Question
Explain the term 'Promotion Mix'.

Answer

Promotion Mix' comprises all those activities which a business performs to persuade and motivate people to buy their products. Promotion mix includes advertising, personal selling, sales promotion and publicity.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

The Production Manager of Bharat Ltd. instructs a salesman to go slow in selling the product, whereas the Marketing Manager is insisting on fast selling to achieve the target.Which principle of management is being violated in this case? State any one of the consequences of violation of this principle.
Wealth maximisation objective of financial objectives.
OR
The primary aim of financial management is to maximise shareholders' wealth of Beta Constructions Pvt Ltd. Identify any two aims that would help the company to achieve its objectives.
Shruti has established a small scale factory after completing a course in textile designing. She has tied up with the big home furnishing retail outlets in the city for supplying to them good quality designer home furnishing products like bed covers, cushions etc. She believes that controlling without planning is blind. So, every time she gets an order, she sets the standards in terms of the number of personnel required, the estimated requirements in man-hours per product, the requirements of direct materials for the projected production and the amount of normal overhead expenses required at the projected workload. She also keeps a close watch on the activities so as to ensure that they conform to plans. Whenever the order size is too large, she hires extra workers by placing a notice on the notice-board of the factory specifying the details of the jobs available. Identify the function of management being performed by Shruti.
What is meant by Supervision?
Which need in the hierarchy theory of motivation refers to affection, acceptance and friendship?
Kalpana printers purchased a printing machine from Rangarajan Machines Pvt. Ltd., Bengaluru worth ₹ 50 lakhs. But after a month use, i.e., machine proved to be of very inferior quality. The purpose for which the machine was purchased was not solved and it adversely affected the quality of production. False claims were made by the company while selling about the performance of the machine. Now, Kalpana printers is planning to file a complaint for compensation against Rangarajan Machines Pvt. Ltd. Where can the complaint be filed?
Which function of management is known as "Management in action"?
What are the uncontrollable factors affecting marketing decisions called? Give two examples.
'Controlling is looking back'. Why?
'The application of principles of management is dependent upon the prevailing situation at a particular point of time'. State and explain the feature of management principle mentioned here.