Advertisements stimulates competition in the market. Do you agree ? Gi – InterviewSolution

InterviewSolution

1.	Advertisements stimulates competition in the market. Do you agree ? Give reason in support of your answer.
Answer» Yes, advertising stimulates competition in the market place. It helps the companies to show its worth and quality of products in front of the prospective buyers. `(i)` It informs potential customers about a product and assures them about its quality and features. `(ii)` It is the most attractive and forceful promotional tool. `(iii)` It is an econimical mode of communication, by which companies reach the masses.

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