Asked by zaimel moses on Jun 17, 2024

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Which of these is least likely to be a major consideration in determining an advertising budget?

A) the role of advertising in overall promotional objectives
B) the product life cycle
C) the nature of the market
D) the budgeting method used
E) the nature of the product

Advertising Budget

The amount of money allocated by a business for promoting its products or services through various advertising media over a specific period.

Promotional Objectives

Specific goals set by businesses for their marketing campaigns, focused on increasing awareness, sales, or market share for a product or service.

Product Life Cycle

The progression of a product through different stages from its introduction to growth, maturity, and decline in the market.

  • Understand the foundational principles in setting advertising objectives and budgets.
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JC
Joyce Carlos-TangalanJun 21, 2024
Final Answer :
D
Explanation :
The budgeting method used is important for determining the specific amount of money allocated to advertising, but is not a major consideration in determining the overall advertising budget. The other factors listed (A, B, C, and E) are all important considerations in determining an advertising budget.