CHAPTER 1 INTRODUCTION 1.1 BACKGROUND OF THE PROBLEM/STUDY Branding is one of the most important aspects of the marketing arena. In this world of ever increasing competition and removal of barriers to trade due to the enforcement of the WTO (World Trade Organization), branding has become even more important. In a situation where a multitude of alternatives are available to the consumer at lower prices, the establishment of a strong brand name is extremely important. A strong brand…
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