ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This is any form of communication the entrepreneur uses to inform, persuade, or remind consumers about its products or services.
A
Advertising
B
Promotion
C
Personal Selling
D
Communication
Explanation: 

Detailed explanation-1: -A promotion is any form of communication used by a business to inform, persuade, or remind people about its products and improve its public image.

Detailed explanation-2: -Promotion refers to the various types of communication that marketers use to inform, persuade, or remind customers about their products.

Detailed explanation-3: -Sales promotions targeted at the consumer are called consumer sales promotions.

Detailed explanation-4: -Sales promotion letters, catalogues, point of purchase displays, customer service programmes, demonstrations, free samples, discounts, contests, sweepstakes, premiums and coupons are the commonly employed methods of sales promotion.

There is 1 question to complete.