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Advertising Involves Creating or Changing Attitudes, Beliefs, and Perceptions by Influencing

question 22

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Advertising involves creating or changing attitudes, beliefs, and perceptions by influencing people with free forms of written and visual media. Public relations relies more on costly news broadcasts or reports and magazine or newspaper articles to reach the audience.


Definitions:

Cost Volume Profit Analysis

A financial modeling tool used to determine the effects of changes in costs and volume on a company's profits.

Sales Mix

The combination of products or services that a company sells, impacting its overall profitability.

External Factors

Elements outside a company that can impact its performance or operations, such as economic conditions, competition, and regulatory environment.

Sales Revenue

The income received by a company from its sales of goods or the provision of services before any costs or expenses are deducted.

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