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DBS Bank Is Launching a New Investment Product Targeting Senior

question 88

Essay

DBS bank is launching a new investment product targeting senior citizens in Asia.The company decides to use direct marketing for selling the product.What direct marketing strategy would allow the company early testing and response measurement of the product?


Definitions:

Common Stock

Equity shares issued by a corporation representing ownership rights, including voting privileges and a share in corporate profits.

Cash Dividend

A cash dividend is a payout of earnings by a corporation to its shareholders in the form of cash.

Financial Statements

Documents that present an organization's financial performance and position, including the income statement, balance sheet, and cash flow statement.

Liabilities

Financial obligations or debts owed by a business to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

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