Refer to the Passage Below to Answer the Following Questions

question 133

Multiple Choice

Refer to the passage below to answer the following questions.
Polo Ralph Lauren manufactures and sells high-quality, expensive brands of clothing as well as accessories, cosmetics, and home products. The company maintains complete control over the brand image and all of the functions necessary to develop, execute, and deliver advertising. Polo appeals to consumers' lifestyle aspirations. Its products are of high quality and better than most competitors' offerings. The objective in the company's advertising is to convey this image and the fashion statement it makes.
-Several of Polo Ralph Lauren's ads have won awards based solely on their creative ideas.Of the following,what type of awards might these have been?

• A) Effie
• B) Clio
• C) Reggie
• D) Silver Anvil
• E) Halo

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Definitions:

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers is equal to the quantity supplied by producers, resulting in market equilibrium.

Agricultural Product

Goods resulting from the cultivation of plants and rearing of animals intended for human use or consumption.

Subsidies

Financial support provided by a government to reduce the costs of producing goods or services, intended to encourage production or consumption.