Published by:
University of California, Berkeley
Length: 15 pages
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Abstract
A corporate brand, which is based on the characteristics of the firm as well as its products, can play a critical role in a company''s brand portfolio. It can help differentiate the firm, support internal brand building, facilitate brand management, build credibility, and provide a vehicle for communicating with and maintaining support among broad external constituencies. However, defining and successfully managing the corporate brand requires the firm to address a number of challenges, including maintaining its relevance to the company''s strategy, demonstrating its benefits to consumers, and avoiding negative associations or controversies.
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Abstract
A corporate brand, which is based on the characteristics of the firm as well as its products, can play a critical role in a company''s brand portfolio. It can help differentiate the firm, support internal brand building, facilitate brand management, build credibility, and provide a vehicle for communicating with and maintaining support among broad external constituencies. However, defining and successfully managing the corporate brand requires the firm to address a number of challenges, including maintaining its relevance to the company''s strategy, demonstrating its benefits to consumers, and avoiding negative associations or controversies.