________ Consists of Short-Term Incentives to Encourage the Purchase or Sale

question 38

Multiple Choice

________ consists of short-term incentives to encourage the purchase or sale of a product or service.

• A)A patronage reward
• B)A segmented promotion
• C)Advertising
• D)Sales promotion
• E)Publicity

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Definitions:

Technological Change

Refers to the improvement or innovation in technology, affecting how goods or services are produced or delivered.

Number Of Suppliers

The total count of entities or individuals providing a specific good or service in a market.

Normal Good

A good for which demand increases as the income of the individual or economy increases, and decreases when the income decreases.

Income Increases

Refers to the rise in the monetary earnings of individuals or entities over a period.