Which of the Following Is NOT an Example of a Government-Supported

question 171

Multiple Choice

Which of the following is NOT an example of a government-supported cartel?

• A) local laws restricting the number of cab companies that may operate in a particular township
• B) milk cartel in the United States
• C) OPEC
• D) government subsidies supporting innovation in clean-coal industries

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Definitions:

Product Placement

Form of promotion in which marketers pay fees to have their products showcased in various media, ranging from newspapers and magazines to original online television and movies.

The Social Network

A film directed by David Fincher that depicts the founding of the social networking website Facebook and the resulting lawsuits.

Promotion

Marketing strategies aimed at increasing the visibility, sales, and market share of a product or service.

Nonpersonal Selling

Consists of advertising, sales promotion, direct marketing, and public relations.