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COMPLETION QUESTIONS Integrated Marketing Communication

question 49

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COMPLETION QUESTIONS
Integrated Marketing Communication
Tangibilizing the Service
Promotion
Promotion Mix
Advertising
Personal Selling
Sales Promotions
Public Relations
Word-of-Mouth Communication
Vividness Strategy
Suggestive Selling
Publicity
The Internet
-____________ has profoundly influenced how services are promoted.


Definitions:

Yield Management

A pricing strategy that aims to maximize revenue by dynamically setting prices based on the supply and demand for a product or service.

Operations Management

The administration of business practices aimed at ensuring maximum efficiency within a company, particularly in regard to the management of resources, production, and distribution of goods and services.

Demand Curve

A graph showing the relationship between the price of an item and the quantity demanded at that price.

Graphical Aggregate Planning

A visual method for planning the production aggregate levels over a specific time period, aiming to match supply and demand while minimizing costs.

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