Two of the Basic Forms of Sales Promotion Are ____

question 15

Multiple Choice

Two of the basic forms of sales promotion are ____ sales promotion and ____ sales promotion.

• A) sales force; consumer-market
• B) trade-market; consumer-market
• C) sales forces; trade-market
• D) short-term oriented; long-term oriented

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Definitions:

Future Value

The value of an investment or asset at a specific future date, accounting for specified interest rates or returns.

Present Value

The today's value of a sum of money expected in the future or successive cash flows, considering a determined rate of return.

Compound Interest

Compound interest is the interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

Future Value

An estimated future value of a present asset, projected by applying an anticipated growth rate over time.