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Alexus [3.1K]
1 year ago
14

Question 511 pts Advertising, personal selling, publicity, and sales promotion are collectively known as the Group of answer cho

ices product mix. distribution channels. promotion mix. marketing channels.
Business
1 answer:
mars1129 [50]1 year ago
6 0

Advertising, personal selling, publicity, and sales promotion are collectively known as the (C) promotion mix.

<h3>What is the promotion mix?</h3>
  • To achieve a given marketing goal, a promotional mix is a combination of marketing strategies such as advertising, sales, public relations, and direct marketing.
  • Typically, the promotional mix is merely one component of a bigger marketing mix.
  • A promotion mix is an important strategy for delivering a relevant promotion message to each segment via the most appropriate channel.
  • Improves client communication.
  • Companies create a promotion mix in an attempt to speak their customers' language.
  • When properly prepared, it aids in the development of trust between the brand and its clients.

Therefore, advertising, personal selling, publicity, and sales promotion are collectively known as the (C) promotion mix.

Know more about the promotion mix here:

brainly.com/question/15496841

#SPJ4

Correct question:

Advertising, personal selling, publicity, and sales promotion are collectively known as the:

(A) product mix.

(B) distribution channels.

(C) promotion mix.

(D) marketing channels.

(E) product strategy.

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owjsbsuensienusnwjhrudbehssyhe

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Sam and Lisa run a catering business in which they have two major tasks: getting new clients and preparing food for events and p
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Answer:

In this scenario, <u>LISA</u> has both an absolute advantage in food preparation, and <u>LISA</u> has a comparative advantage in food preparation.

Assume that initially, Sam and Lisa are splitting both tasks for a large number of events. Then they decide to start shifting some work according to the principle of comparative advantage. In particular, the person with the comparative advantage in food preparation will take over preparing food for one more event, and the other person will use the freed-up time to get more clients. As a result, the total number of events for which food is prepared will remain unchanged, but the number of new clients will increase by <u>1</u>.

Before they were getting 3 new customers since Sam got 2 and Lisa 1, but since Sam will only look for clients, then the total number of clients will be 4 (or 1 more).

Explanation:

It takes Sam 12 hours to prepare the food for an event and 3 hours of effort to get each new client.

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For Lisa, it takes 10 hours to prepare food for an event and 5 hours to get a new client.

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