The Entertainment Book Is Jammed with Discounts on Dining,travel,and Entertainment

question 67

Multiple Choice

The Entertainment Book is jammed with discounts on dining,travel,and entertainment provided by both local and national businesses.It was created by Entertainment Publications over 30 years ago.People are so excited about good,cheap fun that they're willing to pay between $40 and $50 for the book.Consumers justify the cost because total values offered in any Entertainment Book are worth hundreds of dollars.And as the books grow in popularity,more marketers are requesting that a coupon for their businesses be featured in the book.The book is a huge seller each year,and sales are growing steadily.More than 100,000 merchants,including 40,000 restaurants,are represented in The Entertainment Book,making it the largest national discount dining program.Further,The Entertainment Book is sold through clubs,youth groups,and schools.Entertainment Books creates and distribute ads,posters,fliers,and other sales materials to all its sales organizations.Entertainment Publications has teamed up with BP-Amoco,a major petroleum company in the United States,to provide a premium item called the MultiCard Savings Book.BP-Amoco distributes the book to all its MultiCard members.It contains local and national advertisers that are of interest to BP-Amoco members.In the United States,in a joint venture with American Airlines,Entertainment Publications created a program called AAdvantage Dining,which was offered to the airline's frequent flyer customers as another way to earn miles.
-Refer to The Entertainment Book.The restaurants that offer coupons in The Entertainment Book are hoping to appeal to which of the following types of buyers?

• A) people who consistently look for quality
• B) loyal customers who could provide more repeat business
• C) people who go to only a select few restaurants and who could be called brand switchers
• D) people who go to a competitor's restaurant none of the time

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Definitions:

Assessed

Evaluated or estimated, often in the context of determining the value for tax purposes.

Value

The monetary, material, or assessed worth of an asset, good, or service.

Fraction

A mathematical expression representing a part of a whole or a division of quantities.

Percentage Form

A way to express a number as a fraction of 100.