Exam 5: The Advertising Agency, Media Services, and Other Services

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Which of the following is NOT a form of compensation an agency might receive for its variety of work?

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A

Pepsi and Perdue (a chicken company)suffered from the embarrassment of having had copy in American advertisements improperly translated into readily understood copy for other countries around the world.

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True

A major reason to create an in-house agency includes:

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C

Which of the following is included as part of the evaluation plan?

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Which of the following does NOT pertain to the length of client-agency relationships?

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Agencies that meld Hollywood sources to produce creative advertising are depending on ________ from the world of entertainment, including stars, writers and directors.

(Short Answer)
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In 2009, after testing it in five markets, Coca-Cola Company moved toward a value-based performance compensation fee for creative agencies.

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Because the client-agency relationship is a professional one, it may involve sensitive and confidential information in all of the following areas EXCEPT:

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"All the advertising agencies," so it is said, but U.S. Census Bureau data and the New York Yellow Pages indicate about what percentage of all U.S. agencies are located there?

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Many agencies have attempted to develop an integrated program that accesses and employs a wide range of communication vehicles, thus offering their clients ________ coordinated communications.

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MindShare is an example of a relatively new way advertising agencies deliver:

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Historically, clients sought agencies driven by famous individuals but then moved to agencies driven by collections of bright, talented people.

(True/False)
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In a reengineered advertising agency, benefits realized could include:

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Doremus is an agency that specializes in:

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The always disciplined ________ is an imaginative and persuasive expression of the selling strategy and character of the brand.

(Short Answer)
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Today, despite the various arrangements of agency compensation, there essentially are only two basic forms: fees and commissions.

(True/False)
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A parent agency with multiple offices:

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To gain buying efficiencies, some major agencies have unbundled media or given media buys to independent services or new media agencies.

(True/False)
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Called ________, it is one way to gain production cost efficiencies in global advertising, and it helps to build global brand equity.

(Short Answer)
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OMD Worldwide Media and MindShare are among the leading agencies devoted to planning and buying ________.

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