English

Creating monopoly is the demerit of ______. - Commercial Studies

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Question

Creating monopoly is the demerit of ______.

Options

  • Advertsing

  • Customer protection

  • Manufacturer protection

  • Public image

MCQ
Fill in the Blanks

Solution

Creating monopoly is the demerit of Advertising.

Explanation:

Large firms which can afford huge amount of money on advertising eliminate small firms by creating brand monopoly. But advertising creates only a temporary brand monopoly as after some time other brands offer competition.

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Demerits of Advertising
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Chapter 3: Advertising and Sales Promotion - EXERCISES [Page 41]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 3 Advertising and Sales Promotion
EXERCISES | Q 22. | Page 41
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