Question

"Strong Brands". Several companies use their brand as a competitive advantage. Given three brandsyou believe have...

"Strong Brands". Several companies use their brand as a competitive advantage. Given three brandsyou believe have the strongest like hood of remaining a source of advantage in he 21st Century and explain why. Explain the effects you believe the Interne's capbilities will have on the Brands you identified in the previous discussion and should do in light of them.

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Answer #1

Answer: -

Actually, some companies got famous only due to one item which became a brand and people starting to feel that this brand or item increase their personality such brand which makes the world feel different are "Apple", " Ferrari" and "Microsoft".


Among above three first two brands starting to use famous business strategy "pull strategy" and starting to make few products according to need and requirement of people. And honestly speaking these brands will dominate the world in next many decades.

But the third brand Microsoft has changed the world altogether. It will surely be replaced with some other technology in next few decades but honestly speaking till yet Microsoft is the best of bests.

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