Why do you think the first promotional priority is to inform?
What will be an ideal response?
Answer: The first promotional priority is to inform people about the product because they won't buy something they know nothing about. Consumers need to be told what the product is, how to use it, where to buy it, and perhaps how much it costs.
Explanation: Because consumers need to be told what the product is, how to use it, where to buy it, and perhaps how much it costs, the first promotional priority is to inform people about the product. Consumers will only buy a product if they know something about it.
You might also like to view...
The notes to the financial statements:
a. provide information on future expansion plan. b. disclose the accounting methods used to prepare the financial statements. c. state an opinion on whether the financial statements are presented fairly and in conformity with GAAP. d. comment on the company's results of operations reported on the financial statements.
The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency. After closing entries are posted, what will be the balance in the Retained earnings account? Total revenues$115,000?Total expenses 55,200?Retained earnings 73,600?Dividends 13,800?
A. $73,600. B. $59,800. C. $55,200. D. $119,600. E. $133,400.
Effective promotional programs require management efforts such as planning, organization, implementation, and control.
Answer the following statement true (T) or false (F)
In 1987, the Securities and Exchange Commission (SEC) and the Financial Accounting Standards Board (FASB) required all publicly traded companies to include a statement of cash flows along with the balance sheet and income statement in their annual report.
Answer the following statement true (T) or false (F)