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A business coordinates its advertising, visual merchandising, and special events in order to accomplish which goal?
If a large event is scheduled in many cities over time.
Competitors are spending more.
Attract customers
$262,500
Promotional mix
Forecasts
Sales
Advertising tool
What is the primary factor that marketers must consider when allocating funds to the promotional budget?
If a large event is scheduled in many cities over time.
Competitors are spending more.
Attract customers
$262,500
Promotional mix
Forecasts
Sales
Advertising tool
When should sports or event organizers consider hiring a promotional agency?
If a large event is scheduled in many cities over time.
Competitors are spending more.
Attract customers
$262,500
Promotional mix
Forecasts
Sales
Advertising tool
Which component might a business lose if it fails to inform its employees about the goods and services being promoted?
If a large event is scheduled in many cities over time.
Competitors are spending more.
Attract customers
$262,500
Promotional mix
Forecasts
Sales
Advertising tool
Marketers often develop and publish a promotional calendar of events in order to use it in which manner?
If a large event is scheduled in many cities over time.
Competitors are spending more.
Attract customers
$262,500
Promotional mix
Forecasts
Sales
Advertising tool
A business made $2.5 million in sales this year, and estimates a 5% increase in sales for the coming year. If the company allocates 10% of expected sales for promotional activities, how much would be allocated for next year's promotion?
If a large event is scheduled in many cities over time.
Competitors are spending more.
Attract customers
$262,500
Promotional mix
Forecasts
Sales
Advertising tool
For which situation might a business decide to increase the percentage of net sales allocated to its promotional budget?
If a large event is scheduled in many cities over time.
Competitors are spending more.
Attract customers
$262,500
Promotional mix
Forecasts
Sales
Advertising tool
When preparing promotional budgets, a guideline to follow is to keep them flexible due to budgets serve as which component?
If a large event is scheduled in many cities over time.
Competitors are spending more.
Attract customers
$262,500
Promotional mix
Forecasts
Sales
Advertising tool
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