Deriving from the above, a brand is also the term for a registered trade name. Brand names such as Coca-Cola and Walmart are considered to be of very high monetary value. A modern company's 'brand' might include the company's name, logos, slogans, famous people who endorse the company, and more nebulous public perceptions that the company wishes to cultivate as part of its 'brand identity'.
See also: Soft power
Soft power is a nation's capacity to cause others to do things through persuasive/non-coercive means. The American political scientist Joseph Nye introduced the concept of "soft power" in the late 1980s.
Brand Finance, the world's leading brand valuation consultancy, annually list the countries with the strongest soft power.
Brand Finance's 2022 ranking of the 10 countries with the most soft power[1]: