Chapter 3--Vocab Flashcards
Action for Children’s Television (act)
A group formed during the 1970s to lobby the government to limit the amount and content of advertising directed at children.
branded entertainment
Embedding one’s brand or brand icons as part of any entertainment property (e.g., a sporting event) in an effort to impress and connect with consumers in a unique and compelling way.
branding
The strategy of developing brand names so that manufacturers can focus consumer attention on a clearly identified item.
consumer culture
A way of life centered around consumption.
consumer-generated content (CGC)
Advertisements for products produced either in part or completely by their end users. The recent explosion of consumer-generated content is largely due to the advent of content-sharing Internet websites (like YouTube) that essentially enable anyone to post (and view) video content.
creative revolution
A revolution in the advertising industry during the 1960s, characterized by the “creatives” (art directors and copywriters) having a bigger say in the management of their agencies.
dailies
Newspapers published every weekday; also, in television ad production, the scenes shot during the previous day’s production.
e-business
A form of e-advertising and/or promotion in which companies selling to business customers rely on the Internet to send messages and close sales.
Federal Trade Commission (ftc)
The government regulatory agency that has the most power and is most directly involved in overseeing the advertising industry.
Great Depression
A period (1929–1941 for the United States) in which the vast majority of people in many countries suffered from a severe economic decline.
Great Recession
Refers to the U.S. recession of the late 2000s.
Industrial Revolution
A major change in Western society beginning in the mid-eighteenth century and marked by a rapid change from an agricultural to an industrial economy.
interactive media
Media that allow consumers to call up games, entertainment, shopping opportunities, and educational programs on a subscription or pay-per-view basis.
National Advertising Review Board
A body formed by the advertising industry to oversee its practice.
principle of limited liability
An economic principle that allows an investor to risk only his or her shares of a corporation, rather than personal wealth, in business ventures.