Vidyalelo
Management · Q55

Marketing

Graduate and Post Graduate · Management · question 55

Q55

Advertising appropriations are largest for which type of product?

A.
Industrial products
B.
Convenience goods
Answer
C.
High-priced products
D.
Specialty goods

Answer: Option B

Solution

Answer: Option B
Solution:
Advertising appropriations are largest for Convenience goods. Advertising appropriation is the portion of a total marketing budget that is allocated for advertising over a specific time period. The advertising appropriation policy for a company may be based on any one of a number of approaches.