Product and Brand Management Concepts

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Questions and Answers

What term refers to a group of related products marketed under a single brand name by a company?

  • Brand
  • Product
  • Product line (correct)
  • Product mix

Which term describes the recognizable and legally protected symbol, phrase, or word that represents a specific product?

  • Product mix
  • Brand mark
  • Trademark (correct)
  • Brand name

What defines the stages and time span from a product being introduced to its declining stage in the market?

  • Product life cycle (correct)
  • Brand name
  • Brand mark
  • Product line

Which term represents any feature that distinguishes one seller's good or service from those of other competitors?

<p>Brand (B)</p> Signup and view all the answers

What is the total number of product lines that a company offers to its customers known as?

<p>Product mix (C)</p> Signup and view all the answers

What is the term for an item offered for sale?

<p>Product (C)</p> Signup and view all the answers

Which term refers to the symbol, element, art design, or visual image that immediately recognizes a certain company?

<p>Brand mark (C)</p> Signup and view all the answers

What does the term 'product line' refer to?

<p>Group of related products marketed under a single brand name (D)</p> Signup and view all the answers

Which term represents the total number of product lines offered by a company?

<p>Product line (C)</p> Signup and view all the answers

What is the term for the stages and amount of time that a product goes through from being introduced into the market until its declining stage?

<p>Product life cycle (B)</p> Signup and view all the answers

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