A _____ Is a System That Provides Rewards and Usage

question 54

Multiple Choice

A _____ is a system that provides rewards and usage incentives, typically in exchange for a method that provides a more detailed tracking and recording of consumer activity.

• A) sugging report
• B) canned report
• C) dashboard
• D) legacy system
• E) loyalty program

Understand the definition and purpose of advertising in marketing.

Identify and differentiate between the types of advertisements: pioneering (informational), competitive (persuasive), and reminder.

Recognize the role and objectives of pioneering advertisements, including their use during product introduction.

Understand the functions and strategic use of competitive advertisements, including comparative advertising.

---

Definitions:

Average Total Costs

The total cost of production divided by the number of units produced, representing the cost per unit.

Average Fixed Costs

Fixed production costs (unchanged by output volume) divided by the total produced output quantity.

Short-Run

A period in which at least one factor of production is fixed, influencing how businesses can respond to changes in demand or supply.

Total Costs

The aggregate amount of all costs, both fixed and variable, incurred in producing goods or providing services.