During the _____ Age,manufacturers Were Principally Concerned with Production

question 72

Multiple Choice

During the _____ age,manufacturers were principally concerned with production.The primary burden of marketing fell on the wholesalers.They used advertising primarily as an information vehicle.Advertising to the consumer was the job of the retailers and the large mail-order catalog companies.

• A)preindustrial
• B)postindustrial
• C)industrializing
• D)industrial
• E)isolation

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Definitions:

Profitability

The state of yielding financial profit or gain, an essential measure of a company's success.

Opportunity Cost

The cost of missing out on the next best alternative when making a decision; a crucial concept in economics and decision-making.

Brand's Social Media Activity

All actions and engagements a brand undertakes on social media platforms, including posting content, interacting with users, and promoting products.

Incremental Gain

Small, gradual improvements or advantages gained over time.