What is the task of MPR? What are the seven goals of communication that assist marketers in accomplishing this task?
What will be an ideal response?
The purpose of MPR is to generate communication between an organization and its stakeholders. This communication is conveyed through various channels, whether interpersonal or mediated. Experienced marketers and practitioners generally communicate with stakeholders in an effort to meet one or more of seven goals: 1. to build the identity of the organization or product; 2. to increase the visibility of the organization or product; 3 . to establish an organization or individual as an expert in a given discipline; 4. to educate stakeholders on issues critical to the organization; 5. to shape public opinion about an organization, idea or person; 6. to maintain the image of an organization or product; and 7. stimulating the trial or repeat usage of a product.
You might also like to view...
Debit refers to the right side of the T-account, and credit refers to the left side
Indicate whether the statement is true or false
During 2017, Jackson Company purchased 17,000 shares of Monticello Corp. common stock for $382,500 as an investment. The fair value of these shares was $373,150 at December 31, 2017. Jackson sold all of the Monticello stock for $27.25 per share on July 3, 2018, incurring $15,000 in brokerage commissions. Jackson Company should report a realized gain on the sale of stock in 2018 of:
(a) $65,750 (b) $75,100 (c) $80,750 (d) $90,100