ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When a company pays to promote ideas, goods, or services in media outlets
A
Sales promotion
B
direct selling
C
advertising
D
public relations
Explanation: 

Detailed explanation-1: -Advertising is a form of nonpersonal promotion in which companies pay to promote ideas, goods, or services. These promotions are presented through a variety of media outlets.

Detailed explanation-2: -Paid form of non-personal promotion of ideas, goods and services by an identified sponsor is called advertising. Advertising is a marketing tactic. It helps to reach the wide-base of customers who are willing to buy products or services of the company which are advertised.

Detailed explanation-3: -A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor’s name and system.

Detailed explanation-4: -(a) Advertisement. (b)Personal Selling. (c) Publicity. (d) Sales Promotion.

There is 1 question to complete.