stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
SEM Unit Review - Branding and Licensing Flashcards | StudBud
Explore
/
SEM Unit Review - Branding and Licensing
SEM Unit Review - Branding and Licensing
20 terms
·
StudBud Administration
·
123 plays
Imported from external platform
Flashcards
20 cards
F
Practice quiz
P
Host live
L
Questions
20
Answers
1
“Every season starts at Dick’s” is an example of a:
Logo
Mascot
Slogan
2
Increased brand awareness, new revenue streams from merchandise, cross-promotion and brand protection are what?
Licensor advantages
None of the above
Licensee advantages
3
Using a name, design, symbol, or a combination of them to differentiate from your competition is known as:
Sponsorship
Licensing
Branding
4
Celebrities and athletes like LeBron James are becoming managers of their own brands in today's marketing age.
False
True
5
Licensed goods are available in retail department stores, chain stores, and on the Internet.
True
False
6
The products retailer stores like Meijer sell as their own brands are known as
Trademarks
Store brands
Product brands
7
A brand is a device that legally identifies ownership of a registered brand or trade name.
True
False
8
The National Football League (NFL) would be considered a licensor.
True
False
9
What is team-related brand equity?
Brand awareness
Promoting a brand
Positive feelings toward a brand that develop over time
10
T-shirt companies that use pro team logos must have a license in order to put the logos on their shirts and sell them.
False
True
11
Branding could include the use of _________:
Trademarks
All of the above
Logo
Mascots
12
What are the (3) P's of Licensing?
Promotion, place, product
Profit, place, price
Profit, promotion, protection
13
What is sports licensing?
Selling tickets to a Fitz Spartans game
Team/athlete give a company permission (license) to use their name
Process of managing contracts
14
The licensor is the company or individual paying for the rights to use an organization’s name, logo or property.
False
True
15
Which of the following is a guideline for developing a successful brand?
Positive, distinctive and generates goodwill.
Logo easily recognized
All of the above
Easy to remember and pronounce
16
Which of the following is an example of a licensee?
NASCAR
Major League Baseball (MLB)
National Football League (NFL)
EA Sports
17
Who is the licensor?
The person who buys the license
The person who promotes a brand
The person who grants a license to another person or company.
18
A device that legally identifies ownership of a registered brand or trade name is known as a
Product brand
Trademark
Store brand
19
What is brand awareness?
Brand loyalty
Recognition among the public
Consumer beliefs about the company
20
What is licensing?
Suing a company
Testimonials
Authorizing the use of a brand, logo, and/or trademark