When Are Sales Promotions Most Effective

question 47

Multiple Choice

When are sales promotions most effective?

• A) when there is no timeframe that needs to be considered
• B) when they are used with other marketing strategies
• C) when the product is new to the market
• D) when there is a monetary reward or savings

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Definitions:

Tariff

A tax imposed by a government on goods and services imported from other countries to raise state revenue or protect domestic industries.

Imported Steel

Steel that is produced in one country and then brought into another country for use in manufacturing or construction.

Quantity

The amount or number of a material or immaterial good considered as a unit or an aggregate.

Price

The amount of money needed to buy a particular good, service, or resource.