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Pricing Schools Business

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Promotion Mix and Communication Strategies Quiz

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Promotion Mix and Communication Strategies Quiz

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Questions and Answers

Which of the following is a part of the promotion mix?

Financial Accounting

Human Resource Management

Public Relations (correct)

Supply Chain Management

What is considered as advertising in the context of promotion mix?

Any form of direct marketing

Any unpaid form of nonpersonal presentation and promotion

Any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor (correct)

Any form of personal selling

Which tool is used to persuasively communicate customer value and build customer relationships in the promotion mix?

Quality Control

Cost Accounting

Sales Promotion (correct)

Inventory Management

What are the types of advertising mentioned in the text?

Broadcast, print, Internet, mobile, outdoor, and other forms (A) Signup and view all the answers

What is the specific blend of promotion tools used to engage consumers, persuasively communicate customer value, and build customer relationships called?

Promotion Mix (C) Signup and view all the answers

Which of the following best describes marketing?

Identifying customers and creating, communicating, delivering, and exchanging goods and services for customer satisfaction (A) Signup and view all the answers

Who typically conducts marketing?

The seller, such as a retailer or manufacturer (A) Signup and view all the answers

What are the two primary target markets for marketing?

Other businesses (B2B) and consumers (B2C) (A) Signup and view all the answers

What affects the marketing mix of a product?

The environment, marketing research, and characteristics of the product's target market (C) Signup and view all the answers

What must marketers determine after considering various factors for a product?

Methods of promoting the product, including use of coupons and other price inducements (B) Signup and view all the answers