wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Branding

Total questions: 22

Worksheet time: 12mins

Name
Class
Date
1.

A marketing strategy that utilizes multiple brand names on a good or service as part of a strategic alliance.

Also known as “brand partnership” 

a)

Co-branding

b)

Mixed Branding

c)

Rebranding

d)

Brand Extension

2.

When Do Companies Use Co-Branding?

a)
  • When two companies want to collaborate on a specialized product.

b)
  • When an acquisition or merger occurs, and the brand association needs to be transferred.


c)
  • When the technologies and expertise of a brand could benefit that of another brand.

d)

When two company want to come together and take each others customers, leaving them with no money.

3.

Co-branding works well when...

a)

the two (or more) brands complement each other. However, when mismatched, they can create good things for themselves.

b)

The two (or more) brands complement each other. However, when the same, they can create problems for both brands.

c)

The two (or more) brands complement each other. However, when mismatched, they can create problems for both brands.

d)

The one brand complement itself. However, when mismatched, they can create problems for both brands.

4.

Potential Benefits of Co-Branding:

a)
  • - Gain market share with exposure to new customers

    - Increase revenue with new customers

b)
  • - Products are more limited than a single-brand product

  • - If product does not do well, both brands are to blame


c)
  • -Too strong of a partner will dilute your brand

  • -Too weak of a partner will bring down your brand

- Possibility of negative publicity

d)
  • - Gives your brand more attention and interest

  • - If product does well, the positive acknowledgement is shared between both brands

5.

Potential Risks of Co-Branding:

a)
  • - Too strong of a partner will dilute your brand

  • - Too weak of a partner will bring down your brand

  • - Possibility of negative publicity

b)
  • - Can alienate customers that are used to a single brand name

  • - Products are more limited than a single-brand product

  • - If product does not do well, both brands are to blame


c)
  • - Gain market share with exposure to new customers

  • - Increase revenue with new customers

d)
  • -Gives your brand more attention and interest

  • -If product does well, the positive acknowledgement is shared between both brands

6.

To attract more customers and/or increase sales, companies will employ brand strategies, such as:

a)
  • Brand Extensions

  • Co-branding

  • Mixed Branding

  • Re-branding

b)

Demographic

Geographic

c)

Price

Place

Promotion

Product

d)

Population

Time

Area

Place

7.

Re-branding...

a)

A marketing strategy that utilizes multiple brand names on a good or service as part of a strategic alliance.

b)

Changing a brand name, logo, or image of a product or company

8.

 When small elements, such as the logo, of a brand are tweaked

a)

Re-branding

b)

Partial Re-brand

c)

Total Re-Brand

d)

Brand

9.

When a brand attempts to erase any previous brand identity, such as their brand name

a)

Total Re-brand

b)

Partial Re-brand

c)

Brand

d)

Co-Brand

10.

Why Would a Company Re-brand?

a)

A company chooses to rebrand when they want to.

b)

A rebrand happens when a company want to not change their logo.

c)

A rebrand usually happens when a company wants to evolve or shift, usually to drive growth.


d)

A rebrand usually happens when a company does not want to evolve or shift, usually to drive growth.


11.

Companies will choose to rebrand when...

a)

This also can be the result of a recent event, such as a public relations crisis, a new merger or acquisition, or even if the company develops a new vision or philosophy.

b)

This can also be because of the company not having a scandal or a new merger.

c)

This could be because they don't want to expand their brand or become more appealing.

d)

This could be because they want to broaden their appeal, reposition themselves in the market, or they are expanding into a new market.


12.

Why do companies reposition?

a)

Companies reposition when they have so much money and can do whatever they want without a care in the world.

b)

Companies reposition their business to target a completely new target market, whether its through changes in product, price, place, or promotion

c)

Companies choose to reposition when they want to appeal to the customers they have always had.

d)

Companies reposition when they don't want to change their product, place, price, or promotion.

13.

What is an example of re branding?

a)

Dunkin Donuts changing to Dunkin'

b)

Krispy Creme turning into chicken wings

c)

Mastercard changing to Truist

d)

Gap changing to Old Navy

14.

When do companies refresh their brand?

a)

Companies usually refresh their brand if they are expanding into new markets, especially international markets, as they run the risk of consumers not identifying with the current logo or promotional campaigns

b)

Companies always refresh their brand when they don't want many people to know about it.

c)

Companies usually refresh their brand if they are expanding into old markets, especially small markets, as they run the risk of consumers not identifying with the current logo or promotional campaigns

15.

New Vision or Philosophy happens because...

a)

Since the mission and vision of a company guides every decision that the company makes, when there is a shift or pivoting in the mission and values, it affects branding decisions 

b)

The mission of a company to not change views or decisions and doesn't affect the brand what so ever.

c)

Companies usually restart their brand if they are expanding into new markets, especially international markets, as they run the risk of consumers not identifying with the current logo or promotional campaigns

16.

When rebranding is done right, a ________ will usually see an _____ __ _______ from new and existing customers, increase in product value, and a chance to stand out among its competitors

a)

marketing/decrease in sales

b)

marketing/increase in sales

c)

company/decrease in sales

d)

company/increase in sales

17.

However, unsuccessful rebrands can lead to the exact opposite: _______ ______, facing ______ criticism, etc. 

a)

gaining customers/positive

b)

losing customers/positive

c)

losing customers/negative

d)

gaining customers/positive

18.

To avoid a rebranding fail, a company should:

a)
  • Never underestimate any emotional bond consumers have with its old brand logo, colors, or designs

b)
  • Make sure the logo is easy to understand and read

c)
  • Be original in its designs, so as not to be confused with other brands

d)
  • Ensure that the logo shows what industry the company is operating in

19.

Total Brad

a)

Radio Shack --> The Shack

b)

Master card changing their look

c)

Wendy's having a new slogan

20.

Total Rebrand

a)

Dunkin Donuts changing to Dunkin'

b)

Facebook going by a completely new name

c)

Radio Shack turning to The Shack

d)

Master card changing it's logo

21.

When two company's come together

a)

Merger

b)

Re-brand

c)

Total Re-brand

d)

Partial Re-brand

22.

Is branding important

a)

Yes

b)

No

c)

Maybe

d)

I don't know