Which of the Following Statements Partially Explains the Rapid Growth

question 59

Multiple Choice

Which of the following statements partially explains the rapid growth of sales promotions?

• A) Companies face more competition from competing product categories and brands.
• B) Consumers have become more price- oriented.
• C) The trade is demanding more deals from manufacturers.
• D) Top management now views sales promotions as effective sales tools.
• E) All of the above reasons help explain the rapid growth of sales promotions.

---

Definitions:

Delegating Authority

The act of assigning decision-making power and tasks to subordinates in an organizational setup, enhancing efficiency and empowerment.

Knowledge

Information, understanding, or skills acquired through experience or education; the theoretical or practical understanding of a subject.

Increased Cost

A rise in the financial expenditure required for resources, materials, labor, or operations relative to initial estimates or historical norms.

Organizational Skills

The ability to use time, energy, resources, etc., efficiently and effectively to achieve desired outcomes.