Creating and increasing brand loyalty results in a corresponding increase in the value of the _____.
A) firm
B) target market
C) product position
D) market share
E) brand equity

Question

Creating and increasing brand loyalty results in a corresponding increase in the value of the _____.
A) firm 
B) target market 
C) product position 
D) market share 
E) brand equity

Quizplus · Accepted Answer

Brand loyalty leads to increased trust and preference for a brand, which results in increased perceived value, brand awareness, and positive associations, ultimately leading to greater brand equity. This can translate into higher market share and financial performance for the firm.

Creating and Increasing Brand Loyalty Results in a Corresponding Increase