Commercial Applications
Identify which of this is NOT the advantage of Advertising to the consumers:
- Advertisement creates a direct link between the Producer and Consumer
- It provides educational value
- It reduces the possibility of cheating of consumers
- It helps to meet the competition in the market
Advertising
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Answer
It helps to meet the competition in the market
Reason — "Helping to meet competition in the market" is an advantage of advertising to manufacturers, not to consumers. The other options (direct link, educational value, reducing cheating) are all advantages to consumers.
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Based on the information given above, which of the statement given below describes the term brand?
- Brand means the process of assigning a distinctive name to the product by which it is to be known and remembered.
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