Brand Management: Importance, Strategies, and Hierarchy
VerifiedAI Summary
This document explores the importance of branding as a marketing tool and its emergence in business practice. It discusses the key components of a successful brand strategy, strategies of portfolio management, and the hierarchy of brand. The case of Cadbury is examined to understand how the brand is managed collaboratively at domestic and global levels. Additionally, techniques for measuring and managing the value of a brand are explored.