2026 FINAL PAPER REVIEW QUESTIONS
ANSWERS BUNDLED PRACTICE COLLECTION
◉ Brand name.
Answer: word, letter, or number representing a brand that can be
spoke
◉ New York Yankees.
Answer: the most successful sports franchise
◉ Trademark.
Answer: device that legally identifies ownership of a registered
brand or name
◉ Brand Equity.
Answer: value that a brand has beyond its actual functioning
benefits
◉ Steps to Establishing a Brand.
Answer: Develop, link, and help
, ◉ Develop.
Answer: customer's mind as part of a class
◉ Link.
Answer: name to function and invoke emotion
◉ Help.
Answer: customers think and feel a certain way
◉ Licensing.
Answer: allowing another company to use a brand name for a fee
◉ Co-Branding.
Answer: combines different brands to increase customer loyalty and
sales
◉ Manufacturer Brand.
Answer: brand owned by producer of the product (ex. all nike
products)
◉ Multi-Branding.