Which of the Following Statements Describes a Reason Why Companies

question 50

Multiple Choice

Which of the following statements describes a reason why companies such as Nike,Microsoft,and Mercedes-Benz are willing to pay large sums of money for the right to incorporate popular songs into their commercials?

• A)These songs may help their commercials break through the advertising clutter on television and attract consumers' attention.
• B)These songs may activate a sense of nostalgia among consumers and create a positive mood that makes them more receptive to these companies' commercials.
• C)These classic songs may be very relevant to the image or position the advertiser is trying to create for their company or brands.
• D)These songs can create positive feelings that make consumers more receptive to the advertising message.
• E)All of the above statements are reasons why companies pay large sums for the right to use popular songs in their commercials.

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Definitions:

Net Income

The total profit of a company after subtracting all expenses, taxes, and costs from its total revenue.

Inventory Method

The approach or system used by a company to track and manage inventory, such as FIFO (First-In, First-Out) or LIFO (Last-In, First-Out).

Notes

A financial document representing an agreement for a borrower to pay back a lender according to specified terms, often detailing the interest rate, repayment schedule, and maturity date.