Answer:
Letter E is correct. <u>Sales promotion.</u>
Explanation:
When an organization decides to conduct a sales promotion, it uses a set of tools to encourage and consequently increase short-term sales of products and services.
There are several strategies for conducting a sales promotion. Companies can use:
- discount coupons,
- samples,
- gifts,
- sweepstakes,
- rewards,
- point of sale promotion,
- promotional discounts (...)
There are two factors that influence the development of sales promotion goals: audience and rapprochement (which can be proactive or reactive). The audience sets the goals, so proactive advocacy is about expanding the market, increasing revenue, creating brand value. Reactive goals are determined by negative situations, so goals include market exit, matching competitors and generating liquidity.
Answer: The total value created from the trade is $58
Explanation: The value created by me is $25 as I sold for $70 a bicycle worth $45 to me. That is $70 - $45 = $25.
On the otherhand, my friend created a value/gain of $33. He bought the bicycle for $70 but the worth to him is $103. That is, $103 - $70 = $33
In essence, the total value created will be the summation of the value created by me and that of my friend
That is, $25 + $33 = $58
Answer:
$500
Explanation:
Data provided in the question
Salary for the first year = $50,000
CPI increase during the year = 4%
Overstated inflation = 1% i.e 5%
The computation of the increased in salary is shown below:
= Salary of the first year × inflation rate - salary of the first year × CPI increase during the year
= $50,000 × 5% - $50,000 × 4%
= $2,500 - $2,000
= $500
Answer:
Explanation: Entrepreneurship is the act of setting out on your own and starting a business instead of working for someone else in his business. While entrepreneurs must deal with a larger number of obstacles and fears than hourly or salaried employees, the payoff may be far greater as well
Answer:
<u>Share of heart.</u>
Explanation:
Share of heart is a concept that reflects a trend in the way companies relate to consumers.
So the question used to analyze the competition "Name of the company from whom you prefer to buy the product", relates to the concept of Share of Heart, which is the deep and emotional relationship that the customer has for the company, and is acquired through experiences positive strides with the company.
This "winning the customer's heart" strategy is not easy to achieve, but the benefits added to it are valuable for organizational success, maintaining customer loyalty and increasing the value of brand or company perception, guarantees market gain , greater consumer satisfaction and helps to increase profitability.