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With a Suitable Example, Show How Advancements in Technology Help

question 92

Essay

With a suitable example, show how advancements in technology help consumers avoid advertisement cluttering. What implications does this trend hold for advertisers?


Definitions:

English Auction

A method of sale consisting of public bidding where the price ascends, and the highest bid wins the item.

Bid

An offer of a price by a buyer to a seller for goods, services, or financial assets.

Revenue

The income generated from normal business operations and includes discounts and deductions for returned merchandise.

Probability Distribution

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.

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