According to the PIMS project findings, the two most important factors influencing profitability are:
a. sales cost and market demand.
b. product quality and market share.
c. profit margin and market share.
d. profit maximization and competition.
Question 2If a consumer is asked how strong their attitude is toward a brand, they are being asked to perform a rating task.
Indicate whether the statement is true or false
Question 3A frequent criticism of advertising is that it causes people to buy items or services that they do not need.
Indicate whether the statement is true or false
Question 4TalkTel, a mobile telephony company, offered low introductory rates to new users with a validity of three months after which rates were raised. Teaser rates like this one are often used to achieve the:
a. objective of meeting competition.
b. volume objective of pricing.
c. profitability objective of pricing.
d. prestige objective of pricing.
Question 5Researchers may assess the affective (emotional) components of attitudes through physiological measures.
Indicate whether the statement is true or false
Question 6The FTC has extensively regulated advertisements for violent films, video games, and music that target children.
Indicate whether the statement is true or false
Question 7Comparable merchandise sold within a state need to maintain specified minimum prices as required by:
a. fair-trade laws.
b. unfair-trade laws.
c. price-discrimination strategy.
d. loss-leader pricing tactics.
Question 8The cognitive component of attitude expresses how much affinity someone has toward the relevant matter.
Indicate whether the statement is true or false