Assertion (A): The brand equity model of Keller identifies five components of brand equity i.e. brand loyalty, brand awareness, perceived quality, brand association and proprietary assets.
Reason (R): The effectiveness of marketing has deteriorated and value to the company has been provided with the help of the brand equity model.
(A) is correct but (R) is incorrect
(A) and (R) are correct and (R) is the correct explanation of (A)
Both (A) and (R) are incorrect
(A) and (R) are correct but (R) is not the correct explanation of (A)
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