Suppose you have started a firm that manufactures soap. However, you are short of finance.
Which source of promotion would you find suitable?
[0.80 marks]
A
Advertisements
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B
Personal selling
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C
Press meeting
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D
Social media promotion
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Solution
The correct option is A Advertisements There are various promotional activities that a firm can take up. Out of all the promotional activities, advertising is the cheapest and reaches a wide range of people.