Why do firms spend money and time to advertise?

History

1 answer:

marysya [2.9K]3 years ago

3 0

Firms spend money and time to advertise to showcase their product among the competition.

<h3><u>Explanation: </u></h3>

Advertisement is a form of communication between a seller of goods/services and the consumer. It allows individuals to bring their goods/services in public eye, awarding them of the existence of the said goods/services.

Firms spend a lot of time and money on advertising because it is one of the most effective ways to increase sales and potential customers. It allows firms to expand their market area. As the area expands, so does the base of their audience and hence, more people learn about its existence. An effective advertisement requires time and money so that it looks more attractive and compelling among the competition.

You might be interested in

What was the purpose of missionary journeys?

dedylja [7]

Answer:

B to introduce Christianity to new people

Explanation:

I got a 90 on my test but I got this right.

5 0

3 years ago

Read 2 more answers

Which Allied nation dropped the atomic bomb on Japan in 1945?

sveta [45]

Answer:

"United States"

Explanation:

Before the invasion was to take place, the most destructive war in history came to a shattering and rapid end. On August 6, the United States dropped the first atomic bomb over Hiroshima, ultimately killing as many as 140,000 people. Two days later, the Soviet Union declared war on Japan.

Hope it helps...

It's Muska

5 0

2 years ago

In a divided government, power struggles occur because

Reika [66]

Article 1, sec. 8, of the constitution which gives congress the power to make all laws that are necessary & proper for carrying out its duties

8 0

3 years ago

O que Jesus fazia aos sábado?

Vinvika [58]

It’s in Spanish I don’t understand it