ABC Foods has recently expanded its production capacity a...
Use the following information to answer this question
ABC Foods has recently expanded its production capacity and is searching for a medium for advertising its products at a lower cost.
A benefit the company would derive from advertising the product is
increase in competition
increase in market share
decrease in tax liabilities
decrease in production cost
Correct answer is B
A benefit that ABC Foods would derive from advertising its products is an increase in market share. Advertising plays a crucial role in raising awareness about a company's products or services and attracting customers. By effectively promoting their products through advertising, ABC Foods can reach a larger audience, create brand recognition, and generate interest and demand for their products. As a result, ABC Foods can potentially increase its market share by capturing a larger portion of the target market and competing more effectively against other companies in the industry.
One of the uses of e-marketing platform is to ...
Which of the following is an attribute of marketing concept? Consumers ...
A distinction between advertising and publicity is that___________ ...
The last stage in the consumer buying decision process is ...
An example of a government warehouse is ...
All individuals and units that buy goods for personal use constitute the_______ ...
The component of product as a marketing mix element is_______ ...