... while other brands are........ 4. For whom....Brand X that used to be.......but now........ 5. - 15. A useful way to assess a Brands positioning strength within the identified product space is 1. Mental Map 4 2. CBBE model 3. Value chain 4. Perceptual map 5. - 16. The succinct truth about what a brand stands for , is termed as 1. Brand Identity 4 2. Brand archetype 3. Brand image 4. Brand essence 5. - 17. Brand identity has 6 interrelated facets, namely 1. Physical facet, personality, culture, self expressive benefit, reflected consumer, consumer mentalisation 2 2. Physical facet, personality, culture, relationship, reflected consumer, consumer mentalisation 3. Physical facet, company vision, culture, relationship, reflected consumer, consumer mentalisation 4. Physical facet, personality, culture, secondary assosciation, reflected consumer, consumer mentalisation 5. - 18. In the Kapferer Brand Identity model , the target consumers ,, inward mirror ,, has been termed as 1. Reflected consumer 2 2. Consumer mentalisation 3. Relationship 4. None of the above. 5. - 19. To construct a Brand Essence , the three parameters used are 1. Target audience, competition, product usp 3 2. Communicate, simplify, inspire 3. Emotional modifier, descriptive modifier, Brand modifier 4. Emotional modifier, functional modifier, value modifier 5. - 20. Mental map is an outcome of 1. Brand associations 1 2. Brand equity 3. Brand RTB , s 4. Consumer segmentation 5. - 21. Brand ABC is a sports goods brand; with the promise of ,, superior performance for relentless people ,, . It showcases itself to be someone who would find out the way through his or her own courageous acts and often always be the winner akin to believing that when there is a will there is a way. This description best typifies the 1. Ruler archetype 4 2. Outlaw archetype 3. Sage archetype 4. Hero archetype 5. - 22. Brand XYZ is a personal care brand with the promise of ,, transformational beauty ,, . It showcases diverse women - accomplished celebrities, models, home makers, office goers who endorse the unbelievable improvements that they have experienced . This description best typifies the 1. Caregiver archetype 3 2. Creator archetype 3. Magician archetype 4. Everyman archetype 5. - 23. Brand equity as defined by Aaker is 1. A set of brand assets and liabilities linked to a brand, its name, symbol, that only add to the value provided by a product or service to a form and/or to that firms customers. 3 2. The differential effect that brand knowledge has on consumer response to the marketing of that brand. 3. A set of brand assets and liabilities linked to a brand, its name, symbol, that add to or subtract from the value provided by a product or service to a form and/or to that firms customers. 4. The differential effect that brand knowledge has on shareholder response to the performance of the brand. 5. - 24. The attributes that are common between Aaker and Keller models on brand equity are 1. Brand awareness , Brand Image, Loyalty 1 2. Perceived Quality and Other legal financial metrics 3. Loyalty and perceived quality 4. Nothing is in common between the two models. 5. - 25. The multipliers in the Brand Value chain model refer to the 1. The 4 stages of value transfer leading to shareholder value creation 2 2. The extent to which value created at one stage transfers to the next stage. 3. Source of the CBBE brand equity model by Keller 4. Framework beyond which brand equity cannot be affected by any other factor. 5. - 26. - 1. - 0 2. - 3. - 4. - 5. - Q.No. Question Options Answer 1. Key Branding challenges and oppurtunties include 1. Plethora of challenges thus cannot be defined. 4 2. Economic variability, technological innovation, diverse customer, political instability 3. Breakthrough innovation environment, high cost of customer contact, heightened awareness levels among consumers 4. Savvy customers, Brand Proliferation, Media fragmentation, increased competition, increased costs, greater accountability 5. - 2. Brand Positioning is about creating a 1. Distinctive proposition to help win creative awards 2 2. Distinctive place in consumer mind for competitive advantage 3. Distinctive place in consumer mind irrespective of competition etc 4. None of the above 5. - 3. Brand Y launches chewable chocolates that give the same great indulgent taste of a milk chocolate for over 10 minutes; as it is in a chewable format. Brand Y is available in leading stores, and has launched it marketing campaign starring Piggy Chopstar ( a leading film star; who in the past has also endorsed Cad and Berry leading chocolate makers.). The POD, for Brand Y is 1. Celebrity presence 2 2. Product format i.e chewable chocolate 3. Taste 4. All of the above. 5. - 4. Brand Positioning statement captures 1. For whom......and X that is ........which gives.....because....... 1 2. For whom....... Brand X that is....... which gives........ 3. For whom........Brand X that is...... while other brands are....... 4. For whom.......Brand X that used to be........but now...... 5. - 5. A useful way to assess a Brands positioning strength within the identified product space is 1. Mental Map 4 2. CBBE model 3. Value chain 4. Perceptual map 5. - 6. In the Kapferer Brand Identity model , the target consumers ,, outward mirror ,, has been termed as 1. Reflected consumer 1 2. Consumer mentalisation 3. Relationship 4. None of the above. 5. - 7. Brand XYZ is hotel brand with the promise of creating an unforgettable experience- of intimacy and a complete awakening of the senses. There is something to delight and rejuvenate mind , body an soul . This description best typifies the 1. Innocent archetype 3 2. Magician archetype 3. Lover archetype 4. Caregiver archetype 5. - 8. Brand equity as defined by Aaker is 1. A set of brand assets and liabilities linked to a brand, its name, symbol, that only add to the value provided by a product or service to a form and/or to that firms customers. 3 2. The differential effect that brand knowledge has on consumer response to the marketing of that brand. 3. A set of brand assets and liabilities linked to a brand, its name, symbol, that add to or subtract from the value provided by a product or service to a form and/or to that firms customers. 4. The differential effect that brand knowledge has on shareholder response to the performance of the brand. 5. - 9. Brand ABC is a music channel that has carved its own niche by launching edgy, dark reality 1. Ruler archetype 2 shows that take on the so called established norms of society. The hosts on this show are all Page 3 personalities that tend to be in the news for some controversy or the other. This description best typifies the 2. Outlaw archetype 3. Hero archetype 4. Sage archetype 5. - 10. Some business lines, which cannot be branded are 1. Religions 4 2. Educational institutes 3. Online social networking web sites 4. None of the above. 5. - 11. The brand elements that are offensive strategies of marketeers and help build brand equity are 1. Transferability, adaptability, protectable 4 2. Memorability, likability, adaptability 3. Memorability, adaptability, meaningfulness 4. Memorability, likability, meaningfulness 5. - 12. Advertising has evolved largely owing to changes in 1. Will of business owners 2 2. Socio-economic conditions and consumer evolution 3. Growth in manufacturing & services sector > agricultural sector 4. Monetization of media industry 5. - 13. Intangible aspects of Brand management includes 1. User imagery 3 2. Country of origin 3. A and B only 4. Neither A nor B 5. - 14. Emergency convenience product means 1. Customer has immediate need for product: price and perhaps even quality are of small concern. Demand is inelastic and place is important. 1 2. Customer has immediate need for product: price and quality are of high concern. 3. Customer has immediate need for product: price, place and quality are of small concern. 4. Customer has immediate need for product but Demand is elastic given the day-to-day nature of the product. 5. - 15. While crafting the Positioning statement, and looking at ,, Frame of reference ,, , a technique that helps gain consumer understanding. 1. Funneling 3 2. Prospecting 3. Segmentation 4. None of the above 5. - 16. Competition companies are in 1. Products from Related industry offering similar functional benefits 2 2. Product offering similar functional and emotional benefits 3. Direct products offering similar functional benefits 4. None of the above. 5. - 17. Consumer perception of what the brand stands for is termed as 1. Brand Identity 3 2. Brand Positioning 3. Brand Image 4. Brand Archetype 5. - 18. The ,, external ,, factors in the Kapferer Brand Identity Model are 1. Physical facet, Relationship, reflected consumer 1 2. Personality, Culture, Consumer mentalisation 3. Physical facet, Relationship, Personality 4. Physical facet, Personality, Culture 5. - 19. The heart and soul of a brand that captures the essence of what a brand stands for, is termed as 1. Brand Identity 2 2. Brand Mantra 3. Brand Archetype 4. Brand Positioning 5. - 20. Multiple Brand Associations can be captured on a 1. Mental map 1 2. CBBE model 3. Carl Jungs 12 archetypes 4. None of the above 5. - 21. The brand knowledge aspect as defined by Keller in the CBBE model include 1. Brand awareness and brand loyalty 2 2. Brand awareness and brand image 3. Brand image and brand loyalty 4. None of the above 5. - 22. The CBBE model prescribes 4 steps for brand building progressing from building Salience and culminating in 1. Resonance i.e intense loyalty 1 2. Affinity i.e positive feelings and Judgement 3. TOM recall i.e top of mind reference when asked about category 4. None of the above. 5. - 23. David Aakers model includes 5 elements, namely 1. Brand Awareness, Brand Loyalty, Brand Positioning, Perceived Quality, Others ( i.e trademark, patents etc) 3 2. Brand identiication, Brand affinity, Brand Associations, Perceived Quality, Others ( i.e trademark, patents etc) 3. Brand Awareness, Brand Loyalty, Brand Associations, Perceived Quality, Others ( i.e trademark, patents etc) 4. Brand Awareness, Brand Loyalty, Brand Assosciation, Perceived brand image, Others ( i.e trademark, patents etc) 5. - 24. The value model prescribed by Keller, the multiplier that impacts value transition from Customer mindset to Brand Performance is 1. Program quality multiplier 2 2. Marketplace condition multiplier 3. Investment multiplier 4. None of the above 5. - 25. In a print ad, Brand X says that it has ,, 20% more fluoride than other toothpastes that help whiten teeth within 7 days. ,, The ,, 20% more fluoride ,, is the Brands ....... and the ,, whitening of teeth within 7 days ,, attribute being spoken of is its 1. RTB, Functional benefit 1 2. POP, Emotional benefit 3. RTB, POP 4. POD, Brand Identity 5. - 26. - 1. - 0 2. - 3. - 4. - 5. - Q.No. Question Options Answer 1. What is the key question being discussed in the case 1. Managing and assessing brand equity 4 2. Managing and assessing the brand positioning across key power brands 3. Managing and assessing brand quality and sales performance 4. Managing and assessing brand extensions 5. - 2. A brand extension failure that HUL faced was 1. Lifebuoy Gold 4 2. Lux toothpaste 3. Fair and Lovely shampoo 4. Vaseline Talc 5. - 3. In the 90 , s, HUL expanded operations via 1. Through new product development 3 2. Through the power brand startegy 3. Through mergers and acquisitions 4. Through scaling up of regional brands 5. - 4. Advantages that HUL enjoyed owing to brand extensions 1. Instant recognition of products, Credibility 3 2. Early acceptance with much less advertising outlay 3. Both a and b 4. Only b 5. - 5. In the year 2000, HUL examined its strategy and decided to 1. Resources behind 30 power products out of 110 4 2. Divest from non profitable product lines 3. Acquire regional players at subsidized cost 4. Put resources behind 30 power brands out of 110 5. - 6. The one brand; for which almost all brand extensions were successful was 1. Ponds 2 2. Axe 3. Sunsilk 4. Lux 5. - 7. An acceptable result of brand extension is when 1. Brand extension i.e the new product may sell below its own sales target but there is no decline in sale of the existing product 2 2. Brand extension i.e the new product sells well without affecting sales of the existing product 3. Brand extension increases recall of both the new product and the existing product 4. Brand extension i.e new product achieves its own target; though there is a decline in the existing product 5. - 8. Lifebuoy had been synonymous with ,, health and hygiene ,, . Through its brand extensions, Lifebuoy attempted to 1. Own the space of ,, health and hygiene ,, by launching as many relevant product lines. 2 2. Tap new consumer segments 3. Grab market oppurtunties before competitors could do so. 4. Move away from the ,, health and hygiene ,, space and occupy an alternate brand assosciation, by launching newer products (This was done as research had shown that health and hygiene is not desirable when in comes to personal care products) 5. - 9. A product category where Lux failed to make successful inroads and products had to be eventually withdrawn was 1. Sun protection products 4 2. Shampoo 3. Neither a nor b 4. Both a and b 5. - 10. HLL has withdrawn some brand extensions because 1. They did not possess the internal capabilities to support those launches 2 2. Some new extensions did not meet their policy that the new variant must have significant market share of its own to justify introduction in the market 3. Consumer segments accepted the product, but these segments were too niche and thus had limited business potential 4. All of the above. 5. - 11. - 1. - 0 2. - 3. - 4. - 5. - Q.No. Question Options Answer 1. A ,, watch-out ,, for brand extensions is that 1. They can encourage brand switching 4 2. They dilute the marketing support for the master brand 3. They may diffuse brands imange rather than reinforcing it 4. All of the above. 5. - 2. A brand extension failure that HUL faced was 1. Lifebuoy Gold 2 2. Ponds toothpaste 3. Lux toothpaste 4. Fair and Lovely shampoo 5. - 3. A bad result from a brand extension is when 1. The launch of the new product causes a decline in the sale of the existing product. 1 2. The launch of the new product has no impact on the sale of the existing product. 3. The launch of the new product causes a decline in the recall of the existing product 4. The launch of the new product has no impact on the recall of the existing product. 5. - 4. HUL , s foray into the hair colour segment was because 1. As market leaders in personal care, HUL wanted to ensure its presence across all product categories 2 2. L , oreal entered the Indian market 3. Sunsilk was dwindling as a brand, and a new brand extension could revitalize it 4. None of the above. 5. - 5. HLL , s strategy has largely centered around 1. Launching completely new brands 3 2. Launching completely new products 3. Launching variants and extensions 4. Acquiring regional brands and marketing them nationally 5. - 6. When a product idea is in itself very strong, the right thing to do would be 1. Launch only as a brand extension of a brand that is the market leader in the same or related product category 3 2. Launch only as a brand extension of a brand that is the market follower in the same or related product category 3. Evaluate Launch as a new brand 4. Launch only as a brand extension of a brand that is struggling for growth in order to revitalize it. 5. - 7. With Lakme, and its brand extensions, HUL showed that brand extensions are about 1. Launching newer products even for niche consumer segments 4 2. Investing in completely new business models as long as they backed by mega shifts in consumer trends. 3. Neither a nor b 4. Both a and b 5. - 8. The one brand; for which almost all brand extensions were successful was 1. Ponds 2 2. Axe 3. Sunsilk 4. Lux 5. - 9. Fair and Lovely faced stiff competition on account of 1. Other fairness creams that promised similar results 4 2. Launch of fairness soaps that promised similar benefits 3. Global brands that were perceived to be more premium 4. All of the above. 5. - 10. Key challenge faced by HUL as an organisation towards the year 2000 was 1. Entry of global premium brands threatening the established HUL brands 3 2. Greater interference by parent company Unilever in local Indian operations 3. Limited growth opportunities given the maturity of the market and high penetration levels. 4. High growth oppurtunties in moderately profitable product lines; while sluggish oppurtunties in the highly profitable product lines. 5. - 11. - 1. - 0 2. - 3. - 4. - 5. - Q.No. Question Options Answer 1. Godiva Europe , s production capacity is located in 1. Brussels 1 2. Prague 3. Belarus 4. Bahamas 5. - 2. Japanese market is important because 1. High sales volume 3 2. High per capita chocolate consumption 3. High realization 4. Low import duties 5. - 3. Chocolate consumption is the highest in 1. Western Europe 3 2. Eastern Europe 3. Northern Europe 4. Southern Europe 5. - 4. In Belgium the maximum purchase of chocolates happens for 1. Self consumption 4 2. Family Consumption 3. Largely Seasonal ( Christmas) gifting 4. Gifting 5. - 5. Belgian chocolates are appreciated in France owing to the efforts made by 1. Godiva 3 2. Corne Toison 3. Leonidas 4. Jeff de Bruges 5. - 6. The problem of seasonality is massive in Japan, with 75% of sales happening around 1. Christmas 2 2. Valentine Day 3. Parents Day 4. Independence day 5. - 7. A key business issue facing Godiva management is 1. Finding the optimal compromise between automisation and hand made chocolates 1 2. Tackling seasonality in big markets such as Japan 3. Standardizing packaging across all markets 4. Differentiating brand image in each market versus competitors 5. - 8. The aspect that Godiva would like to standardize across markets is 1. Taste 3 2. Pricing 3. Retail stores 4. Packaging 5. - 9. The key advertising task for the Belgian market is to 1. Increase frequency of purchase of chocolates 4 2. Make the brand image more ,, luxurious ,, in order to arrest the decline of sales inspite of price increases ( 7% sales volume was lost after a 10% price increase) 3. Make the brand image more youthful 4. All of the above. 5. - 10. A weakness that Godiva has in the Belgian market is 1. Premium price 4 2. Inferior product wrt taste and quality 3. Non standardized retail stores 4. Old fashioned image 5. - 11. - 1. - 0 2. - 3. - 4. - 5. - Q.No. Question Options Answer 1. The acquisition of Corne Toison was done with the objective of 1. Reinforcing imagery of premiuness that both Godiva and Corne Toison shared 4 2. Differentiate between the imagery of Godiva and Corne Toison 3. Leverage production capacity of the factory 4. B and c 5. - 2. Godiva chocolates belong to the sub category of 1. Candies 2 2. Praline 3. Industrial chocolates 4. Chocolate bars 5. - 3. Birthplace of Praline chocolates 1. Prague 2 2. Brussels 3. Japan 4. USA 5. - 4. In Belgium where the brand Godiva has its roots; it is considered 1. Differentiated and enjoys unique brand assosciation 4 2. Is considered most premium brand with strong loyalists 3. Is considered most ideal for gifting owing to premium imagery association and the highest product assortment within a box 4. Is not clearly perceived as different compared to other leading competitors 5. - 5. The absence of the ,, chocolate culture ,, is a challenge whilst introducing Belgian chocolates in 1. Spain 3 2. UK 3. Germany 4. Holland 5. - 6. A key aspect that is different among the triad ( USA, Europe and Japan) is 1. Growth rates 1 2. Consumption occasion 3. Rate per kg 4. No of duty free shops in each market 5. - 7. Wrt Pricing policy Godiva aims to 1. Ensure it charges premium; but is not the most expensive brand in any market 2 2. Standardize pricing across Europe 3. Standardize pricing across the two foreign markets i.e USA and Japan 4. Take price reduction measures in flagship market i.e Belgium where Leonidas is taking share away. 5. - 8. Having a uniform advertising message across markets is a challenge owing to 1. Differences in level of maturity of market 1 2. Difference in pricing policy across markets 3. Difference in product type being sold across markets ( gift boxes vs bars) 4. All of the above 5. - 9. The marketing team at Godiva is convinced that a standardized advertising campaign is 1. Not possible owing to cultural differences 2 2. Possible only for European markets 3. Possible for Europe, USA and Japan 4. None of the above. 5. - 10. The higher market share for Leonidas in Brussels is on account of 1. Leonidas has much higher share for self consumption occasions 1 2. Leonidas has much higher share for gifting occasions 3. Leonidas has much higher share for both self consumption & gifting occasions 4. Leonidas has much higher share in duty free shops. 5. - 11. - 1. - 0 2. - 3. - 4. - 5. -