Which of the Following Statements Is True About Public Relations

question 49

Multiple Choice

Which of the following statements is true about public relations?

• A)Public relations is same as publicity.
• B)Public relations is a short term strategy of enhancing the image of the company.
• C)Public relations is not concerned with the evaluation of public attitudes.
• D)An effective public relations program continues over months or even years.
• E)Public relations deals only with the activities designed to sell a product or service.

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Definitions:

Nash Equilibrium

is a concept in game theory where no player can benefit by changing their strategy while the other players keep theirs unchanged.

Cartels

Groups of independent market participants who collude with one another to manipulate the price of a good or service in the market.

Monopoly Outcome

The result of a market condition in which a single company or entity has exclusive control over a particular good or service, leading to limited competition.

Duopoly

A market structure dominated by two firms, often leading to strategic competition and pricing.