Brand extension - Samenvattingen, Aantekeningen en Examens

Investment Cost of Marketing Entry Strategies correct answers Exporting Licensing Contract Manufacturing Joint Venture Equity Stake or Acquistion Licensing correct answers A contractual arrangement whereby one company (the licensor) makes a legally protected asset available to another company (the licensee) in exchange for royalties, license fees, or some other form of compensation. Contract manufacturing correct answers limited commitment of financial and managerial resources and quic...

*Certified Distinction Grade Work* Contains and covers all aspect of Unit 28 Learning Aim A,B, and C with the highest quality: Learning aim A: Investigate the role of branding in a selected business Learners will understand the principles of branding, the value of a brand and the benefits and drawbacks of branding to a business. A1 Principles of branding • Product: good or service. • Branding: the elements that define the image, ethos and tone of a business and its products. • Bran...

Calculating segment profitability correct answers Segment size x segment adoption percentage x purchase behavior (x amount of times purchased per year) x profit margin % - Fixed costs Calculating market share ratios correct answers company's sales / total market share x 100 Changing product mix breadth correct answers Decrease: to address changing market conditions or meet internal strategic priorities (ex: to focus on a different product line) Increase: to capture new or evolving m...

CMKG CPCM Practice Exams 2024 A. Market shares. Through a compilation of banners in the data. -Answer-Which of the following analytics is NOT available in retailer POS data? A. Market shares. Through a compilation of banners in the data. B. All of these analytics are available in retailer POS data. C. Trends. Through time variations available in the data. D. Sales and profit analysis. Through total store, aisle, department, brand, and segment. E. Shopper insights. Through transactional an...

Chapter 1 Contemporary Marketing 1) The American Marketing Association’s updated definition of marketing is a process that identifies a need and then offers a means of satisfying that need. Answer: FALSE Diff: 2 Type: TF Page Ref: 4 Skill: Recall LO: 8 2) Organizations that concentrate on what they are capable of producing follow a marketing orientation. Answer: FALSE Diff: 2 Type: TF Page Ref: 6 Skill: Recall LO: 3 3) An organization that focuses on selling more...

CMKG CPCM Mini Exams Questions and Answers D. Cannibalization -Answer-A Retailer introduces a new item in Category A that causes Category B buyers to switch their purchases from Category A to Category B. What is this an example of? A. Brand extension B. Incremental contribution C. Product Line extension D. Cannibalization True (space planning) -Answer-True or false? When you're completing an assortment and space planning project, it's best to import the item level data directly into t...

AMCA MAC Exam Guide (Latest 2024/ 2025 Update) 100% Correct Questions and Verified Answers| Grade A Q: Muscles that act on knee joint exhibit 2 actions: Answer: flexion and extension Q: Co insurance is calculated based on Answer: % of charge Q: You are working as a medical intake at an urgent care center. Three patients walk in at 9am with various illnesses, you need to decide who will be seen first. What process will you use to determine the order in which the p...

Brand Elements - Answer--Understand essential aspects of a brand -Elements that help distinguish one brand - Brand Names, website, characteristics, logos, slogans, Color Schema Brands - Answer--Are the touch points to consumers -Promise to deliver specific benefits with products of services to consumers Brand Definition - Answer-A name, team, sign, symbol, or design, ot combination of them, intended to identify the goods or services of one seller or group of sellers and to differentiate...

Agile - ANS An umbrella term used to describe a group of iterative incremental product development principles and methodologies that support the Agile Manifesto Agile Manifesto - ANS A conceptual framework that emphasizes four central values and twelve supplemental principles encompassing an iterative and people orientated approach to product development. (Also called the Manifesto for Agile Software Development.) Agile Theory - ANS Holds that Agile is designed to follow a non-lin...

CMKG CPCM Exams 2024 final for actual exam D. Cannibalization - CORRECT ANSWER-A Retailer introduces a new item in Category A that causes Category B buyers to switch their purchases from Category A to Category B. What is this an example of? A. Brand extension B. Incremental contribution C. Product Line extension D. Cannibalization True (space planning) - CORRECT ANSWER-True or false? When you're completing an assortment and space planning project, it's best to import the item lev...