A marketing manager at an auto company computed its promotion-to-sales ratio,that of the major competitor,and the auto industry itself.She found that the company's ratio was
A) she was spending too little on promotional efforts.
B) she needed to explain these numbers to her boss, especially in relation to the industry.
C) the competitor shortly would be taking market share from the company.
D) she spent her promotional dollars effectively.
E) overall the industry was wasting money on ineffective sales promotions such as cash-back offers.
Correct Answer:
Verified
Q226: Managers often use the promotion-to-sales ratio on
Q241: The design of the promotion will play
Q242: Allocation of funds to promotion only after
Q243: Allocating funds to promotion whereby the company
Q247: Allocating funds to promotion by matching the
Q253: The best approach to budgeting is objective
Q256: Which of the following is the best
Q258: The formula to calculate a promotion-to-sales ratio
Q259: Competitive parity budgeting refers to
A) matching a
Q265: According to the textbook, _ recently won
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents