What is the process of promoting a business by obtaining media coverage without directly paying for it?

Prepare for the IB Business and Management SL Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Get ready for success!

Multiple Choice

What is the process of promoting a business by obtaining media coverage without directly paying for it?

Explanation:
Publicity is earning media attention without paying for ad space. It happens when a business creates or shares newsworthy information, events, or stories that the media decide to cover, giving credible, independent coverage that enhances awareness. This contrasts with advertising, which is paid for and controlled by the company; sponsorship, which involves a paid partnership for exposure; and word of mouth, which is informal, consumer-driven recommendations.

Publicity is earning media attention without paying for ad space. It happens when a business creates or shares newsworthy information, events, or stories that the media decide to cover, giving credible, independent coverage that enhances awareness. This contrasts with advertising, which is paid for and controlled by the company; sponsorship, which involves a paid partnership for exposure; and word of mouth, which is informal, consumer-driven recommendations.

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