Placing an advertisement on only the three major television networks (ABC, CBS, and NBC) is called narrowcasting.

Answer the following statement true (T) or false (F)


False

Narrowcasting is the dissemination of information (often by television) to a fairly small, select audience that is defined by its shared values, preferences, or demographic attributes. An example would be placing an advertisement for golf clubs on the Golf Channel.

Business

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Explain what is meant by the "user-based definition" of service quality

What will be an ideal response?

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Residual income compares the division's actual operating income with the minimum operating income expected by top management for the given size of the division's average total assets

Indicate whether the statement is true or false

Business

Apex Insurance Company wrote a large number of property insurance policies in an area where earthquake losses could occur

When the president of Apex was asked if she feared that a severe earthquake might put the company out of business, she responded, "Not a chance. We transferred most of that risk to other insurance companies." An arrangement by which an insurer that initially writes insurance transfers to another insurer part or all of the potential losses associated with such insurance is called A) hedging. B) speculating. C) reinsurance. D) loss avoidance.

Business

Using a threatening tone of voice when negotiating a contract may lead to a valid charge of duress

Indicate whether the statement is true or false

Business