Examlex
Whether it is visual or auditory, sensory memory registers a limited amount of information from the environment but holds that information for up to 20 seconds.
Celebrity Advertising
A marketing strategy that uses the fame of a celebrity to promote products or services.
Inferior Product Quality
Products that fail to meet acceptable standards or expectations in terms of performance, durability, or reliability.
Advertising
The action of calling public attention to products, services, or events, mainly through paid announcements in various media.
Market Power
A term describing the ability of a firm or group of firms to manipulate the price or quantity of goods and services in a market, due to a lack of competition.
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