When is it advisable to predominantly use sales promotions in a promotion mix?
What will be an ideal response?
Sales promotions are used to invite and reward quick response. Sales promotions are short-lived; therefore, sales promotions are used when the marketer intends to make a quick, dramatic impact on an intended audience with the use of coupons, samples, contest, etc.
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During 20x5, Oates Company had sales of $500,000, net income of $50,000, average total assets of $700,000, dividend payments of $35,000, net cash flows from operating activities of $90,000, purchases of plant assets of $75,000, and sales of plant assets of $90,000. Cash flows to sales equals (Round amounts to one decimal place)
A) 12.9 percent. B) 15.0 percent. C) 22.5 percent. D) 18.0 percent.
To receive complimentary breakfast each morning of your stay, please complete your booking by April 30 effectively motivates action in the closing of a sales letter
Indicate whether the statement is true or false