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Of All the Marcom Tools,sales Promotion Generally Is the Most

question 80

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Of all the marcom tools,sales promotion generally is the most effective and efficient method for quickly creating brand awareness.


Definitions:

Equilibrium Price

A rate where demand for a product or service aligns exactly with its supply, creating a balanced market situation.

Imported Products

Goods or services brought into one country from another for sale or use.

VER (Voluntary Export Restraint)

An agreement by an exporting country to limit the quantity of goods exported to another country, often to avoid formal trade restrictions or tariffs.

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