Correct option is B
The correct answer is: (B) To inform and attract customers
Explanation:
Advertising plays a crucial role in trade by helping businesses inform potential customers about their products or services and attract them to make purchases. It is an essential marketing tool that communicates product features, benefits, and the brand message to the target audience.
Effective advertising can lead to increased consumer awareness, demand generation, and ultimately sales, which contributes to the success and growth of businesses in competitive markets.
Information Booster:
- Advertising provides information about the product, its uses, and the brand, helping consumers make informed choices.
- It serves as a tool for persuasion, encouraging customers to choose a particular product over competing alternatives.
- Advertising helps build brand recognition and loyalty, ensuring that customers return and advocate for the brand.
- It can also create consumer trust by associating the product with positive attributes or social values.
Additional Knowledge:
- To finance businesses: Financing is achieved through methods like investments, loans, and equity.
- To produce goods: It is part of the marketing process that promotes products already produced.
- To transport goods: Transportation of goods is a logistical function that involves moving products from one place to another.
English
80 Questions
160 Marks
60 Mins
