One of the Critical Points of Creating a Sales Promotion

question 20

True/False

One of the critical points of creating a sales promotion is to make sure that you do not alienate and lose customers because you can not fulfill the demand.

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Definitions:

Profit (Loss)

The financial result of operations, where profit indicates revenue exceeds expenses, and loss indicates expenses exceed revenue.

Sale Price

The final price of a product or service after any discounts or promotions have been applied.

Net Profit

The total earnings after all expenses and taxes have been subtracted from revenue.

Overhead Expenses

costs related to the day-to-day running of a business but not directly tied to producing goods or services.