Correct option is A
A
brand consists of two major components:
1. Brand Name
This is the
verbal part of a brand. It includes letters, words, or numbers that can be spoken—such as
Nike, TATA, Samsung.
2. Brand Mark
This is the
non-verbal part of a brand. It includes symbols, designs, colors, or logos that cannot be spoken—such as the
Nike Swoosh or
Apple logo.
Together, these two components form the complete concept of a
brand. A trademark, on the other hand, is the
legal protection granted to either the brand name, brand mark, or both. It is
not a component of a brand but a legal safeguard.
Hence, the correct answer is
(a) Brand name and brand mark.
In the explanation, the correct option is highlighted
in bold as required.
Information Booster
1. A
brand helps differentiate a product from competitors and builds customer recognition.
2. A
brand name creates verbal identity, while a
brand mark creates visual identity.
3. A
trade mark legally protects the brand elements from imitation or misuse.
4. Strong brands increase customer loyalty, perceived value, and market positioning.
5. Branding is a long-term strategic asset that enhances overall business equity.
Additional Information
·
(b) Brand name and trademark – Incorrect; trademark is a legal protection, not a core component of the brand.
·
(c) Brand mark and trademark – Incorrect; again includes trademark, which is not a component but a legal safeguard.
·
(d) Trademark and logo – Incorrect; a logo is a brand mark, but trademark is not a component of the brand.