Asked by Colleen Tercek on May 17, 2024
Verified
Brand purpose helps overcome a deficit in what part of the brand?
A) Improvisation
B) Character
C) Newness
D) None of these
Deficit
A situation where expenditures exceed income or imports surpass exports in an economic context, leading to a shortfall.
Brand Purpose
The core intention of a brand that extends beyond commercial transactions to include emotional and social values, aiming to inspire customer loyalty and advocacy.
Brand Character
The unique set of human-like attributes and qualities associated with a brand that forms its personality, aiding in consumer connection and differentiation.
- Acquire knowledge about the significance of brand purpose and authenticity.
Verified Answer
CW
Candace WilliamsMay 23, 2024
Final Answer :
B
Explanation :
Brand purpose helps to overcome a deficit in character by providing a deeper meaning or reason for a brand's existence beyond just selling products or services. It defines what a brand stands for and its values, which can significantly influence consumer perception and loyalty.
Learning Objectives
- Acquire knowledge about the significance of brand purpose and authenticity.