Topaz is a brand of wristwatches manufactured by Krypton Inc. Krypton spends little money on advertising, but Topaz is a
Posted: Fri May 20, 2022 7:55 am
Topaz is a brand of wristwatches manufactured by Krypton Inc.
Krypton spends little money on advertising, but Topaz is a highly
successful brand due to its attractive features, exquisite design
and performance. Topaz's success can be interpreted as proof
that
Select one:
a.
advertising is a major barrier to entry.
b.
advertising can minimize competition based on product
improvement.
c.
advertising is not necessary for a brand to be successful.
d.
advertising increases the costs and prices of products.
and.
Product quality is an important determinant of brand success.
With respect to the consumer decision-making process, which
stage can be considered as an immediate result of the alternative
evaluation stage?
Select one:
a.
elaborate essay
b.
problem recognition
c.
purchase decision
d.
information search
and.
post purchase evaluation
According to the "advertising equals information" ideology,
advertising makes consumers
Select one:
a.
give up comparing competitive offers.
b.
become brand loyal.
c.
value product attributes differently.
d.
become more price sensitive.
and.
perceive fewer substitutes for advertised brands.
As a result of advertising, the products or services of large
advertisers are perceived as unique or better than the products of
the competition. This is known as
Select one:
a.
scalability.
b.
diversification.
c.
scale economics.
d.
differentiation.
and.
innovation.
From an economic perspective, advertising can reduce the prices
of a product by
Select one:
a.
reduce economies of scale.
b.
create barriers to entry for smaller companies.
c.
Focus more on persuasion than quality.
d.
create brand loyalty.
and.
make the market more competitive.
Krypton spends little money on advertising, but Topaz is a highly
successful brand due to its attractive features, exquisite design
and performance. Topaz's success can be interpreted as proof
that
Select one:
a.
advertising is a major barrier to entry.
b.
advertising can minimize competition based on product
improvement.
c.
advertising is not necessary for a brand to be successful.
d.
advertising increases the costs and prices of products.
and.
Product quality is an important determinant of brand success.
With respect to the consumer decision-making process, which
stage can be considered as an immediate result of the alternative
evaluation stage?
Select one:
a.
elaborate essay
b.
problem recognition
c.
purchase decision
d.
information search
and.
post purchase evaluation
According to the "advertising equals information" ideology,
advertising makes consumers
Select one:
a.
give up comparing competitive offers.
b.
become brand loyal.
c.
value product attributes differently.
d.
become more price sensitive.
and.
perceive fewer substitutes for advertised brands.
As a result of advertising, the products or services of large
advertisers are perceived as unique or better than the products of
the competition. This is known as
Select one:
a.
scalability.
b.
diversification.
c.
scale economics.
d.
differentiation.
and.
innovation.
From an economic perspective, advertising can reduce the prices
of a product by
Select one:
a.
reduce economies of scale.
b.
create barriers to entry for smaller companies.
c.
Focus more on persuasion than quality.
d.
create brand loyalty.
and.
make the market more competitive.