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ASSIGNMENT
DRIVE FALL
|
2013
|
PROGRAM
|
MBADS – (SEM 4/SEM 6) MBAN2 / MBAFLEX – (SEM 4)
PGDROMN – (SEM 2)
|
SUBJECT CODE & NAME
|
MK0016- ADVERTISING MANAGEMENT & SALES PROMOTION
|
BK ID
|
B1809
|
CREDITS
|
4
|
MARKS
|
60
|
Note: Answer all questions. Kindly note that answers for 10 marks
questions should be approximately of 400 words. Each question is followed by
evaluation scheme.
Q.1 Discuss the role of various departments in Advertising.
Answer : Definition of Advertising :
Advertisements are messages paid for by those who send them and are
intended to inform or influence people who receive them. Advertising is a means
of communication with the users of a product or service. Advertisements are
messages paid for by those who send them and are intended to inform or
influence people who receive them, as defined by the Advertising Association of
the UK
Departments in advertising :
There are SIX major departments in any advertising agency.
Q.2 Describe the AIDA model of consumer response hierarchy
Answer : Explanation of AIDA model :
AIDA stands for attention, interest, desire, and action. It is an acronym
used in marketing and advertising, which helps marketing managers develop
effective communication strategies and communicate with customers in a way that
better responds to their needs and desires. AIDA describes a common list of
events that occur when a consumer views an advertisement. Each letter in the
acronym stands for the following:
- The “A” represents
attention or awareness, and the ability to attract the attention of the
consumers.
Q. 3 Explain the different kinds of Advertising objectives
Answer : There are three
main types of advertising objectives :
1. Increasing Sales and Profits
2. Encourage Trial and Usage
3. Reminder Advertising
Explanation : Companies
have many objectives when advertising their products and services. These objectives
vary according to their industries, available distribution channels and overall
marketing strategies. The key with all advertising is attracting the right
buyers. These are people who are more apt to buy a company's wares based on
demographics like age and income, for example. Advertising managers should also
repeat their messages often enough to familiarize consumers with their
offerings.
Q.4 Explain the evolving
consumer Segments which has impacts on Advertising
Answer: Explanation of consumer segments :
Consumer segmentation is the practice of dividing a customer base into
groups of individuals that are similar in specific ways relevant to marketing,
such as age, gender, interests, spending habits and so on. Segmentation allows
a company to target specific groups of customers effectively and allocate
marketing resources to best effect. According to an article by Jill Griffin for
Cisco Systems, traditional segmentation focuses on identifying customer groups
based on demographics and attributes such as attitude and psychological
profiles. Value-based segmentation, on the other hand, looks at groups of
customers in terms of the revenue they generate and the costs of establishing
and maintaining relationships with them.
Q.5 Discuss any ten types of Advertising copy in brief
Answer : Advertising copy :
Text of a print, radio, or television advertising message that aims at
catching and holding the interest of the prospective buyer, and at persuading
him or her to make a purchase all within a few short seconds. The headline of
an advertising copy is said to be the most important part, and quite often a
small change in its wording brings disproportionate results. The following
types of copy may be studied:
1. Descriptive Copy :
Q.6 Discuss the forms of ethical forms of violation in advertising
Answer : Ethical forms of
violation in advertising:
The advertising industry operates within strict federal regulations and
is monitored by the Federal Trade Commission. Even with truth-in-advertising
laws in place, advertisers have significant leeway to violate the ethical
standards of a wide range of consumers. Having a list of ethical and legal
issues at hand when creating advertisements can help you to craft legal,
responsible ad messages.
1. Truth in Advertising:
The Federal Trade Commission Act set forth requirements for truth in
advertising and created the FTC to enforce the provisions of the act. The
Bureau of Consumer Protection's Business Bureau notes that advertisements in
the U.S. must by truthful, not
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
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us at : 08263069601
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