Marketing: An Introduction, Global Edition
Marketing: An Introduction, Global Edition
12th Edition
ISBN: 9781292016788
Author: Armstrong
Publisher: PEARSON
Question
Book Icon
Chapter 12, Problem 12.12MA
Summary Introduction

Case summary:

For both the television programmers and advertisers it is important to maintain Company N’s ratings because the cost of advertising is based on these ratings. The show’s rating depends upon the number of households. 115 million television households in Country U are taken as sample, where 1 rating point signifies 1 percent of the television market. Therefore, 1 point will be equal to 1.15 million households.

Company N’s television rating is referred to C3, which helps to measure the viewer’s list. The cost per thousand is the common method to calculate the advertising efficiency. Therefore, the numbers play a major role in assessing the efficiency of advertising.

To determine: The number of households that are expected to watch each show.

Introduction:

The activity for communicating, creating, exchanging, and delivering the offerings that are beneficial to the company, customers, shareholders, and society is known as marketing.

Blurred answer
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Text book image
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Text book image
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:9781337407595
Author:Lamb
Publisher:Cengage
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning