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Today the high sales of popular consumer goods reflect the power of advertising and not the real needs of the society in which they are sold.To what extent do you agree or disagree?
Wiki User
∙ 13y ago
nowadays million of the companies produce billion of product and the role of advertisement is quit obvious,
Wiki User
∙ 13y ago
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Why is consumer price index an imperfect measure of the cost of living?
1) CPI does not account for all goods, only some of them. 2) CPI does not account for quality. 3) CPI does not reflect economic conditions surrounding CPI.
Does widespread unemployment change the economic logic of protectionism?
Increased validity is being granted to the argument that it is better to have workers employed even if the consumer must pay more. Many economic trade models assume full employment but the "real world" does not necessarily reflect the theory.
The high sales of popular consumer goods reflect the power of advertising and not the real needs of the society in which they are sold?
Nowadays millions of companies produce billions of products and the role of advertising is quite obvious. Ads help consumers to find the goods or services of their needs. However, do our needs grow equally fast as the number of products? Some market analysts insist modern commercials are not merely matchmakers of a product and a consumer, but actively interfere with buyer's desires, developing artificial needs. Undoubtedly, advertisement guides people through the market, serves those who do not have time to learn differences between goods. These products are probably the same, but loyalty to a particular brand, formed by a commercial helps make a choice. When a person buys one mobile phone out of 50 models, he thinks he made his choice himself. But that was a commercial who told him about the features of this phone. Nevertheless, ads not only inform us about new goods, but force people to want them. This can be even useful, for example for someone who suffers from back pains and without commercials he would never imagine there are new mattresses which could ease their pains. Unfortunately, promoters now operate our minds more aggressively. Commercials no longer promote products, but lifestyles. They told us to purchase things just because they are fashionable or up to date with the image of successful person. And we buy new cars, gadgets and clothes in order to match this image and not because old ones are no longer usable. Personally I think that high sales of popular commodities are the result of new promotional technologies. The best illustration of that is that everyone now is concerned mostly about how a new mobile phone will reflect his personality, a new shirt - his image, or will a new car make colleagues feel jealous.
Does the increase in the GNP reflect the standard of living and economic welfare?
An increase in the GNP does not always reflect the standard of living and economic welfare of the general population, though it usually does.
What does the slope of the supply curve reflect?
Rising Marginal Costs
How did advertising reflect the materialism of the 1920s?
Advertising has had impact from the moment it was first used to introduce the masses to consumer goods. In the 1920s advertising reflected the feeling of the era by the way it was designed and how well it was used to promote the good times of the day.
What three way that the media does not reflect the society you live in?
Three ways the media do not reflect the society lived in are style of advertising, reporting of lifestyles, and inaccurate portrayals.
What the recall of a governor reflect?
the principle of popular sovereignty.
How does the popular election of the house of represenatives reflect the principle of popular sovereignty?
provided for the consent of the governed
How does Andy Warhol's artwork reflect the world in which he lived?
The consumer society was mirrored in the everyday things he painted.
What argument best responds to citizens who do not vote because they feel that no political candidates speak for them?
voting will help candidates reflect citizens' interests
How does the amendment process reflect the principal of popular sovereignty?
The two-step process created to amend the Constitution restricted the power of Congress to change the Constitution and ensured that any change would reflect the national will. This was in line with the principle of popular sovereignty.
What is product or promotion adaptation in marketing?
A promotion adaptation strategy involves changing the advertising message to reflect the values, familiar images, and cultural differences in a foreign market.
Do you agree that the US suffers from lack of diversity because there are only two major political parties A greater number of parties is needed to reflect a wider spectrum of political ideology?
i disagree
What does the recall of a governor reflect?
the recall of a governor reflects what? The system of checks and balances.
How did American popular culture reflect the affluence of the 1950s?
In the 1950, popular culture was tantamount to home life. In other words, a proper home life influenced what was the popular culture of the 1950's era.
What best reflects popular US culture of 1920?
Jazz would be a term that would reflect popular US culture of the 1920s. Jazz was very popular in the music culture and bars of that decade in the United States.
