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Paraphin [41]
3 years ago
12

Which of the statements is true regarding advertising? Perfectly competitive firms have the strongest incentive to advertise. Ad

vertising is only potentially effective if a firm has some market power. Advertising increases economic efficiency. All of the statements are true regarding advertisements.
Business
1 answer:
myrzilka [38]3 years ago
7 0

Answer:

The correct statement about the advertisement is that, it is the only potential as well as effective toll if the firm or business has the market power.

Explanation:

Advertising is the term which is stated as the medium by which the firm informs the potential customers or clients about the goods and services, arouse interest as well as induce the buyers to buy the product.

It helps in differentiate the products and also build the brand. So, in case the firm does not have the market power, then the firm would not have the no control over the quantity and the price of the product, which lead to ineffective advertising.

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Sanders Inc. claims that it only uses organic cleaning products in its janitorial services. In reality, the company buys whateve
labwork [276]

Sanders Inc. claims that it only uses organic cleaning products in its janitorial services. In reality, the company buys whatever is cheapest in bulk. This is an example of greenwashing.

Greenwashing is the system of conveying a false impression or supplying deceptive facts approximately how an agency's products are more environmentally sound. Greenwashing is taken into consideration by an unsubstantiated claim to lie to purchasers into believing that a agency's merchandise is environmentally friendly.

Greenwashing additionally called "green sheen", is a form of advertising and marketing spin wherein green PR and green advertising is deceptively used to influence the general public that an agency's merchandise, ambitions, and rules are environmentally friendly.

A traditional instance of greenwashing is when Volkswagen admitted to dishonest emissions tests by becoming diverse cars with a “defect” tool, with a software program that might discover whilst it changed into undergoing an emissions test and altering the overall performance to reduce the emissions degree.

Learn more about greenwashing here brainly.com/question/21992794

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6 0
2 years ago
True or false?
IRISSAK [1]

Answer:

The statement is: True.

Explanation:

A competitive advantage is an advantage an individual, organization or country has over its competitors. That competitive advantage can be a comparative advantage when the entity has found a way to implement lower opportunity costs in its production process or a differential advantage if the firm provides a product or service with a unique feature difficult to replicate by competitors.

8 0
3 years ago
Snyder's-Lance is a leading snack-food company. The following note was contained in its recent annual report:
Mademuasel [1]

The reported ending inventory was $43,112 thousand. If FIFO were used exclusively, the ending inventory would have been $6,964 thousand higher than reported, or $50,076 thousand.

Inventory refers to all the items, goods, goods, and materials that a business holds for sale in the market to make a profit. Example: If a newsagent uses a vehicle to deliver newspapers to customers, only the newspapers are considered inventory. A car is treated as an asset.

The manufacturer has three types of inventory. There are raw materials (awaiting processing), work in process (processed), and finished goods (preparing for shipment). The LIFO method assumes that the most recently purchased inventory units are sold.

Learn more about inventory at

brainly.com/question/24868116

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6 0
2 years ago
Bank of America’s _____________ provides information such as its interest expense, or the interest the bank paid depositors, and
OleMash [197]

Answer:

3. income statement

Explanation:

Bank of America’s income statement provides information such as its interest expense, or the interest the bank paid depositors, and its interest income, or the interest it earned by investing deposits over a period of time. This document also states the bank’s other revenues and expenses for the time period.

5 0
3 years ago
The aims of mercantilists do not include
fomenos

Answer:

B) achieving political and economic unity

Explanation:

The goals of mercantilism were to increase the wealth of the government (accumulate gold and silver) by controlling economic affairs, and ultimately increasing the power of the nation (both economic and military). You must remember that mercantilism was popular during the 17th and 18th century when democracy didn't exist, and the Kings and Queens were eager to increase their personal wealth, power and greatness.

4 0
3 years ago
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