There is an old advertising adage "I know I'm wasting half of my advertising budget. I just don't know which half." What is the lagged effect? How does it contribute to the dilemma of attempting to determine which advertising has an impact and which doesn't?

What will be an ideal response?


The lagged effect is the delayed response to an IMC campaign. Marketers want to see results from their IMC efforts, but often consumers do not immediately act in response to marketing communications messages. This makes it difficult to determine which IMC messages generated results.

Business

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Objectivity means carrying out one's professional responsibilities with competence and diligence

Indicate whether the statement is true or false

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A paralegal who finds himself serving as a bookkeeper, office manager, receptionist, and second chair at trial is probably working in a:

A) large office. B) complex litigation firm. C) small office. D) governmental agency.

Business

The ________ function involves sorting products according to size and quality.

A. buying B. standardization and grading C. financing D. transporting and storing E. marketing

Business

Zenith Radio and other American TV manufacturers brought suit against Japanese TV manufacturers for charging artificially low prices in the United States. Can the Japanese manufacturers be sued in the United States?

Business