Promotion mix
<h2>What is Promotion mix?</h2>
By using the goal rate of return on investment, or what the company anticipates from the venture's investments, the firm sets the price for a product or service. The rate of return pricing helps the business generate the necessary amount of profit to keep its liquidity. The price is set so that if sales continue to grow at the rate they are now, the ultimate objective of creating corporate profit is achieved.
<h3>What is the objective of Promotion mix?</h3>
- To inform potential customers about the features, availability, and applications of items.
- To increase demand, clients' awareness and interest must be raised.
- To set a product apart from rival products by fostering brand loyalty.
- To maintain sales by emphasizing the usefulness of the product.
Promotion has often been the target of criticism. Some opine that “promotion contributes nothing to society”, and for some others “promotion forces consumers to buy products they cannot afford and do not need”, and so on. It may be true that promotion can certainly be criticized on many of its aggressive and compelling factors. But it should also be recognized that it plays a crucial role in modern society, particularly in business, economic and social spheres of influence.
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Answer:
In my opinion, a profitable business owner is distinguished by the following seven characteristics:
They are visionaries.
They build teams.
They focus on scaling their business.
They know their numbers.
They take fiscal responsibility.
They charge more than it costs.
They keep fear at bay.
Explanation:
<span>Who is better off: a person using credit cards or a person refraining from any loans? A person using credit cards is better off </span>from a person refraining from any loans. A person using credit can often purchase more and have more flexibility with their money over someone who only uses cash. There are items and services that do not take cash as a form of payment, so without a credit card the person can not make the purchase.
Answer: Investigating the website of a company allows me to have a general idea about what this consists of.
Explanation: In the job search process one of the ways to learn more about the company of interest is to investigate on its website. The website of a company offers general information about the company such as mission, vision, values, the services or products they offer, the work team that makes up the company, and that they look for when recruiting a person.
Answer:
C.Principal
The amount of the loan is called the principal, and the extra amount they charge you to borrow the money is called interest.
hope this helps :)
