Communication That Is Intended to Inform, Persuade, or Remind an Organisation's

question 6

True/False

Communication that is intended to inform, persuade, or remind an organisation's target markets about the organisation and its products is called promotion.

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Definitions:

Tax Rate

is the percentage at which an individual or corporation is taxed by the government.

Average Sale Period

The average sale period measures the average amount of time it takes for a business to convert its inventory into sales.

Cost of Goods Sold

The total cost of manufacturing and delivering a product to customers, typically including material, labor, and overhead expenses.

Inventory

Materials and goods a business holds for the purpose of resale or as input in its production process.