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Companies producing goods play to the gallery to boost their sales.
  • a)
    advertise
  • b)
    cater to the public taste
  • c)
    attempt to appeal to popular taste
  • d)
    depend upon the public for approval
Correct answer is 'C'. Can you explain this answer?
Verified Answer
Companies producing goods play to the gallery to boost their sales.a)a...
To spend time doing or saying things that will make people admire or support you, instead of dealing with more important matters.

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Most Upvoted Answer
Companies producing goods play to the gallery to boost their sales.a)a...
Explanation:

Companies producing goods often use various marketing strategies to increase their sales. One such strategy is playing to the gallery, which means appealing to popular taste or catering to the public's preferences. Here is a detailed explanation of the answer:

Appealing to Popular Taste:

When a company produces goods, it needs to keep in mind the preferences and choices of its target audience. This is because the products will only sell if they appeal to the public's taste. Companies try to understand the market trends and consumer behavior to create products that are likely to be popular. They use various tools like market research, surveys, and focus groups to gauge public opinion.

Catering to the Public:

Once a company knows what its target audience wants, it creates products that cater to their needs. For example, a clothing company may create a line of clothing that is trendy and fashionable to appeal to the younger generation. Similarly, a food company may introduce new flavors and ingredients in their products to cater to the changing tastes of the public.

Using Marketing Strategies:

To boost sales, companies use marketing strategies like advertisements, promotions, and discounts. Advertisements are an effective way to create awareness about the product and attract potential customers. Promotions like buy-one-get-one-free and discounts encourage customers to buy more and increase sales. Companies also use social media and influencer marketing to reach a wider audience.

Dependence on Public Approval:

Finally, companies depend upon the public for approval. If the public does not like their products, they will not sell, and the company will not make a profit. Therefore, companies need to constantly innovate and improve their products to stay relevant and meet the changing demands of the public.

Conclusion:

In conclusion, playing to the gallery is an important strategy that companies use to boost their sales. By appealing to popular taste and catering to the public, companies create products that are likely to sell. They also use marketing strategies to create awareness and reach a wider audience. Companies depend upon the public for approval, and therefore, need to constantly innovate and improve their products.
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Similar Verbal Doubts

As formal organizations, business corporations are distinguished by their particular goals, which include maximization of profits, growth, and survival. Providing goods and services is a means to this end. If, for example, a number of individuals (outsiders or even insiders) believe that a companys aggressive marketing of infant formula in third world countries is morally wrong, the company is unlikely to be moved by arguments based on ethos alone as long as what it is doing remains profitable. But if those opposed to the companys practice organize a highly effective boycott of the companys products, their moral views will soon enter into the companys deliberations indirectly as limiting operating conditions. They can, at this point, no more be ignored than a prohibitive increase in the costs of certain raw materials. Although the concepts and categories of ethics may be applied to the conduct of corporations, there are important differences between the values and principles underlying corporate behaviour and those underlying the actions of most individuals. If corporations are by their nature end- or goal-directed how can they acknowledge acts as wrong in and of themselves? Is it possible to hold one criminally responsible for acts that if performed by a human person would result in criminal liability? The first case of this type to achieve widespread public attention was the attempt to prosecute the Ford Motor Company for manslaughter as the result of alleged negligent or reckless decision making concerning the safety engineering of the Pinto vehicle. Although the defendant corporation and its officers were found innocent after trial, the case can serve as an exemplar for our purposes. In essence, the prosecution in this case attempted to show that the corporation had produced and distributed a vehicle that was known to be defective at the time of production and sale, and that even after a great deal of additional information accumulated regarding the nature of the problems, the corporation took no action to correct them. The obvious non-corporate analogy would be the prosecution of a person who was driving a car with brakes known to be faulty, who does not have them repaired because it would cost too much, and who kills someone when the brakes eventually fail and the car does not stop in time. Such cases involving individuals are prosecuted and won regularly.If corporations have no concept of right or wrong because they are exclusively goal-directed, can they be convicted in cases of this type, and what purpose would be served by such a conviction? Perhaps we can make a utilitarian argument for convicting corporations of such crimes. The argument would be that of deterrence; conviction and punishment would deter other corporations from taking similar actions under similar circumstances. However, there appears to be considerable evidence that deterrence does not work on corporations, even if, arguably, it works on individuals. The possibility of being discovered and the potential magnitude of the fine merely become more data to be included in the analysis of limiting conditions. Directions: Read the above paragraph and answer the following:Q. Which of the following assertions would most strengthen the authors claim that deterrence will not work on corporations?

As formal organizations, business corporations are distinguished by their particular goals, which include maximization of profits, growth, and survival. Providing goods and services is a means to this end. If, for example, a number of individuals (outsiders or even insiders) believe that a companys aggressive marketing of infant formula in third world countries is morally wrong, the company is unlikely to be moved by arguments based on ethos alone as long as what it is doing remains profitable. But if those opposed to the companys practice organize a highly effective boycott of the companys products, their moral views will soon enter into the companys deliberations indirectly as limiting operating conditions. They can, at this point, no more be ignored than a prohibitive increase in the costs of certain raw materials. Although the concepts and categories of ethics may be applied to the conduct of corporations, there are important differences between the values and principles underlying corporate behaviour and those underlying the actions of most individuals. If corporations are by their nature end- or goal-directed how can they acknowledge acts as wrong in and of themselves? Is it possible to hold one criminally responsible for acts that if performed by a human person would result in criminal liability? The first case of this type to achieve widespread public attention was the attempt to prosecute the Ford Motor Company for manslaughter as the result of alleged negligent or reckless decision making concerning the safety engineering of the Pinto vehicle. Although the defendant corporation and its officers were found innocent after trial, the case can serve as an exemplar for our purposes. In essence, the prosecution in this case attempted to show that the corporation had produced and distributed a vehicle that was known to be defective at the time of production and sale, and that even after a great deal of additional information accumulated regarding the nature of the problems, the corporation took no action to correct them. The obvious non-corporate analogy would be the prosecution of a person who was driving a car with brakes known to be faulty, who does not have them repaired because it would cost too much, and who kills someone when the brakes eventually fail and the car does not stop in time. Such cases involving individuals are prosecuted and won regularly.If corporations have no concept of right or wrong because they are exclusively goal-directed, can they be convicted in cases of this type, and what purpose would be served by such a conviction? Perhaps we can make a utilitarian argument for convicting corporations of such crimes. The argument would be that of deterrence; conviction and punishment would deter other corporations from taking similar actions under similar circumstances. However, there appears to be considerable evidence that deterrence does not work on corporations, even if, arguably, it works on individuals. The possibility of being discovered and the potential magnitude of the fine merely become more data to be included in the analysis of limiting conditions. Directions: Read the above paragraph and answer the following:Q.A claim that things have ethical value to corporations only insofar as they are instrumental in furthering the ultimate goals of the corporation is

As formal organizations, business corporations are distinguished by their particular goals, which include maximization of profits, growth, and survival. Providing goods and services is a means to this end. If, for example, a number of individuals (outsiders or even insiders) believe that a company‘s aggressive marketing of infant formula in third world countries is morally wrong, the company is unlikely to be moved by arguments based on ethos alone as long as what it is doing remains profitable. But if those opposed to the company‘s practice organize a highly effective boycott of the company‘s products, their moral views will soon enter into the company‘s deliberations indirectly as limiting operating conditions. They can, at this point, no more be ignored than a prohibitive increase in the costs of certain raw materials. Although the concepts and categories of ethics may be applied to the conduct of corporations, there are important differences between the values and principles underlying corporate behaviour and those underlying the actions of most individuals. If corporations are by their nature end- or goal-directed how can they acknowledge acts as wrong in and of themselves? Is it possible to hold one criminally responsible for acts that if performed by a human person would result in criminal liability? The first case of this type to achieve widespread public attention was the attempt to prosecute the Ford Motor Company for manslaughter as the result of alleged negligent or reckless decision making concerning the safety engineering of the Pinto vehicle. Although the defendant corporation and its officers were found innocent after trial, the case can serve as an exemplar for our purposes. In essence, the prosecution in this case attempted to show that the corporation had produced and distributed a vehicle that was known to be defective at the time of production and sale, and that even after a great deal of additional information accumulated regarding the nature of the problems, the corporation took no action to correct them. The obvious non-corporate analogy would be the prosecution of a person who was driving a car with brakes known to be faulty, who does not have them repaired because it would cost too much, and who kills someone when the brakes eventually fail and the car does not stop in time. Such cases involving individuals are prosecuted and won regularly. If corporations have no concept of right or wrong because they are exclusively goal-directed, can they be convicted in cases of this type, and what purpose would be served by such a conviction? Perhaps we can make a utilitarian argument for convicting corporations of such crimes. The argument would be that of deterrence; conviction and punishment would deter other corporations from taking similar actions under similar circumstances. However, there appears to be considerable evidence that deterrence does not work on corporations, even if, arguably, it works on individuals. The possibility of being discovered and the potential magnitude of the fine merely become more data to be included in the analysis of limiting conditions. Directions: Read the above paragraph and answer the following: Q. If a company that produced shampoo products opted to stop the routine testing of its products on animals because it decided that it is wrong to cause the animals pain, what effect would this have on the argument made in the passage?

In the decades following World War II, American business had undisputed control of the world economy, producing goods of such high quality and low cost that foreign corporations were unable to compete. But in the mid-1960s the United States began to lose its advantage and by the 1980s American corporations lagged behind the competition in many industries. In the computer chip industry, for example, American corporations had lost most of both domestic and foreign markets by the early 1980sThe first analysts to examine the decline of American business blamed the U.S. government. They argued that stringent governmental restrictions on the behaviour of American corporations, combined with the wholehearted support given to foreign firms by their governments, created and environment in which American products could not compete. Later analysts blamed predatory corporate raiders who bought corporations, not to make them more competitive in the face of foreign competition, but rather to sell off the most lucrative divisions for huge profits. Still later analysts blamed the American workforce, citing labour demands and poor productivity as the reasons American corporations have been unable to compete with Japanese and European firms. Finally, a few analysts even censured American consumers for their unpatriotic purchases of foreign goods. The blame actually lies with corporate management, which has made serious errors based on misconceptions about what it takes to be successful in the marketplace.These missteps involve labour costs, production choices, and growth strategies. Even though labour costs typically account for less than 15% of a products total cost, management has been quick to blame the costs of workers wages for driving up prices, making American goods uncompetitive. As a result of attempts to minimize the cost of wages, American corporations have had trouble recruiting and retaining skilled workers.The emphasis on cost minimization has also led to another blunder: an over-concentration on high technology products. Many foreign firms began by specializing in the mass production and sale of low technology products, gaining valuable experience and earning tremendous profits. Later, these corporations were able to break into high technology markets without much trouble; they simply applied their previous manufacturing experience and ample financial resources to the production of higher quality goods. American business has consistently ignored this very sensible approach. The recent rash of corporate mergers and acquisitions in the U.S. has not helped the situation either. While American firms have neglected long-range planning and production, preferring instead to reap fast profits through mergers and acquisitions, foreign firms have been quickto exploit opportunities to ensure their domination over future markets by investing in the streamlining and modernization of their facilities.Direction: Read the above Paragraph and answer the follownig QuetionsQ.Which of the following would most weaken the authors argument about the over-concentration on high technology products?

In the decades following World War II, American business had undisputed control of the world economy, producing goods of such high quality and low cost that foreign corporations were unable to compete. But in the mid-1960s the United States began to lose its advantage and by the 1980s American corporations lagged behind the competition in many industries. In the computer chip industry, for example, American corporations had lost most of both domestic and foreign markets by the early 1980sThe first analysts to examine the decline of American business blamed the U.S. government. They argued that stringent governmental restrictions on the behaviour of American corporations, combined with the wholehearted support given to foreign firms by their governments, created and environment in which American products could not compete. Later analysts blamed predatory corporate raiders who bought corporations, not to make them more competitive in the face of foreign competition, but rather to sell off the most lucrative divisions for huge profits.Still later analysts blamed the American workforce, citing labour demands and poor productivity as the reasons American corporations have been unable to compete with Japanese and European firms. Finally, a few analysts even censured American consumers for their unpatriotic purchases of foreign goods. The blame actually lies with corporate management, which has made serious errors based on misconceptions about what it takes to be successful in the marketplace. These missteps involve labour costs, production choices, and growth strategies.Even though labour costs typically account for less than 15% of a products total cost, management has been quick to blame the costs of workers wages for driving up prices, making American goods uncompetitive. As a result of attempts to minimize the cost of wages, American corporations have had trouble recruiting and retaining skilled workers.The emphasis on cost minimization has also led to another blunder: an over-concentration on high technology products. Many foreign firms began by specializing in the mass production and sale of low technology products, gaining valuable experience and earning tremendous profits. Later, these corporations were able to break into high technology markets without much trouble; they simply applied their previous manufacturing experience and ample financial resources to the production of higher quality goods. American business has consistently ignored this very sensible approach. The recent rash of corporate mergers and acquisitions in the U.S. has not helped the situation either. While American firms have neglected long-range planning and production, preferring instead to reap fast profits through mergers and acquisitions, foreign firms have been quickto exploit opportunities to ensure their domination over future markets by investing in the streamlining and modernization of their facilities.Direction: Read the above Paragraph and answer the follownig QuetionsQ.With which of the following general statements would the author most likely NOT agree?

Companies producing goods play to the gallery to boost their sales.a)advertiseb)cater to the public taste c)attempt to appeal to popular taste d)depend upon the public for approvalCorrect answer is 'C'. Can you explain this answer?
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Companies producing goods play to the gallery to boost their sales.a)advertiseb)cater to the public taste c)attempt to appeal to popular taste d)depend upon the public for approvalCorrect answer is 'C'. Can you explain this answer? for Verbal 2025 is part of Verbal preparation. The Question and answers have been prepared according to the Verbal exam syllabus. Information about Companies producing goods play to the gallery to boost their sales.a)advertiseb)cater to the public taste c)attempt to appeal to popular taste d)depend upon the public for approvalCorrect answer is 'C'. Can you explain this answer? covers all topics & solutions for Verbal 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Companies producing goods play to the gallery to boost their sales.a)advertiseb)cater to the public taste c)attempt to appeal to popular taste d)depend upon the public for approvalCorrect answer is 'C'. Can you explain this answer?.
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