Companies persist with ineffective ads for many reasons. The belief that, if they don't advertise as much as their competitors they will not succeed, is called:
Group of answer choices

competitive pressure

conflict of interest

incentive system

prisoner's dilemna

Question

17-09-2022
Advanced Placement (AP)

Answered

Companies persist with ineffective ads for many reasons. The belief that, if they don't advertise as much as their competitors they will not succeed, is called:
Group of answer choices

competitive pressure

conflict of interest

incentive system

prisoner's dilemna

Answer :

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VTshruti VTshruti · Answer 1 · 2022-09-22T03:14:26-04:00

The belief that, if they don't advertise as much as their competitors they will not succeed, is called competitive pressure. The correct option is A.

What is competitive pressure?

Competitive pressure refers to a situation in which a company is under pressure from its competitors.

Except in monopolistic economies, it is common in all types of economies. A lot depends on the demand and supply situation for a specific product or industry.

Competitive pressure refers to the belief that if they do not advertise as much as their competitors, they will fail.

Thus, the correct option is A.

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Companies persist with ineffective ads for many reasons. The belief that, if they don't advertise as much as their competitors they will not succeed, is called: Group of answer choices competitive pressure conflict of interest incentive system prisoner's dilemna

Answer :

What is competitive pressure?

Other Questions

Companies persist with ineffective ads for many reasons. The belief that, if they don't advertise as much as their competitors they will not succeed, is called:
Group of answer choices

competitive pressure

conflict of interest

incentive system

prisoner's dilemna