The document discusses branding in management. It defines a brand as a name, symbol or design that identifies a seller's goods or services and differentiates them from competitors. There are many types of brands including individual, service, organization, personal, group, event, geographic, private, media and e-brands. When selecting a good brand name, criteria include being easy to pronounce, recognize and remember, short and distinctive, describing product use and benefits, having a positive connection, reinforcing product images, and being legally protectable. Advantages of branding include penetrating new categories under established brands, leveraging existing loyal customers, boosting brand image, and lower marketing costs. Disadvantages include risk of overextending brands unrelated