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SRM Final Exam questions with verified answers graded A+

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SRM Final Exam questions with verified answers graded A+

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SRM Final Exam

Branding - correct answer ✔✔The promotion of a product or service by identifying it with distinct
characteristics (usually associated with public perception, quality or effectiveness)



Advertising objective - correct answer ✔✔Develop around desired benefits



Promotional objective - correct answer ✔✔to inform, to persuade, to remind, to phase out



Promotional appeals - correct answer ✔✔Fear, humor, sex appeal, drama



Hierarchy of effects - correct answer ✔✔1. Unawareness

2. Awareness

3. Knowledge

4. Liking - goodwill

5. Conviction

6. Action



BCG Matrix - correct answer ✔✔a means of evaluating strategic business units on the basis of (1) their
business growth rates and (2) their share of the market



4 P's of Marketing - correct answer ✔✔Product, Price, Place, Promotion



Sponsorship agreements can include - correct answer ✔✔- Right to use logo, name, trademark

- Right to an exclusive association

- Right to use phrases/catch words

- Right to conduct promotional activities
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