Examlex
During the planning phase of an IMC program, a firm will __________, specify the promotion objectives, set the budget, select the right promotional tools, design the promotion, and schedule the promotion.
Franchising
Arrangements based on contracts of service and the supply of products between larger and smaller units of one organization.
Personal Guarantee
A legal commitment by an individual to assume responsibility for another's debt or obligations if that party fails to fulfill them.
Significance
The importance, influence, or meaning of something within a specific context or overall.
Incorporation
The process of legally declaring a corporate entity as separate from its owners, providing benefits like limited liability and perpetual existence.
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