Target Exam

CUET

Subject

Business Studies

Chapter

Marketing

Question:

Match List – I with List – II.

List - I

List - II

 (A) Brand Name 

 (I) That part of a brand which can be recognised

 (B) Brand Mark

 (II) brand that is given legal protection

 (C) Brand

 (III) part of a brand, which can be spoken

 (D) Trade Mark

 (IV) a name, term, sign, symbol, design or some combination of them

Choose the correct answer from the options given below :

Options:

(A)-(I), (B)-(III), (C)-(III), (D)-(IV)

(A)-(I), (B)-(III), (C)-(II), (D)-(IV)

(A)-(III), (B)-(I), (C)-(IV), (D)-(II)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(III), (B)-(I), (C)-(IV), (D)-(II)

Explanation:

The correct answer is option 3- (A)-(III), (B)-(I), (C)-(IV), (D)-(II).

List - I

List - II

 (A) Brand Name 

 (III) part of a brand, which can be spoken

 (B) Brand Mark

 (I) That part of a brand which can be recognised

 (C) Brand

 (IV) a name, term, sign, symbol, design or some combination of them

 (D) Trade Mark

 (II) brand that is given legal protection

 

(A) Brand Name- (III) part of a brand, which can be spoken.
Brand name helps in creating product differentiation, i.e., providing basis for distinguishing the product of a firm with that of the competitor, which in turn, helps in building customer’s loyality and in promoting its sale.

(B) Brand Mark- (I) That part of a brand which can be recognised.
Brand Mark is that part of a brand which can be recognised but which is not utterable is called brand mark. It appears in the form of a symbol, design, distinct colour scheme or lettering.

(C) Brand- (IV) a name, term, sign, symbol, design or some combination of them.
A brand is a name, term, sign, symbol, design or some combination of them, used to identify the products— goods or services of one seller or group of sellers and to differentiate them from those of the competitors. For example, some of the common brands are Bata, Lifebuoy, Dunlop, and Parker. Brand is a comprehensive term, which has two components—brand name and brand mark.

(D) Trade Mark- (II) brand that is given legal protection.
A brand or part of a brand that is given legal protection is called trademark. The protection is given against its use by other firms. Thus the firm, which got its brand registered, gets the exclusive right for its use. In that case, no other firm can use such name or mark in the country