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Percentage of Sales Budgeting
A method of budgeting where marketing and/or advertising expenses are based on a predetermined percentage of past or forecasted sales.
Competitor's Absolute Level
A measurement or assessment of a competitor's total performance or standing in the market without relative comparison.
Market Share
The fraction of a market occupied by a particular company or product.
Promotion Objectives
Goals that an organization aims to achieve through its promotional activities, such as increasing brand awareness, generating sales, or enhancing product knowledge among consumers.
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