Asked by
Maham Sundas
on Oct 29, 2024Verified
While strong brands connect with stakeholders and send messages of optimism and freedom of choice, the ultimate purpose of branding is ______.
A) identity construction
B) to make profits
C) to engage in consumer advocacy
D) greenwashing
Optimism
The inclination to maintain a hopeful and positive outlook on the future or the outcome of specific situations.
Branding
The process of creating a unique image, identity, and position for a product, service, or organization in the consumer's mind through marketing strategies.
Profits
The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
- Identify the influence of branding on the behavior and decisions of consumers.
Verified Answer
KV
Learning Objectives
- Identify the influence of branding on the behavior and decisions of consumers.