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Business
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Essentials of Marketing
Quiz 16: Promotional Planning for Competitive Advantage
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Question 141
Essay
What are the three basic tasks of promotion? For each of these three tasks,give two specific promotions examples of how that task might be accomplished.
Question 142
Essay
Target market characteristics and the type of buying decision the target market is making can affect the mix of promotional elements.Describe how differences in each factor change the promotional mix.
Question 143
Essay
The ultimate objective of any promotion is a purchase or some other activity.A model for reaching promotional objectives is called the AIDA concept.What does this acronym stand for? Describe what marketing actions might take place in each stage of this model.
Question 144
Essay
Several factors affect the choice of promotional mix.Name five of these factors.
Question 145
Essay
Describe how a lack of funds affects the use of each of the promotional tools for a small,financially strapped company.Describe the trade-offs that occur between funds available and other aspects of promotion.