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December 2021 Examination
QUESTION
1. American Express,
British
Airways, Ritz-Carlton, and Federal Express
are
strong service brands that have existed for years. However, marketing services is challenging as they
are less tangible than products and more likely
to vary in quality depending on
people providing them. Explain how the above mentioned service brands have used
branding to address intangibility and variability problems? (10 Marks)
Ans 1.
Introduction
A
company's branding impacts customer engagement, competition in the market, and
management. The presence of a company's brand in the market helps differentiate
the products and services of the company from its competitors.
An organization's image is crucial for its success. Brand
management drives initiatives that increase brand awareness, measure and manage
brand equity, identify and incorporate new products for brand positioning, and
effectively communicate
QUESTION 2. AMUL has earned strong
brand equity against its competitors in the dairy category by offering high
quality products at affordable prices. AMUL’s wide range of products is easily
accessible and resonates deeply with its customers for its strong corporate values.
Comment on the strategies AMUL has adopted for successfully creating a brand
image of a healthy, reliable, fun-loving and youthful brand. (10 Marks)
Ans
2.
Introduction
Our nation's agrarian growth and development has been affected by
a brand which has also made a positive contribution to our country's economic
development. In this article, we are going to examine a brand's story from an
enterprise perspective to a primary brander of Amul, the flavor of India. The
entire process began 65 years ago when nearby retailers used hostile,
difficult-working farmers every day and imparted little income to them by using
their facilities. The company was formed by some farmers with the aim of halted
the exploitation of middlemen in
QUESTION 3A. Brand
Mantra has profound implications for marketing of a brand. The Brand Mantra
anchors the brand in the right direction. Nike is a brand with keen sense of
what is represents and its Brand Mantra is “authentic athletic performance”.
Explain how Nike exemplifies its Brand Mantra. (5 Marks)
Ans 3A.
Introduction
Logo mantras, referred to as brand essences, are the final
building blocks of brand positioning. It is valuable to keep in mind that a
brand slogan is short and conveys the essence of the competition, the factors
of difference, parity, and everything else within the brand. One of the mantras
of a brand is to represent it in a way that will remove impurities, a process
that is known
QUESTION 3B. Zomato
is one of the largest food delivery platforms in India. The company’s app provides
its customers with a hassle-free, fast and reliable delivery experience. The 'unprecedented'
interest in its initial public offering (IPO) and its stellar debut on stock
market best explains its acceptance and tremendous success in the food delivery
space. Explain how digital platform based brands like Zomato create customer
engagement? (5 Marks)
Ans 3B.
Introduction
Zomato was created with the ambition of being the leading
discovery and search platform for restaurants when it first came to be. Many of
these eateries had notable names, menus, charges, critiques, and other facts
pertaining to them. The vast majority of eateries in 23 countries received vast
statistics concerning 1.4 million eating places. Over the years, it has evolved
from
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