JAMB - Commerce (2024 - No. 45)

Branding is the assigning of trade marks to goods for the purpose of......... by the public.
demand
replacement
stabilization
identification

Explanation

Branding involves the creation and application of distinctive trade marks (such as logos, names, symbols, or slogans) to goods or services. The primary purpose of branding is to enable the identification and differentiation of products or services from competitors in the marketplace. By associating specific trade marks with goods, branding helps consumer identify and recognize a particular product or service, thereby distinguishing it from others. Effective branding can create a unique and recognizable identity for a product or company, contributing to brand loyalty and influencing consumer purchasing decisions.

Comments (0)

Advertisement