Which of the following is a function of advertising?
Answer Details
One of the functions of advertising is the "stimulation of demand". Advertising is used to create awareness and interest in a product or service, with the aim of encouraging people to buy it.
Advertising can help to stimulate demand in a number of ways. For example, it can highlight the benefits of a product or service, create a sense of urgency to buy, or appeal to consumers' emotions or desires. By doing so, advertising can help to increase sales and revenue for a business.
Stimulating demand is particularly important in competitive markets, where businesses are competing for the attention and spending power of consumers. Effective advertising can help a business stand out from its competitors and encourage consumers to choose its products or services over others.
Overall, advertising plays an important role in creating and sustaining demand for goods and services, which is essential for the growth and success of businesses.