Which of the following statements is true of advertising?

a. The total costs of advertising are typically low.
b. The messages in advertising are personalized.
c. The cost per contact in advertising is low.
d. Innovative media are not used in advertising.


ANSWER: c

The cost per contact in advertising is low. One of the primary benefits of advertising is its ability to communicate to a large number of people at one time.

Business

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Haptics refers to the use of gestures and facial expressions

Indicate whether this statement is true or false.

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The marketing cost of retaining customers is much higher than the cost of replacing them

Indicate whether the statement is true or false

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One reason that products are likely to fail in the marketplace is ______.

A. misunderstanding the target market B. correct product positioning C. failure to meet government regulations D. failure to meet ISO requirements

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Which of the following statements is true of the just-in-time operating environment?

A) Simplicity and quality are good, but inventories and nonvalue-adding activities are not. B) Inventories are necessary to support the production function. C) Just-in-time is based on push-through production concepts. D) Just-in-time is based on the scientific management principles established by F.W. Taylor.

Business