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Firdavs [7]
2 years ago
7

Please develop an Integrated Marketing Communications (IMC) Plan for the US launch of any brand of your choice using the followi

ng tools:
Advertising, Personal Selling, Sponsorship, Event Marketing, Sales Development, Direct Marketing, Digital Marketing, Public Relations.
Business
1 answer:
neonofarm [45]2 years ago
3 0

An IMC plan for a particular product would include:

Advertising: To create public awareness

Personal Selling: To increase sales

Sponsorships: To get an increase in reach and funding

Event Marketing: To get a target audience

Sales Development: To increase sales and profit

Direct Marketing: To meet a specific audience for goods that they need.

Digital Marketing: To advertise through the use of social media

Public Relations: The interaction with the customers to get feedback

<h3>What is an Integrated Marketing Communications Plan?</h3>

This refers to the different techniques that are used to maximize marketing through the use of market research, strategic planning, etc.

Read more about marketing here:

brainly.com/question/25754149

#SPJ1

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The greatest justification for firm resources being committed to vertical integration (either forward or backward) is to add considerably to a company's technological capabilities, strengthen the company's competitive position, and/or increase its profitability.

A family of financial indicators known as profitability ratios is used to evaluate a company's potential to create profits over time in relation to its revenue, operational expenses, balance sheet assets, or shareholders' equity using information from a particular point in time. Efficiency ratios, which take into account how successfully a company uses its resources internally to generate income, can be contrasted to profitability ratios (as opposed to after-cost profits). Most profitability ratios show the company's performance by showing a higher value as compared to that of a competitor or to the same ratio from a prior period. The most insightful comparisons of profitability ratios are those made with comparable businesses, the company's own past, or industry averages.

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5 0
2 years ago
International business is frequently referred to as world or
Bad White [126]

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6 0
3 years ago
The benefits of time management
erastova [34]
Being more productive and more free time
7 0
4 years ago
Read 2 more answers
The market for pizza is perfectly competitive and has​ 1,000 firms. Each firm is identical. Describe each firm in​ long-run equi
Stolb23 [73]

Answer:

The correct answer is option D.

Explanation:

In a perfectly competitive market, firms can have positive economic profits only in the short run. In the long run, though, the firms can enter and exit the market, so if some firms among the 1,000 are having profits, it will attract potential firms to join the market.  

This causes the market supply to increase. This increase in supply reduces prices and profits.  

Similarly, if some of the firms among 1,000 are having losses in the short run, then in the long run, the firms incurring losses exit the market. This reduces market supply and thus increases price and profits.  

This process continues until all the firms are having zero economic profits.

8 0
4 years ago
Yardstick reports Group of answer choices are rarely written or used in businesses today. examine problems with two or more solu
vaieri [72.5K]

Answer:

Yardstick reports <u>examine problems with two or more solutions against set criteria</u>.

Explanation:

A yardstick report is used in <u>situations where a problem has multiple solutions.</u>

<em>It involves defining the criteria for choosing a solution, explaining each solution and then recommending the one that best solves the problem at hand.</em>

<em />

7 0
3 years ago
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