Importance of Advertising in Business
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Questions and Answers

What is the estimated yearly growth rate for employees in advertising related industries compared to other industries?

  • 15%
  • 20%
  • 32% (correct)
  • 40%
  • When advertising's function is to inform, what type of consumer responses is the emphasis on creating or influencing?

  • Happiness or satisfaction
  • Emotions or reactions
  • Purchases or decisions
  • Knowledge or beliefs (correct)
  • What is the main motive for an advertiser to use an informational appeal?

  • To promote competitor products
  • To avoid providing information
  • To confuse consumers
  • To communicate something new and potentially relevant (correct)
  • According to Abernethy and Franke (1996), which product category is more likely to use informational appeals?

    <p>Durable goods</p> Signup and view all the answers

    In which type of culture are informational appeals more often used in advertising?

    <p>Developed, industrialized cultures</p> Signup and view all the answers

    What are some of the most frequently communicated types of information through informational appeals?

    <p>Performance, availability, components, price</p> Signup and view all the answers

    What is one of the key roles of advertising mentioned in the text?

    <p>Facilitating competition among firms</p> Signup and view all the answers

    How does advertising benefit consumers, according to the text?

    <p>It informs consumers about new and existing products</p> Signup and view all the answers

    What is one of the consequences of advertising mentioned in the text?

    <p>It stirs competition between firms as competitors may lower prices</p> Signup and view all the answers

    Which of the following is NOT mentioned as a source of funding for mass media in the text?

    <p>Subscription fees</p> Signup and view all the answers

    What is stated about the advertising industry's role in employment?

    <p>It is an important employer</p> Signup and view all the answers

    Which countries are mentioned as maintaining a public service broadcasting system?

    <p>Great Britain, Germany, and the Netherlands</p> Signup and view all the answers

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