Access Millions of academic & study documents

Concordia University Chicago Advertising Study Guide Questions

Content type
User Generated
Subject
Marketing
School
Concordia University Chicago
Type
Other
Showing Page:
1/3
Study guide questions for Advertising BUS and Marketing 101 Concordia Chicago
Advertising: the structured and composed nonpersonal communication usually meant to be persuasive
and about products. Advertising communicates both verbal and non-verbal elements.
Advertising:
1. Is a type of communication that is structured, and that is composed to fit in a space or medium.
2. Directed to a group of people
3. Paid by a sponsor
4. Usually persuasive
5. Identifies Sponsor
6. Transmitted through advertising media
What is an advertising medium? Any paid means used to present an ad to the target audience.
Examples would be radio advertising, newspaper advertising, etc.
However, a mass medium (plural for media), would include things like radio, tv, newspaper, etc.
The Human Communication Process
1. Source; the party formulating an idea
2. Encode: formulates an idea
3. Message: a sent idea
4. Channel: something that the message is being sent through
5. Receiver: another paty
6. Decode: understanding a message
7. Feedback
8. Noise
Barbara Stern Communication Model
She sees communication as literal text instead of mouth to mouth. She recognizes that in
advertising, the source, message, and receiver all have multiple dimensions.

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/3
Marketing: the process of planning and executing the pricing and distribution of ideas, goods, and
services to make exchanges that satisfy individuals.
Marketing is a process, the marketing strategy determines advertising, it is aimed at satisfying
customer needs, and the ultimate goal of marketing is to earn a profit for a firm the exchange of
products or services with those customers who need or want them.
Marketing also includes the process developing products, pricing, and making things available to
customers.
The 4 elements of marketing include;
1. Product: high-tech advertising to draw attention of shoppers and viewers
2. Pricing: Pricing strategy affects advertising style. Sale advertising can sometimes be used to
draw the attention of customers that will create discounts to raise sales. Companies who
are price-competetive will often use this.
3. Place: Where ads take place affect how the product will sale. For example; international ads
will make more money than ads that are aimed at a small group or audience. Ads aimed at
a small groups are called local advertising. Companies that market several regions of the
U.S., use the major mass media called national advertisers, and of course, this is called
national advertising,
4. Promotion: personal selling and all go into these marketing objectives. The extent to any
company sells items like cars depends on their needs.
Chapter 2
Principles of Free-Market Economics:
1. Self-Interest: People and organizations pursue their own self-interest.
2. Complete information: Access by buyers and sellers to all information at all times about
what products are available, such as the quality and prices available.
3. Many buyers and sellers: Buyers can ensure that sellers can find customers who are
interested in the products they produce at a fair price. On the opposite, sellers can rely
on their buyers.
4. Social costs: sometimes the cost of sales may help or hurt people not involved in the
transactions. Government may use tax regulation to solve problem.

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/3

Sign up to view the full document!

lock_open Sign Up
Unformatted Attachment Preview
Study guide questions for Advertising – BUS and Marketing 101 – Concordia Chicago Advertising: the structured and composed nonpersonal communication usually meant to be persuasive and about products. Advertising communicates both verbal and non-verbal elements. Advertising: 1. 2. 3. 4. 5. 6. Is a type of communication that is structured, and that is composed to fit in a space or medium. Directed to a group of people Paid by a sponsor Usually persuasive Identifies Sponsor Transmitted through advertising media What is an advertising medium? Any paid means used to present an ad to the target audience. Examples would be radio advertising, newspaper advertising, etc. However, a mass medium (plural for media), would include things like radio, tv, newspaper, etc. The Human Communication Process 1. 2. 3. 4. 5. 6. 7. 8. Source; the party formulating an idea Encode: formulates an idea Mess ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Studypool
4.7
Indeed
4.5
Sitejabber
4.4