Exam 3: Brand Adoption, Brand Naming and Intellectual Property Issues

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Relative advantage is a function of consumer perception and whether a product is better by objective standards.

(True/False)
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The notions of trial and repeat purchase are particularly apt for _____.

(Multiple Choice)
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It is possible to quantify the five adoption determining factors in terms of their importance and evaluation of effectiveness to arrive at a total score that indicates the likelihood that a new product will succeed.

(True/False)
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The degree to which a product innovation is perceived as better than existing alternatives is termed _____.

(Multiple Choice)
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Individual sounds provide meaning about a brand through a process of sound transference.

(True/False)
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List the four requirements for a good brand name,and discuss how some brands succeed while appearing to be entirely at odds with the "rules" for creating good brand names.

(Essay)
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In general,new brands that lend themselves to trialability are adopted at a more rapid rate.

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_____ patents offer protection for discovery of certain naturally occurring and previously uncultivated plants or for the breeding of novel plants.

(Multiple Choice)
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Innovations that are compatible with a person's existing situation require more effort to incorporate into one's consumption lifestyle.

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List and explain the steps of the brand naming process.Describe how a brand manager for a new brand of detergent would go through the process.

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Abuse of trademarked Disney characters online is an example of trademark counterfeiting.

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Individual sounds,called phonemes,provide meaning about a brand through a process of _____.

(Multiple Choice)
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Sometimes the only way to overcome the perception of a lack of ______ is through heavy advertising to convince consumers that a new way of doing things really is better than an existing solution.

(Multiple Choice)
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A good brand name will help consumers to identify who your competitors are.

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Because there has been a significant amount of research on brand names,new products don't succeed without following the "rules." 

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Kellogg lost the exclusive rights to their cereal name,Shredded Wheat,because the name was used to refer to all cereal made of shredded wheat.This is called _____.

(Multiple Choice)
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The four variables that influence the awareness class include free samples,coupons,advertising,and price.

(True/False)
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In legal terms,brand names and logos are referred to as trademarks.

(True/False)
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The first step in facilitating adoption is to make consumers aware of a new product's or service's existence.

(True/False)
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Patents for inventions including biological,business method,chemical,and software patents are in the _____ category.

(Multiple Choice)
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