15) When using the competitive parity method to budgeting, the firm:
A.matches its percentage-of-sales expenditures with those of others in the
market/industry.
B.spends as much as it can.
C.allocates some portion of planned sales for the period to advertising.
D.spends the same total amount as its major competitors spend.
E.bases its advertising and promotion expenditures on sales.
16) Advertisers employ search engine optimization (SEO) to:
A.more specifically target customers who may be interested in their offerings.
B.attract customers to their products and services through the non-organic search
process.
C.monitor Internet traffic.
D.include attractive multimedia content in their webpages.
E.sponsor a section of a website.
17) Personal selling has many advantages over other communications methods.
However, most companies do not use this extensively. Which of the following is a
reason for this?
A.Personal selling lacks the ability to deliver customized solutions.
B.It is not effective when you want to reach a niche target audience.
C.Personal selling techniques have limited persuasion capability.
D.It does not have opportunities for immediate response and feedback.
E.Personal selling is expensive compared to other forms of communication.
18) FunZone Inc. identified and developed a SmartCard that can be used at fair grounds
to make the ticketing process easier. The company found that the existing system was
complicated and highly time-consuming. The SmartCard was easy to operate and each