What valuable functions can brands perform for a firm?

Directions: Unless
otherwise stated, answer in complete sentences, and be sure to use correct
English, spelling, and grammar. Sources must be cited in APA format. Your
response should be four (4) double-spaced pages.

Respond to the items below.

1.
Explain customer-perceived value.

2.
Explain total customer satisfaction.

3.
What valuable functions can brands perform for a firm?

4.
Given that the power of a brand resides in the minds of
consumers and how it changes their response to marketing, there are two basic approaches
to measuring brand equity. Briefly, describe each of these approaches.

5.
Incorporating the concepts discussed in this assignment,
answer the following: How does a loyal brand community support the positioning
and branding of a small business? Provide an example to support your
explanation.

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