What Is the Goal of Promotion

question 246

Multiple Choice

What is the goal of promotion?

• A) to reach the largest number of people
• B) to inform, persuade, and remind consumers to purchase a good or service
• C) to establish the best distribution strategy for the organization's products
• D) to develop the best marketing mix

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Definitions:

International Organization

An entity formed by sovereign states or civil societies to work on common areas of interest such as peace, security, and development on a global scale.

Global Trade Agreements

Agreements between countries that regulate tariffs, trade barriers, and other aspects of international trade.

Trade Agreement

A negotiated pact between two or more nations that outlines the rules for trade between them, often aiming to reduce tariffs and other barriers to import and export.

Tariffs

denote taxes or duties imposed by governments on imported or, less commonly, exported goods, intended to control trade flows, protect domestic industries, or raise revenue.