State the five types of avenues big business marketers use to get their message out. Briefly describe three of those five types covered in this chapter.

What will be an ideal response?


Traditional means of conveying a message includes advertising, sales promotion, public/press relations, direct marketing, and personal selling.
Advertising: Advertising is often used to support the corporate identity and value propositions that are established through public relations efforts. Part of conveying your message to your customers, advertising outlets include newspapers, magazines, billboards, television, and Internet banner ads.
Public relations are activities used to establish and promote a favorable opinion by the public. Public relations includes publicity and other forms of communication to the public in general. Publics that are routinely the target of these messages include government, shareholders, education systems, special interest groups, neighbors to the firm, competition, other business in general, employees and potential employees, investors, and potential clients.
Press relations are those activities you do to influence or increase media coverage of your business. Media include newspapers, magazines, websites, blogs, radio, and television. These can be targeted to the general public or for specific groups like industry or trade associations, professions, neighborhoods, or lines of business.

Business

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During this past year, a small publishing company sold 60,000 copies of Super Travel paperbacks (its only product) at $5 per book; total fixed costs were $14,000; and total variable costs were $3 per book. What is this company's breakeven point in units?

a. 9,800 units b. 7,000 units c. 28,000 units d. 14,000 units

Business

Nonverbal communication is culture bound

Indicate whether the statement is true or false.

Business

According to the LPC theory, leader task structure is the power inherent in the leader’s role itself, and it is the least important factor in determining situational favorableness.

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

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One concern about employee use of social networking sites is that sensitive company data can be revealed

Indicate whether the statement is true or false

Business