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What Is Sales Promotion? Give Some Examples of Common Sales

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What is sales promotion? Give some examples of common sales promotion techniques.


Definitions:

Federal Government Legislation

Laws and regulations created and enacted by the national government of a country.

Authorized

Officially given permission or power to do something.

Monetary Stimulus

Economic policy measures undertaken by central banks to increase the money supply and lower interest rates, aimed at boosting economic activity.

High Inflation

A situation where the general level of prices for goods and services rises rapidly over a period of time, eroding purchasing power.

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