Which of the Following Is Not True of Advertising

question 43

Multiple Choice

Which of the following is not true of advertising?

• A)It results in diseconomies of scale in production.
• B)It can operate as a barrier to the entry of new firms.
• C)It creates a scope for breaking into an entrenched market.
• D)It influences the tastes and preferences of consumers.

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Definitions:

Landrum-Griffin Act

A U.S. law enacted in 1959, officially known as the Labor-Management Reporting and Disclosure Act, aimed at regulating labor unions and protecting union members' rights.

Financial Reports

Documents that provide an overview of a business's financial condition, including balance sheets, income statements, and cash flow statements.

Authorization Cards

Cards signed by employees to indicate their wish to be represented by a union for the purposes of collective bargaining.

Bargaining Unit

A group of employees with a clear and identifiable community of interests who are represented by a single labor union for purposes of collective bargaining.