Which Of The Following Best Describes The Purpose Of Advertising?

Which of the following describes the purpose of advertising?

Advertising has three primary objectives: to inform, to persuade, and to remind. Informative Advertising creates awareness of brands, products, services, and ideas. It announces new products and programs and can educate people about the attributes and benefits of new or established products.

Which of the following terms best describes advertising?

Which of the following words best describes advertising? persuasive. The period in the evolution of advertising that extended from the beginning of recorded history to roughly the start of the nineteenth century was called the: preindustrial age.

Which of the following best describes the main purpose for including advertisements in a newspaper?

The main purpose for including advertisements in a newspaper could be because they attract a broader audience rather than just people who like to read the news, they generate revenue and cover most of the cost of the newspaper staying in business, or they allow the newspaper to showcase its relationship with other

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Which of the following best describes the purpose of market?

Answer: The correct answer is letter “B”: To help producers make more money. Explanation: Market research is conducted to analyze consumer patterns so companies can spot opportunities and threats.

What are advantages of advertising?

Advertising offers the following advantages.

  • (1) Introduces a New Product in the Market:
  • (2) Expansion of the Market:
  • (3) Increased Sales:
  • (4) Fights Competition:
  • (5) Enhances Good-Will:
  • (6) Educates The Consumers:
  • (7) Elimination of Middlemen:
  • (8) Better Quality Products:

What is the important of advertising?

Thus, advertising is important for the customers. Advertising helps producers or the companies to know their competitors and plan accordingly to meet up the level of competition. If any company wants to introduce or launch a new product in the market, advertising will make a ground for the product.

What do u understand by advertising?

Definition: Advertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.

What does IMC mean in marketing?

The concept of integrated marketing communication (IMC) was introduced in the 1980s (Schultz and Schultz, p. 19) and has since changed the way communicators and marketers interact and conduct business.

How does advertising affect the value of a product?

Advertising is expensive and thus raises the cost of goods, but it may encourage competition that keeps prices down. All these effects should lead to an increase of market prices. These different effects of advertising have been called, respectively, the ‘informative’ and ‘persuasive’ effect of advertising.

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Which of these best describes mass media?

Media that is widely broadcast or distributed best describes mass media.

Which of the following best describes the main focus of mass advertising in the 1920s?

Which of the following best describes the main focus of mass advertising in the 1920s? to appeal to Americans’ desires for youth and beauty. to encourage Americans to be frugal. to inform Americans of the prices of consumer goods.

Which explains how revenue is determined?

Which explains how revenue is determined? The total amount of money brought in by sales is calculated.

Which best describes what happens to the amount of a good?

Which best describes what happens to the amount of a good or service that is supplied to consumers? The amount of a good or service can change.

Which of the following describes the main role of advertising in a market economy?

Advertising plays a strong role in the economy: It provides useful information to consumers that tells them about product and service choices, as well as comparing features, benefits, and prices. With more complete information, consumers and businesses often choose to purchase additional products and services.

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