The producers of Mission Impossible 3 have completed a deal to make Jaguar the only car driven by the main character of the movie. The producers have agreed to feature the car in several scenes. In return, Jaguar management has agreed to donate 20 cars for general film production and stunt purposes. What type of product placement arrangement does this example illustrate? Group of answer choices

Bartering is the first medium exchange known to mankind. By bartering individuals would exchange valuable objects in the task of satisfying their needs. Nowadays, currency is the main medium of exchange but bartering is used in some other areas such as in business partnerships in which companies benefit one from the other thanks to their core competencies.

In the example the producers of "Mission Impossible 3" barter promoting Jaguar vehicles to obtain a donation of 20 vehicles of that brand for the film.

marvineetesh3 marvineetesh3 · Answer 2 · 2022-03-04T12:32:17+01:00

The type of product placement arrangement that the producer of mission impossible 3 illustrate is the barter.

What is barter?

Bartering is the prime medium of exchange known to humankind. It is a system in which there is no need to give money in exchange for any product or services, in this system, persons exchanges goods for goods.

Individuals would change an expensive physical object in the task of fulfilling their demands. Currently, the monetary system is the principal medium of exchange.

In the above example of, the producers of Mission Impossible 3, barter supporting Jaguar vehicles to acquire a contribution of 20 vehicles of that kind for the film.

Therefore, the correct placement agreement is the barter.

Learn more about the barter, refer to:

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