The term branding refers to
A) the licensing of a name, phrase, design, symbol, or combination of these for a period of 17 years, at which time a firm may renew its intellectual property rights to them.
B) the value added to the product from the additional features given to a product beyond its functional attributes.
C) the identification of an organization's products based upon individual SKUs.
D) an organization's use of a name, phrase, design, symbol, or combination of these to identify its products and distinguish them from those of competitors.
E) the establishment of a commercial, legal name under which a company does business.
Correct Answer:
Verified
Q204: Trading up refers to
A) adding product features
Q209: Reducing the number of features, qualities, or
Q210: Any word, device (design, sound, shape, or
Q216: A brand name refers to
A)a product's identifier
Q217: Reducing the package content without changing package
Q219: The strategy of trading down involves
A)adding product
Q222: The marketing of low-cost copies of popular
Q223: Which of the following barriers does downsizing
Q224: The Coca-Cola Co. is the _ of
Q227: Counterfeit products steal sales from the original
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