In Which Type of Consumer Promotion Are Prizes Available to Consumers

question 40

Multiple Choice

In which type of consumer promotion are prizes available to consumers either through chance selection or games of skill?

• A) Rebates and refunds
• B) Coupons
• C) Sweepstakes and contests
• D) Premiums

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Definitions:

Outsourcing

The practice of hiring third parties to perform services or create goods that were traditionally performed in-house, often to reduce costs or access specialized skills.

Competitors

Other businesses or individuals offering similar products or services in the same market, engaging in a rivalry to gain greater revenue, market share, or recognition.

Documenting

The process of systematically recording information, events, or processes, often for purposes of evidence, compliance, or record-keeping.

Job Evaluation Manuals

Written guides that provide a systematic approach to determining the relative worth of jobs within an organization by outlining criteria, methodologies, and procedures.