Infomercials Have Been Around Since the Emergence of the Cable

question 5

Essay

Infomercials have been around since the emergence of the cable industry in the 1980s and have become a multibillion-dollar industry.Explain what an infomercial is and why,today,it is viewed as a viable medium.

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Definitions:

Personnel Expenses

Costs associated with employing personnel, including salaries, benefits, and payroll taxes.

Planning Budget

A budget prepared before the beginning of a financial period as a plan for earning and spending, based on expected activities and conditions.

Selling

The process of promoting and transferring ownership of a product or service to customers in exchange for money or value.

Administrative Expenses

Costs related to the general operation of a business, including salaries of executives, office supplies, and utilities.