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Sesh 1
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Sesh 1

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Questions and Answers

Which of the following is NOT mentioned as a factor contributing to the need for brands?

  • Geopolitical uncertainty
  • Legislation
  • Consumer preferences (correct)
  • Technological changes
  • What is the definition of a brand?

  • A marketing strategy
  • A logo
  • An intangible asset
  • A person's perception about a product (correct)
  • Who does the text mention as underestimating the power of a brand in the B2B environment?

  • Institutions
  • Consumers
  • Businesses (correct)
  • Individuals
  • Which of the following is NOT a value of Telefónica?

    <p>Innovation</p> Signup and view all the answers

    What is the purpose of Telefónica?

    <p>To make the world more human</p> Signup and view all the answers

    Which brand has Telefónica developed to communicate mobility?

    <p>O2</p> Signup and view all the answers

    What are the corporate colors of Telefónica?

    <p>Blue and green</p> Signup and view all the answers

    Which industry receives the second highest number of complaints from end consumers in Spain?

    <p>Telecommunications</p> Signup and view all the answers

    What percentage of B2B buyers perceive a real difference in B2B supplier offerings?

    <p>14%</p> Signup and view all the answers

    What is the predicted cost of cyber crime and data breaches by 2021?

    <p>$6 trillion</p> Signup and view all the answers

    Why is it important for businesses to align their brand perception with their business reality?

    <p>To attract and retain the best talent</p> Signup and view all the answers

    How many brand impacts do people receive per day on average?

    <p>Up to 3,000</p> Signup and view all the answers

    What is one of the main challenges identified by organizations in terms of talent?

    <p>Culture and commitment</p> Signup and view all the answers

    How many brand impacts does an ordinary citizen receive per day, according to the text?

    <p>3,500</p> Signup and view all the answers

    What is the value of a brand ultimately based on, according to the text?

    <p>Utility</p> Signup and view all the answers

    According to McKinsey, what is the 3rd most important purchasing factor in the B2B environment?

    <p>Brand</p> Signup and view all the answers

    What are the 4 areas to analyze in a brand audit framework?

    <p>Trends &amp; Context, Consumer &amp; Users, Market &amp; Competitors, Company Strategy</p> Signup and view all the answers

    What is the key benefit of a strong brand in the B2B environment?

    <p>Better hiring and retention of employees</p> Signup and view all the answers

    What is the shift that has occurred in the B2B sector?

    <p>From B2C and B2B to B2H</p> Signup and view all the answers

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