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9 Cards in this Set

  • Front
  • Back
Federal Communications Commission (FCC)
any firm that uses broadcast media (telephone, radio, television) for marketing is affected by FCC rules
Food and Drug Administration (FDA)
enforces laws and regulations on foods, drugs, cosmetics and veterinary products
Federal Trade Commission (FTC)
enforces laws against deceptive advertising and product labeling regulations
Median household income (US)
50,740
4 basic rights
safety, voice, choice, satisfaction basic needs
sensory branding/ atmospherics
using the senses to affect a consumer response
equation for margin
maring = price - direct cost
q scores include 2 factors
awareness and appeal
US Population
World Population
307,392,430
6,782,849,732