The Two Basic Types of Sales Promotion Are Consumer Promotion

question 187

True/False

The two basic types of sales promotion are consumer promotion and trade promotion.

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Definitions:

Negotiable

Capable of being transferred or converted into goods, services, or money under terms agreeable to all parties involved.

Indorsement

The act of signing one's name on the back of a negotiable instrument, which transfers the property rights to another.

Indorsements

Written approvals or endorsements on documents, especially checks or promissory notes, to signify agreement, consent, or transfer.

Payable

Refers to debts or financial obligations that an entity is required to pay within a specific period, such as bills or invoices.