__________refers to communication by marketers that informs, persuades, and reminds potential buyers of a product in order to influence an opinion or elicit a response
Fill in the blanks with correct word.
ANSWER: Promotion
Promotion refers to communication by marketers that informs, persuades, and reminds potential buyers of a product in order to influence an opinion or elicit a response. A promotional strategy is a plan for the optimal use of the elements of promotion.
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The Closing Disclosure published by the Consumer Financial Protection Bureau (CFPB) summarizes the final mortgage terms and details for the buyer. It needs to be delivered to the buyer:
a. one week prior to the closing of the transaction. b. three business days after the buyer submits a loan application. c. at least three business days before the buyer closes on the mortgage. d. on the day of settlement.
Why might a company address the issue of noise, as defined in the communication model, by purchasing a block of pages in a magazine to advertise its brand?
What will be an ideal response?