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SEMI - Obj 6 Terms Review

AB
BrandA design, name, symbol, term, or word that distinguishes and identifies a company and/or its products or services.
Corporate brandrepresents the entire company or organization.
Product brandrepresents a specific product of a company or organization.
Private distributor brandalso called a store brand, these products are branded under the private distributor’s label.
Brand nameIncludes all of the combined impressions and experiences associated with a particular company or product.
Brand identityConsists of a spoken name and the corresponding design, logo, or symbol.
Brand imagethe consumers’ beliefs about the company and/or its goods or services. This is affected by quality, price, and value.
Brand equityThe perception of added value a product has as a result of its brand name. It is an intangible perception or memory
TrademarkA word, phrase, symbol, or design that identifies and distinguishes the company from others. These have legal protection through the US Patent and Trademark Office.
Service markthe same as a trademark but for a service.
Trade characterA personified symbol that represents the brand name.
LicensingThe permission to copy the name, logo, or trademark of a league, athlete, sports team, entertainer, film, television show, or character for a fee, also called a royalty.
LicensorThe rights-holder of the name, logo, or trademark.
Licenseethe Company paying for the permission to use the name, logo, or trademark.
Licensed prodcutsThese are manufactured by licensees under an agreement with a licensor.
LicenseIssued to another company that will manufacture, market, and sell the licensed products.
BootleggingThe unauthorized use of a name, logo, or trademark of a league, athlete, sports team, entertainer, film, television show, or character.


Business Teacher
Southern High
NC

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