When Customers Indicate They Know the Brand When the Name

question 25

Multiple Choice

When customers indicate they know the brand when the name is presented to them it is called ______________.

• A)top of mind awareness
• B)aided recall
• C)brand association
• D)brand identity
• E)brand recall

---

Definitions:

Forward Exchange Rate

The forward exchange rate is a contractually fixed exchange rate for a financial transaction that will occur at an agreed upon future date.

Delivery Date

Delivery Date refers to the specific date on which a contract or transaction must be fulfilled, often used in the context of futures contracts and product deliveries.

Forward Exchange Rate

The agreed upon exchange rate for a currency pair to be exchanged on a future date, used in hedging and trading strategies.

Spot Rate

The current market price at which a particular asset can be bought or sold for immediate delivery.