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Discuss What Makes the Use of Sales Promotion So Effective

question 43

Essay

Discuss what makes the use of sales promotion so effective and popular.Describe different types of sales promotions.


Definitions:

Equivalent

Equal in value, amount, function, meaning, or status.

Compounded Semi-annually

Calculating and adding interest to the principal twice a year, affecting the overall interest accrued over time.

Compounded Quarterly

The process of calculating interest on both the initial principal and the accumulated interest from previous periods, done four times a year.

Maturity

The date on which the principal amount of a financial instrument is due to be paid back in full.

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