Advertising Risks and Outsourcing

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Questions and Answers

What is the process that involves people searching, selecting, purchasing, evaluating, and using a product or service?

  • Consumer behavior (correct)
  • Market segmentation
  • Promotional mix
  • Product development cycle

Which type of agency offers a complete range of services including marketing research, media planning, and creative design of packaging and advertisements?

  • Specialists
  • Full-service agency (correct)
  • Media buying services
  • Creative boutiques

What do specialists agencies typically focus on in the advertising industry?

  • Radio broadcast design
  • Digital advertising (correct)
  • Traditional media buying
  • Print media planning

Which type of businesses are likely to target consumers in their geographical area according to the text?

<p>Local businesses (C)</p> Signup and view all the answers

What advantage does outsourcing to an agency typically offer to advertisers according to the text?

<p>Greater experience and versatile talent (C)</p> Signup and view all the answers

What is the main role of consumer behavior in the context of marketing?

<p>To understand the decision-making process of consumers (B)</p> Signup and view all the answers

What is the main role of Advertisers in the advertising industry based on the text?

<p>Paying for their ad to be shown and briefing agencies on assignments (B)</p> Signup and view all the answers

Which group in the advertising industry is responsible for creating message content and optimizing campaigns?

<p>Ad Agencies (D)</p> Signup and view all the answers

What is the primary function of Media in the advertising industry according to the text?

<p>Planning and buying media space (C)</p> Signup and view all the answers

Which type of company is likely to provide services related to web design and sound production in the advertising industry?

<p>Suppliers (A)</p> Signup and view all the answers

What distinguishes Creative Development done in-house by the client from other methods?

<p>It is owned by the advertiser, providing more control (A)</p> Signup and view all the answers

Which group is responsible for assisting in measuring the effectiveness of advertising campaigns?

<p>Suppliers (A)</p> Signup and view all the answers

What is the main purpose of advertising according to the text?

<p>To persuade consumers to take action (A)</p> Signup and view all the answers

Which model includes the components paid, earned, shared, and owned media according to the text?

<p>PESO Media Model (D)</p> Signup and view all the answers

What are the 4 broad classifications of advertising mentioned in the text?

<p>Consumer, Business-to-Business, Corporate, Advocacy (B)</p> Signup and view all the answers

Which type of advertising is focused on enhancing the brand or company image through paid communications?

<p>Corporate Advertising (C)</p> Signup and view all the answers

What are the 6 trends that impact marketing communications as mentioned in the text?

<p>Competitors, Political, Tech, Social Trends, Demographic, Economic (D)</p> Signup and view all the answers

Which form of marketing communication involves all forms of marketing unified to increase impact on consumers?

<p>Integrated Marketing Communications (C)</p> Signup and view all the answers

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