Which statement describes sponsorships?
A)one of the fastest growing categories of promotional spending
B)one of the newest forms of product promotion
C)a promotional channel that is slowly losing favour as more firms turn to the Internet to reach their target audience
D)one of the least effective promotional channels when it comes to reaching a specific target market

Question

Quizplus · Accepted Answer

Sponsorships are one of the fastest growing categories of promotional spending, with companies investing billions of dollars each year to associate their brand with events, teams, or causes that align with their brand image and target audience.

Which Statement Describes Sponsorships