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4 years ago

Which best describes how advertising influences consumer choice in an oligopoly?

Business

2 answers:

Kobotan [32]4 years ago

7 0

The answer is: D) advertising informs brand knowledge

Brand knowledge refers to how far costumers in the market aware of the existence of our product.

Advertising can be done by paying famous people to promote our product or by paying a spot in media that people consume daily (such as tv shows or magazines). In short, Advertising would definitely create exposure for our products and the brand knowledge that people have toward our product would increase along with it.

ozzi4 years ago

6 0

Which best describes how advertising influences consumer choice in an oligopoly? Answer: D Advertising informs brand knowledge

When you advertise a product, you are informing consumers of the brand and sharing the brand with them. If you fail to inform, you fail to build the brand. However, if you focus and inform your audience well, you are likely going to build a larger brand awareness. In an oligopoly there is limited competition due to a smaller amount of producers and sellers.

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In which of the following gaps of the Gap Model of Service Quality can a lack of the right customer data wreak havoc on service

elena-s [515]

Answer:

Gap 1: management’s perceptions of customer service expectations versus actual customer expectations of service

Explanation:

Lack of the right customer data can wreak havoc on a service delivery if the management’s perceptions of customer service expectations versus actual customer expectations of service isn't in sync.

It arises due to management's lack of full understanding on what customers want or need with respect to a number of sources. This gap can be closed by doing proper market research.

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3 years ago

What can be researched about a nonprofit organization through a regulatory agency?

Alex787 [66]

Answer:

The level of compliance to nonprofit status regulations.

Explanation:

A non profit association (NGO) is a non-benefit, native based gathering that capacities autonomously of government. Operational NGOs, which spotlight on improvement projects.

Although NGOs are constantly responsible monetarily to contributors, there are no lawful way to control their exercises abroad. (A few governments have compromised NGOs' assessment status when they have reprimanded the international strategy of the benefactor government.)

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3 years ago

Read 2 more answers

An assembly line with 30 activities is to be balanced. The total amount of time required for all 30 activities is 45 minutes. Th

Schach [20]

Answer:

The needed cycle time must be 1.4 min

Explanation:

Given:

Production time per day $t = 420$ min

Desired unit of output per day $X = 300$

Total activity $= 30$

For finding cycle time,

From the formula of cycle time,

$t' = \frac{t}{X}$

$t' = \frac{420}{300}$

$t ' = 1.4$ min

Therefore, the needed cycle time must be 1.4 min

6 0

3 years ago

His photo shows a label that appears on food products in the United States. This label is an example of producer innovation in a

Nady [450]

Answer:

The correct answer would be option C, Regulation by a government agency.

Explanation:

There is no photo given, but i searched it on internet and i found that a photo labeling the Nutritional Facts is attached with this question at some other sites. So taking that into account, it is clear that the label of nutritional facts appear on all products produced by all producers in the country because it is a regulation by a government agency which asks producers to write down the nutritional value for the product they are making to make the people aware of the nutrition of the product which they are going to buy. So option C would be the appropriate answer.

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4 years ago

Read 2 more answers

Just cazuals, a brand of street wear in california, recently advertised its newly launched line of clothing. the firm pays spydr

sashaice [31]

This is an example of Keyword advertising

3 0

3 years ago