60) Brand parity is the:
A) perception that there are no real differences between major brands.
B) feeling that most advertising is false.
C) belief that all advertisers say essentially the same thing.
D) idea that brands are distinct and easy to identify.
Question Tag: Definition (Concept)
AACSB Category: Application of knowledge
Objective: 1-3
61) Michael buys electronic items from the closest retail store because he doesn’t think there is
much of a difference between brands. This is an example of:
A) a poor quality IMC program.
B) standardization.
C) marketing integration.
D) brand parity.
Question Tag: Application
AACSB Category: Reflective thinking
Objective: 1-3
62) When brand parity exists, consumers base purchases on:
A) advertising effectiveness, social media comments, and brand equity.
B) retail store location, price, and coupon or discount offer.
C) price, availability, promotions or other criteria.
D) information found on the internet or on social media.
Question Tag: Definition (Concept)
AACSB Category: Application of knowledge
Objective: 1-3
63) To combat brand parity, the marketing team at a company such as Johnson & Johnson might
claim it:
A) is developing additional products.
B) has found new customers to buy products.
C) has new locations.
D) sells superior products.
Question Tag: Critical Thinking
AACSB Category: Reflective thinking
Objective: 1-3
15