In marketing, an example of a Sales promotion is a consumer context.
<h3>What is a
Sales promotion?</h3>
This refers to strategy employed by a firm who uses a campaign or offer to increase the consumer;s interest or demand in its product
Because the consumer context involves making relevant offers when the customer is poised to make a purchase, this is an example of Sales promotion.
Therefore, the Option A is correct.
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Answer:
1) 6% , 2) 5% , 3) As inflation rate ise higher than expected inflation rate, real interest rate would be lower than expected real interest rate
Explanation:
Real Interest Rate is the interest rate, which accounts for the impact of inflation.
Real Interest Rate = Nominal Interest Rate - Inflation
1) 14% - 8% = 6%
2) 14% - 9% = 5%
3) In case of variation in expected & actual inflation rate
1 + nominal interest rate = (1 + real interest rate) (1 + expected inflation rate)
1 + 14% = (1 + r) (1 + 3%)
1.14 = (1 + r) (1.03)
1.14 = 1.03 + 1.03r
0.11 = 1.03r
r = 8.82 {If inflation is higher at 9%}
If inflation could have been at expected 3%, real interest rate could have been 14% - 3% = 11%.
So : As inflation rate turned out to be higher than expected inflation rate, real interest rate turned out to be lower than expected real interest rate
Answer: TWENTY FIVE (25)
Explanation: NFIB (National federation of independent businesses) is an association of small businesses with members spread across the United States of America . NFIB usually collects data concerning small businesses economic trends both monthly and quarterly, since the year 1973. Through the surveys they have been able to understand the trend of survival of small Businesses which they put at 25 Small Businesses in every 100 Small Businesses. NFIB arrives at conclusions through consensus agreement among its members.
Answer: False
Explanation:
In an emerging market, there are only a few firms as the product is new and so has not been copied extensively yet. As a result, only a small set of firms are dominant in the market.
As the market grows and firms see that there is profit to be made, they will come into the market and this will increase the number of firms and reduce the dominance of the earlier firms.
