Description
ASSIGNMENT
Course Code : MMPM-003
Course Title : Product & Brand Management
Assignment Code : MMPM-003/TMA/JULY/2024
Coverage : All Blocks
Note: Attempt all the questions and submit this assignment to the Coordinator of your
study centre. Last date of submission for July 2024 session is 31st October, 2024 and
for January 2025 sessions is 30th April, 2025.
1 a) Distinguish and discuss with suitable examples the term product and brand one each from
an FMCG and a consumer durable of your choice.
b) Explain with an example the meaning of a Product and Product line. What are the key
reasons/ideas for companies venturing into product lines? Discuss.
Elaborate on the need, necessity and criteria for new product development ideas.
2 a) List out and explain the reasons for firm to consider new product development ideas in
their businesses.
Assume that the country’s lending passenger car manufacturer is contemplating to
introduce a two seater micro car for the Indian market. How will the company set
responsibility for developing this micro car at the corporate level as well as the divisional
level? Explain the kind of role and responsibilities at both the levels.
b) Define a new product. What are the various types of new products that you are familiar
with give examples. It is necessary that the new product needs to be launched? If yes or
no, furnish your reasons to justify.
3a) What is branding? Discuss its strategic relevance. Explain the key branding policy
decisions that are available to the marketer and their advantages and disadvantages.
b) Explain the concept of brand equity. The brand equity development is a process which is
spread over a period of time with continuous brand building effort.
In the light of the above statement you are advised to select a strong and powerful brand
of your choice and track/trace the effort which has gone into the making of a strong and
powerful brand.
4a) As a marketers, what elements of brand you would consider significant that would help in
the task of building brand equity. Select a brand of your choice and discuss the elements
where the brand building was visible over a period of time.
b) Explain your understanding of a domestic brand Vs. global brand.
Explain with an example the key reasons why marketers embark on expanding their
brands to overseas/international markets?
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