Which of the Following Is a Major Benefit of Advertising

question 88

Multiple Choice

Which of the following is a major benefit of advertising?

• A)It limits the earning potential of larger companies and maximizes the potential of smaller companies.
• B)It leads to economies of scale in production.
• C)It encourages materialistic values in the society.
• D)It helps in altering the collective values of the society.
• E)It helps nations establish collectivist values rather than individualist values.

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Definitions:

Appropriation

The act of taking something for one's own use, generally without the owner's permission.

Exclusive Right

A legal provision granting someone the sole permission to engage in a particular activity or use a specific property.

Law of Torts

The body of laws governing civil wrongs that allow the injured party to receive compensation from those responsible for causing the harm.

Reallocates Losses

describes the process of redistributing financial burdens or losses, often seen in insurance, investment, or risk management contexts, to adjust the impact on involved parties.