Answer:
Sales Promotion Strategy
Explanation:
Sales Promotion Strategy is the strategy which is followed by the firms or the organization where the firms or the organization tries to encourage the potential buyers or the customers in order to buy or purchase a specific product or the service through offering the special discount or the incentive.
This will boost the short term sales so that could attract the new customers or repeat the purchases.
Answer:the firm should increase price
Explanation:
From the question there is a shortage i.e Demand is greater than Supply, the firm should increase the price of the product which would induce suppliers to increase their supply.
The increase in price would lead to a movement along the demand curve with would in turn correct the disequilibrium.
Answer:The answer is E. (A and B only)
Explanation: Absences in general affect the efficiency of a company. Studies have proved that healthier and happier employees perform more efficiently which leads to a better and more pleasant workplace.
Answer: Missionary marketing is indirect selling. The salesperson provides the information about the product and tries to influence the buying decision.
Explanation: This marketing strategy is used to convince a person who is new to the product or has never used the product. The motive is to influence than direct sale. The salesperson is known as Detailer. Here Tender Love is practicing the same marketing strategy.
