Chapter 3 Flashcards

1
Q

specializes in creation, production, and/or placement of communications messages

A

Advertising Agency

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2
Q

provide information, entertainment, or environment for firm’s marketing communications message

A

Media Organizations

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3
Q

support functions used by advertisers, agencies, media organizations, and specialized marketing communication firms

A

Collateral Services Organizations

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4
Q

advertising agency that is set up, owned, and operated by the advertiser

A

In-House Agencies

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5
Q

client cell, works well if working with only few products and brands

A

Centralized System

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6
Q

lots of brands needed

A

Decentralized System

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7
Q

service organization that specializes in planning and executing advertising programs for its clients

A

Ad Agency

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8
Q

large agencies that merged with or acquired other agencies and support organizations

A

Super agencies

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9
Q

understands advertiser’s marketing and promotion needs and interprets them to agency personnel

A

Account Services

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10
Q

all agency functions are set up as a separate department

A

Departmental System

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11
Q

individuals from each department work together in groups to service particular accounts (PR, direct marketer, etc. work together)

A

Group System

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12
Q

small ad agencies that provide only creative services

A

Creative Boutiques

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13
Q

specialize in buying media

A

Media Specialist Companies

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14
Q

wide range of technologies that automate the buying, placement, and optimization of advertising media

A

Programmatic Buying

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15
Q

receiving specified commission from media on any advertising time or space purchased for the client

A

Commission System

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16
Q

based on a sliding scale that becomes lower as clients’ media expenditures increase

A

Negotiated Commission System

17
Q

basic monthly fee charged for services provided and media commissions earned are given to client

A

Fixed-Fee Method

18
Q

media commissions received are credited against the fee

A

Fee-Commission Combination

19
Q

agency pays a fee based on costs of its work plus some agreed-on profit margin

A

Cost-Plus System

20
Q

agencies compensated about their basic costs, if they achieve or exceed results as measured by agreed-upon metrics

A

Incentive-Based Compensation

21
Q

develop and manage sales promotion programs

A

Sales Promotion Agencies

22
Q

develops and implements programs to manage organizations publicity, image, and affairs with consumers

A

Public Relations Firms

23
Q

development and strategic use of various digital marketing

A

Digital Agencies