Question
When an established potato chips company gives
its resellers discounts to encourage them to carry and promote its products, it uses a(n) _____ strategy.Solution
When a manufacturer directs the promotional mix to channel members to gain their cooperation in ordering and stocking the product, it is using a push strategy.
Rs.700 amounts to Rs.742 in 2 years at a certain rate. If interest rate is increased by 2%, then what will be the new interest?
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