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olganol [36]
2 years ago
10

P&T Inc.

Business
1 answer:
iVinArrow [24]2 years ago
3 0

Answer:

A short-term inducement of value offered to arouse interest in buying a product or service

Explanation:

Sales promotion can be defined as a process of trying to get a potential customer to buy the product by persuading them. Sales promotion a short-term tactic used for the purpose of boosting sales. As a method of building long-term customer loyalty, it is barely suitable. Sales promotions are aimed at getting consumers interested in purchasing a product or service.

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Majority of open end funds - mutual funds can issue new shares at all times as per response to the demand by investors. Shares bought and sold in open end fund are priced daily based on their current net asset value (NAV) . Example of open end funds are hedge funds, mutual funds, exchange traded funds (ETFs)/etc.

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