Which of the Following Is an Advantage of Sponsorships

question 52

Multiple Choice

Which of the following is an advantage of sponsorships?

• A) It is an inexpensive advertising tool.
• B) It eliminates clutter from cosponsored events.
• C) Its value and effectiveness can be easily measured.
• D) It makes it easy to convey different marketers' messages in cosponsored events.
• E) It is approved by the public.

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Definitions:

Fixed Cost

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Product

Anything that can be offered to a market to satisfy the desire or need of a customer.

Average Collection Period

The average number of days it takes for a business to collect payments from its customers after a sale has been made.

Discount Policy

A company's strategy regarding the conditions under which discounts are offered to customers, affecting sales volume, revenue, and cash flows.