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svlad2 [7]
2 years ago
15

Sales promotion is the promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activitie

s.
a. True
b. False
Business
1 answer:
Harman [31]2 years ago
4 0

Answer:

a. True

Explanation:

Sales promotion is the marketing strategy in which the product is being promoted via using short term & attractive initiatives in order to stimulate the demand so that the sales could be increased. It could be used for introducing a new product in the market, selling out the existing inventory, for attracting more customers, etc

Therefore as per the given statement, the option a is correct

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Claire wants to introduce an electric vegetable chopper that can also work on hand-gesture commands. She wants to demonstrate th
NikAS [45]

Answer:

direct channel (or producer to consumer)

Explanation:

This channel is appropriate when a producer is trying to introduce an innovative product or service and wants to reach a large audience. The best way a manufacturer or producer can sell its products or services directly to consumer is through internet sales.

3 0
2 years ago
A new security system has a price-tag of $8,000, but should save your company $3,600 each year for the next 10 years in reduced
tensa zangetsu [6.8K]

If the required rate of return is 7.2%, no such security shall be purchased.

<h3>What does the required rate of return mean?</h3>

The required rate of return is the expected percentage of returns on investment at the time the investment is made. The required rate of return, in this case, is 7.2%.

The actual returns earned from purchasing the security for $8000 and receiving returns of $3600 are calculated to be around a 3.6% return.

As a result, if the required rate of return on investment is 7.2%, the security should not be purchased.

Read more about the required rate of return here:

brainly.com/question/13987385

#SPJ4

3 0
1 year ago
The board of directors declared cash dividends totaling $160,000 during the current year. The comparative balance sheet indicate
Nikitich [7]

Answer: $164,300

Explanation:

Cash payments to stockholders shows the total amount that the shareholders of a company got during the year. It includes the money owed to them at the start of the year in addition to cash paid during the year.

= Beginning dividends payable + Dividends for the year - Ending dividends

= 43,200 + 160,000 - 38,900

= $164,300

8 0
3 years ago
The price elasticity of demand measures the: A. responsiveness of quantity demanded to a change in quantity supplied. B. respons
pickupchik [31]

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

The price elasticity of demand determines the flexibility of the volume needed to adjust the price.

The demand of an individual or market becomes inelastic if it will not adjust much to increasing prices, and it is elastic for an individual or market if the demand of a particular commodity will shift a lot as prices shift.

6 0
3 years ago
3. Which of the following is not a characteristic of a service? (1 point)
Alona [7]

Answer:

marketability is not correct

Explanation:

Four characteristics of service are;

intangibility,

inseparability,

variability and.

perishability.

6 0
3 years ago
Read 2 more answers
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