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Comment upon the following: Intensive competition has made advertising essential for corporate survival. - Commercial Applications

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प्रश्न

Comment upon the following:

Intensive competition has made advertising essential for corporate survival.

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उत्तर

Due to intense competition, advertising has become essential for survival and growth in the corporate world. In order to create demand for new products and to maintain and increase sales of existing products manufacturers must advertise regularly. Business people who do not advertise face decline in sales and profits. Public memory is very short and they tend to buy products/services which they remember. Advertising keeps on reminding buyers.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Advertising and Brand Promotion - QUESTION BANK [पृष्ठ ६४]

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गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 3 Advertising and Brand Promotion
QUESTION BANK | Q 34. (iii) | पृष्ठ ६४
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