Asked by Stephanie Rivera on Jun 12, 2024
Verified
Budweiser is a widely recognized brand name.During the Super Bowl each year,this beer company has many of the most successful ads.Which statement is TRUE about advertising for Budweiser?
A) It is designed to increase the demand for Budweiser.
B) It decreases the costs of supplying Budweiser.
C) It guarantees customers that Budweiser tastes better than do other beers.
D) It is designed to increase excess capacity.
Budweiser
A popular brand of beer produced by Anheuser-Busch, known for its widespread global presence and distinctive marketing campaigns.
Super Bowl
An annual championship game of the National Football League (NFL), known for being the climax of each NFL season and celebrated with high-profile advertisement and performances.
Advertising
The activity or profession of producing advertisements for commercial products or services, aiming to improve market awareness and drive consumer behavior.
- Comprehend the role and impacts of advertising within a monopolistically competitive market.
Verified Answer
VN
Vikash NayakJun 15, 2024
Final Answer :
A
Explanation :
Advertising for Budweiser is designed to increase demand for the beer, which ultimately leads to increased sales and revenue for the company. This is a common goal for most advertising campaigns, and Budweiser's Super Bowl ads are no exception.
Learning Objectives
- Comprehend the role and impacts of advertising within a monopolistically competitive market.