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Launch! Advertising and Promotion in Real Time, 2009a

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3.5 Exercises<br />

TIE IT ALL TOGETHER<br />

Now that you have read this chapter, you should be able to underst<strong>and</strong> how the economic effects of<br />

advertis<strong>in</strong>g are constantly be<strong>in</strong>g spread throughout the economy:<br />

<br />

<br />

<br />

<br />

<br />

You can recognize that advertis<strong>in</strong>g is the glue that holds our culture together.<br />

You can identify the various economic effects of advertis<strong>in</strong>g with respect to overall size <strong>and</strong> impact.<br />

You can <strong>in</strong>terpret the economic rationale for creat<strong>in</strong>g, accept<strong>in</strong>g, <strong>and</strong> us<strong>in</strong>g advertis<strong>in</strong>g.<br />

You can describe the positive effects of advertis<strong>in</strong>g <strong>and</strong> how it enhances our world.<br />

You can discuss the ethical hot buttons that engage our social <strong>in</strong>stitutions <strong>in</strong> critical discussions of<br />

advertis<strong>in</strong>g.<br />

<br />

You can recall the various federal <strong>and</strong> <strong>in</strong>dustry regulators that monitor advertis<strong>in</strong>g <strong>and</strong> advertis<strong>in</strong>g<br />

practice <strong>in</strong> the United States.<br />

USE WHAT YOU’VE LEARNED<br />

1. Picture yourself driv<strong>in</strong>g your electric car down the highway of tomorrow look<strong>in</strong>g for a place to refuel.<br />

Though this vision might be optimistic at this po<strong>in</strong>t <strong>in</strong> time, electric <strong>and</strong> alternative-fuel cars are realities<br />

just over the horizon. Refuel<strong>in</strong>g stations for electric cars will most likely not resemble the corner or<br />

freeway gas station. Instead, refuel<strong>in</strong>g sites are more likely to look like roadside parks. Refuel<strong>in</strong>g stations<br />

that recharge batteries may have solar roofs that provide the current for the refuel<strong>in</strong>g. S<strong>in</strong>ce refuel<strong>in</strong>g is<br />

expected to take several m<strong>in</strong>utes, refuel<strong>in</strong>g stations will provide for rest <strong>and</strong> activities. If advertis<strong>in</strong>g is the<br />

“glue of a nation” with respect to its culture, expla<strong>in</strong> what role advertis<strong>in</strong>g would play <strong>in</strong> mak<strong>in</strong>g electric<br />

<strong>and</strong> alternative fuel cars <strong>and</strong> their refuel<strong>in</strong>g stations become a reality <strong>in</strong> the future. Consider aspects of<br />

social responsibility as you form your explanation.<br />

2. Do you have any idea how often your life is impacted by Bluetooth technology? In case you didn’t know<br />

this, it is Bluetooth technology, developed by communication giant Ericsson, that enables all of our<br />

electronic <strong>and</strong> <strong>in</strong>formational devices to talk to one another. For example, Bluetooth technology enables<br />

wireless headsets to communicate with other devices. You might have noticed that Aliph has just<br />

<strong>in</strong>troduced a new Bluetooth-enabled headset called Jawbone that is smaller, lighter, <strong>and</strong> cuts w<strong>in</strong>d noise<br />

more than any previous headset designs. The headset is about the size of a large rectangular earr<strong>in</strong>g or<br />

Saylor URL: http://www.saylor.org/books<br />

Saylor.org<br />

88

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