Question
Define advertising. What are its main features? Explain.

Answer

Definition: In the words of C.L. Bolling, ‘‘Advertising can be described as the art of creating a demand for article or a service.”Features:
Main features of advertising are as under:
  1. Paid Form: Only that attempt of the seller on which he has spent some money to communicate information to the consumer is called advertising. If without incurring any expenditure some information relating to some product or service is published, it will not be called advertising. It may be called propaganda or publicity.
  2. Impersonal Presentation: Advertising is non-personal presentation of information. In other words, advertiser and consumer do not come into personal contact. Advertising is a monologue and not a dialogue.
  3. Speedy and Mass Communication: Advertising is a speedy medium of communication. Besides being speedy, its operational area is very vast. In other words, it reaches millions of people simultaneously.
  4. Identified Sponsor: Another feature of advertising is that its sponsor can be identified. If due to some reason it is difficult to identify the sponsor, then that information cannot be called advertising. It will be called propaganda or publicity.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

Identify the dimensions of business environment in the following cases:
i. Hand-woven carpets are banned in some European countries as they think there can be involvement of child labour in the manufacturing of these carpets. Products produced through the involvement of child labour are banned in these countries.
ii. With the winning of a new party in a particular country an automobile company has decided to take back its plan of opening 15 plants in that country.
iii. In the month of October a greeting card manufacturing company has decided to increase its scale of production of New Year Greeting Cards.
iv. A chocolate making company has decided to make more sweetened chocolates for people living in a particular country.
v. A super bike producing company has decided to withdraw its earlier proposal of opening 10 new plants in a country as it finds the per capita income of that country too low to purchase its bikes in large numbers.
vi. Advertising of a particular brand is taken back as it is expected to hurt the sentiments of a particular section of society. The company takes this decision on a conscientious level.
What is meant by Packaging? State any four functions of Packaging.
What are the main features to be considered by the management while planning?
Neelabh is engaged in ‘Transport business’ and transports fruits and vegetables to different states. Stating the reason in support of your answer, identify the working capital requirements of Neelabh. Neelabh also wants to expand and diversify his transport business, explain any two factors that will affect his fixed capital requirements.
Differentiate between ‘capital-market’ and ‘money-market’ on the basis of:
  1. Safety;
  2. Expected return;
  3. Meaning;
  4. Instruments and
  5. Duration.
Ayasha Ltd. assured their employees that inspite of recession, no worker will be retrenched from the job.
  1. Name and explain the type of incentive offered to the employees.
  2. Explain one more incentive of the same category.
With the help of a diagram explain 'Functional Foremanship' as a technique of scientific management.
Give the meaning of essential elements of ‘Delegation’
Describe briefly the steps in the process of controlling.
Pricing of a product is an important and effective competitive weapon in marketing which depends upon various factors. Explain any three such factors.