D. Answer the following questions in brief.
1. What does advertising mean?
2. Who is a consumer?
3. What is meant by consumerism?
4. Write the full form of BIS. Mention its function.
5. State any two positive effects of advertising.
Answers
An advertisement (often shortened to advert or ad) is the promotion of a product, brand or service to a viewership in order to attract interest, engagement and sales. Advertisements come in many forms, from copy to interactive video, and have evolved to become a crucial feature of the app marketplace
2.A consumer is a person or a group who intends to order, orders, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, not directly related to entrepreneurial or business activities.
3.Consumerism is the theory that states people consuming goods and services in large quantities will be better off. Some economists believe that consumer spending leads to an increase in production and economic growth.
4.full form of BIS is Bureau of Indian Standards. The BIS research and statistics functions help meet the needs of monetary and supervisory authorities for data and policy insight. The BIS banking function provides prime counterparty, agent and trustee services appropriate to the
5.Advertisement leads to the fast and rapid sell of the products which helps the company in a big way. Advertisement also helps to spread the important mews to the public. Hope it will help you.
Mean to advertise