MANAGEMENT

BUISENESS MANAGEMENT

ADVERTISING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A ____ is a range of products that sells for a much higher price than other similar products because of its higher quality or better brand image e.g. Ferrari, Louis Vuitton
A
Pure brand
B
Premier brand
C
Professional brand
D
Premium brand
Explanation: 

Detailed explanation-1: -Definition: Endorsements are a form of advertising that uses famous personalities or celebrities who command a high degree of recognition, trust, respect or awareness amongst the people. Such people advertise for a product lending their names or images to promote a product or service.

Detailed explanation-2: -Data mining combines statistics, artificial intelligence and machine learning to find patterns, relationships and anomalies in large data sets. From this knowledge, a business can discover current behavior and predict future trends.

Detailed explanation-3: -It can include a company’s name, logo, and design; its style and the tone of its copy; the look and composition of its products; and, of course, its social media presence.

Detailed explanation-4: -With standardised global branding, Apple treats the whole world as one market and provides the same kind of products and services to everyone.

There is 1 question to complete.