Why is the decision whether to create or not to create a brand is important for a company?

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter12: Developing And Managing Products
Section: Chapter Questions
Problem 3DYMP
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1.  Why is the decision whether to create or not to create a brand is important for a company?
2. Why is selecting a name so important to branding and success of the product?
3. What is the importance of packaging design for the product?
4. If you were a product manager, how will you improve your product branding name?

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ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing