Which of the Following Would NOT Be a Wise Marketing

question 67

Multiple Choice

Which of the following would NOT be a wise marketing strategy during a recession?

• A) Raise prices to make up for lost sales.
• B) Increase promotional outlays to create interest in the store or product.
• C) Improve customer service to attract more trade.
• D) Launch lower-priced products.

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Definitions:

Ivan Pavlov

A Russian physiologist best known for developing the concept of the conditioned reflex through his work on classical conditioning.

Learning

The process of gaining understanding or abilities by means of being educated, learning from experiences, or receiving instruction.

Perception

The process of organizing, interpreting, and consciously experiencing the information from the environment through the senses.

Culture

The shared values, customs, art, and beliefs of a group of people, shaping their behavior and interactions.