Asked by
yordanka licea
on Dec 14, 2024Verified
With respect to a product for which a promotional mix is being developed, risk
A) refers to the degree of service or support required after the sale.
B) refers to the technical sophistication of the product and hence the amount of understanding required to use it.
C) in a product means there should be less emphasis on personal selling.
D) can be assessed in terms of financial, social, and physical aspects.
E) is irrelevant.
Risk
The potential for loss or an unfavorable outcome associated with an action or decision.
Financial
Related to finances or financial systems, involving money management, investment, and economic activities.
Social
Relating to society or its organization; involving the gathering of people or entities for mutual benefit.
- Comprehend the key features affecting promotional mix decision-making.
Verified Answer
SB
Learning Objectives
- Comprehend the key features affecting promotional mix decision-making.
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