At the 20-Year Class Reunion, Classmates Learned That David Had

question 70

Multiple Choice

At the 20-year class reunion, classmates learned that David had become a millionaire. Sara tells her classmates that, "David, like all self-made millionaires, made it because he was smart and hardworking." Sara supports the:

• A) exchange mobility hypothesis
• B) conflict theory
• C) meritocracy argument
• D) entitlement hypothesis

---

Definitions:

Repurchase

The action of buying a product or service again, often used as a measure of customer loyalty or satisfaction.

Advertising Plan

A section of the firm’s overall marketing plan that explicitly outlines the objectives of the advertising campaign, how the campaign might accomplish those objectives, and how the firm can determine whether the campaign was successful.

Ad Campaign

A series of advertisement messages that share a single idea and theme which make up an integrated marketing communication.

FCC

The Federal Communications Commission (FCC) is a United States government agency responsible for regulating interstate and international communications by radio, television, wire, satellite, and cable.