Advertising is an example of a firm's:
A)revenue-maximization strategy.
B)pricing strategy.
C)non-pricing strategy.
D)price-discrimination strategy.

Question

Quizplus · Accepted Answer

Advertising is a non-pricing strategy, as it focuses on promoting a product or service through various channels (such as TV, radio, print media, online platforms) without directly changing the price of the product or service. Advertising is a non-pricing strategy as it does not involve changing the price of the product or service. Instead, it aims to promote and increase the demand for the product or service through various forms of communication.

Advertising Is an Example of a Firm's