Miller International Inc. is an organization that manufactures sports goods. It sells hockey sticks (both field hockey and ice hockey) , footballs, baseball bats, cricket bats, and tennis racquets. To expand its market, it also plans to sell sports apparel under the same brand name. Miller International has partnered with Polar Inc., which sells health drinks. Polar drinks now carry the Miller International logo, and some Miller International products also have the Polar logo. Miller International has also made an agreement with a number of small manufacturers that will produce sports apparel under the Miller International brand. Sales being impressive, Miller International decides to discontinue its partnership with Polar and enter into the health drinks segment on its own. The presence of big players and ineffective marketing strategies lead to the failure of Miller International's foray into the health drinks market. The failure also affects the brand image of the company, and there is a dip in the sales of sports goods marketed by Miller International.
-Miller International's failure in the health drinks market also affected its sales of sports goods.This failure was most likely caused by:
A) brand loyalty.
B) brand equity.
C) brand licensing.
D) brand extension.
E) brand dilution.
Correct Answer:
Verified
Q83: Which of the following refers to the
Q84: Miller International Inc. is an organization
Q85: Vintage Inc. manufactures jeans and T-shirts
Q86: Vintage Inc. manufactures jeans and T-shirts
Q87: Gagnon Inc.stocks cheese, exotic wine, and fancy
Q89: Vintage Inc. manufactures jeans and T-shirts
Q90: When executives at Poilister Inc., an electronics
Q91: Which of the following is NOT true
Q92: Within each product category, there are often
Q93: Miller International Inc. is an organization
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents