Describe the importance of promotional strategies as one of the basic elements of the marketing mix
Question:
Describe the importance of promotional strategies as one of the basic elements of the marketing mix
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 93% (15 reviews)
Promotional strategy is one of the most important elements of the marketing mix Some of the promotio...View the full answer
Answered By
Divya Munir
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
0 Reviews
10+ Question Solved
Related Book For
Marketing Research An Applied Orientation
ISBN: 978-0136085430
6th edition
Authors: Naresh K Malhotra
Question Posted:
Students also viewed these Economics questions
-
Describe the importance of reference groups in international marketing.
-
Describe the importance of documentation under an SDLC methodology.
-
Describe the importance of visual communication in print and television advertising.
-
On January 1, 2011, M Company granted 98,000 stock options to certain executives. The options are exercisable no sooner than December 31, 2013 and expire on January 1, 2017. Each option can be...
-
A discharge of 0.0820 m3/sec passes through a horizontal, 20-cm waterline containing a 10-cm ASME flow nozzle. Determine the pressure difference that will register across the flow meter in pascals.
-
What is a value-added tax, and how does it differ from an income tax?
-
Grocery chains such as Kroger track consumers purchasing habits through store loyalty cards. These cards collect purchasing data and build consumer profiles. How can grocers such as Kroger use these...
-
A production line at V.J. Sugumarans machine shop has three stations. The first station can process a unit in 10 minutes. The second station has two identical machines, each of which can process a...
-
Walsh Company manufactures and sells one product. The following information pertains to each of the company's first two years of operations: Variable costs per unit: Manufacturing: Direct materials...
-
The alignment between the magnetic tape and head in a magnetic tape storage system affects the performance of the system. Suppose that 10% of the read operations are degraded by skewed alignments, 5%...
-
What exactly is pluralism, ethnicity, and the concept of 'social construction of ethnicity?
-
How does varying preferences and restriction in the global community effect the marketing mix-promotion such as coupons in Greece and prohibition of games in France.
-
A foreign currency is currently worth $1.50. The domestic and foreign risk-free interest rates are 5% and 9%, respectively. Calculate a lower bound for the value of a six-month call option on the...
-
A new partner C is invited to join in the AB partnership. Currently, A's and B's capital are $540,000 and $100,000, respectively. According to their profit and loss sharing contract, partner A and B...
-
The two tanks shown are connect through a mercury manometer. What is the relation between ???? and ? water Az water Ah
-
1. After reading about the types of rights that prisoners have while incarcerated, which of these rights, if any, should be reduced or diminished? Why? 2. In the same way, what rights do you believe...
-
According to the Socratic view of morality summarized by Frankena, is a person brought up by immoral parents in a corrupt society capable of making correct moral judgements? Why or why not? Do you...
-
Loma Company manufactures basketball backboards. The following information pertains to the company's normal operations per month: Output units15,000 boards Machine-hours4,000 hours Direct...
-
Required return. What is the relationship between required returns and growth rates in the dividend growth model?
-
1. Use these cost, revenue, and probability estimates along with the decision tree to identify the best decision strategy for Trendy's Pies. 2. Suppose that Trendy is concerned about her probability...
-
How does the Prais-Winsten technique modify the GLS?
-
On numerous occasions, proposals have surfaced to put the federal government on the accrual basis of accounting. This is no small issue. If this basis were used, it would mean that billions in...
-
Conan Industries collected $100,000 from customers in 2010. Of the amount collected, $25,000 was from revenue earned on account in 2009. In addition, Conan earned $40,000 of revenue in 2010, which...
-
Emeril Corporation encounters the following situations: 1. Emeril collects $1,000 from a customer in 2010 for services to be performed in 2011. 2. Emeril incurs utility expense which is not yet paid...
-
When preparing government-wide financial statements, the modified accrual based governments funds are adjusted. Please show the adjustments (in journal entry form with debits and credits) that would...
-
I need help finding the callable price and call value
-
On 31 October 2022, the owner took goods for his son as a birthday gift. The cost price of the goods was R15 000
Study smarter with the SolutionInn App