A Beer Manufacturer Produces Four Different Brands of Beer,namely,RedStar,RedStar Light,Grande,and
A beer manufacturer produces four different brands of beer,namely,RedStar,RedStar Light,Grande,and Hollis.RedStar is a standard brew,while StarLight has a low alcoholic content.Grande is a low calorie beer,while Hollis is non-alcoholic.Why does the manufacturer use different brand names for each of their products?
A) To minimize the importance of brand equity
B) To enjoy the benefits associated with mass marketing
C) To inform consumers that all the offerings are homogeneous
D) To target specific market segments more efficiently
Correct Answer:
Verified
Q52: _ is defined as the culmination of
Q53: Which of the following observations concerning the
Q54: Identify a method of differentiating a relatively
Q55: Arm & Hammer first introduced a line
Q56: Which of the following statements about brand
Q58: Which of the following statements is true
Q59: Fresh-Cola,Inc.is a manufacturer of carbonated drinks that
Q60: Brand equity is:
A) the set of assets or
Q61: What are fads?
A) Accepted and popular products
Q62: What is diffusion of innovation?
A) It is
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