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Stella [2.4K]
3 years ago
9

Explain the role of promotion as a marketing function

Business
1 answer:
Luden [163]3 years ago
4 0
To promote by introducing your product
You might be interested in
Which promotional issue is when promotion stimulates demand?
andriy [413]

In case whereby, promotion stimulates demand, then it could bring about lower prices for consumers which can be regarded as promotional issue to the brand.

  • For demand to be stimulated,  the customers needs are expected to be understood by the brands, and this is at the center of marketing communications.

We can conclude that for promotion to stimulates demand, the result could be lowering of price of goods for the consumer.

Learn more at:

brainly.com/question/24591855?referrer=searchResults

6 0
2 years ago
Sobota Corporation has provided the following partial listing of costs incurred during August: Marketing salaries $ 50,600 Prope
SIZIF [17.4K]

Answer:

A.Product cost $365,600

B.Period cost $350,300

Explanation:

Direct materials $174,800

Direct labor $90,200

Manufacturing overhead:

Property taxes, factory $17,700

Indirect labor $41,200

Depreciation of production equipment $41,700

Total product cost $365,600

b.

Marketing salaries $50,600

Administrative travel $99,500

Sales commissions $57,300

Advertising $142,900

Total period cost $350,300

5 0
3 years ago
Jennifer is a salesperson for a business insurance company. Recently she told several of her customers about new legislation tha
weqwewe [10]

Answer: Customer oriented.

Explanation:

The customers would see Jennifer as a customer oriented salesperson, who has the best motives for her customers. A customer oriented salesperson is very interested in making sure their customers succeed in achieving their goals.

8 0
3 years ago
Following her 18th birthday, Madison began investing $24 at the end of each week in an account earning 7% per year compounded we
Deffense [45]

Answer:

The answer is $26.80.

Explanation:

*Some inputs for the calculation as below:

One year period has 52 weeks

=> At the time she turns 68, she will have: (68-18) x 52 = 2,600 equal weekly cash flows; At the time she turns 47, she will have: (47-18) x 52 = 1,508 equal weekly cash flows.

* Present value of the investment plan lasting until she turns 68:

[ 24 / (7%:52) ] x [ 1 - (1+ (7%/52)^(-2,600) ] = $17,289.

* To have the same retirement nest egg at age 68, the present value of the investment plan lasting until she turns 47 should be equal to $17,289. Denote x is the weekly investment under the shorter investment scenario, we have:

[x / (7%:52) ] x [ 1 - (1+ (7%/52)^(-1,508) ] = $17,289 <=> x = $26.80.

4 0
3 years ago
Which of the following answer options are your employer's responsibility? (OSHA)
Dmitrij [34]

Answer: A, B, and C. ALL OF THE ABOVE!

Explanation:

They're all the correct answer.

3 0
3 years ago
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