Examlex

Solved

When a Firm Tries to Increase Sales by Selling Its

question 275

Multiple Choice

When a firm tries to increase sales by selling its present products in new markets, this is called:


Definitions:

Retailers

Businesses that sell goods directly to consumers, acting as the final link in the supply chain.

Customer Awareness

The degree to which potential customers recognize or are familiar with a product, brand or company.

Promotional Activities

Marketing efforts designed to inform, persuade, or remind consumers about a company’s products or services.

Advertising

The occupation or act of generating advertising content for business products or services.

Related Questions