what do you mean by promotion? list 3 steps involved in the company ?
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1) what do you mean by promotion
➡ Promotions refer to the entire set of activities, which communicate the product, brand or service to the user. The idea is to make people aware, attract and induce to buy the product, in preference over others. ... Sales promotion is a part of the overall promotion effort.
2). list 3 steps involved in the company ?
➡ Step of Promotion:
- (1) Discovery of an Idea: At first the promoters will find out what shall be the purpose of forming the company. ...
- (2) Investigation: They have to make enquiries in the market about the potentiality of the proposed business. ...
- (3) Planning: ...
- (4) Financing:
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