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The term “atmospherics” exclusively refers to the interior décor of a store.

Other things being equal, stores with a higher inventory turnover rate can cover their costs and earn a profit while charging a smaller markup.

Fears of product tampering have forced many firms to improve package designs.

Buyers of a particular new car model are being offered zero-percent financing. This is an example of a promotional allowance.

A promotional outlay for a family brand benefits all items in the line.

Companies that follow category management process define the category based on the target market’s needs.

Firms can receive trademark protection only for the brand name and brand mark and not for the product features or packaging elements.

Publicity is the marketing-oriented aspect of public relations.

Since many firms begin penetration pricing with the intention of increasing prices in the future, success depends on generating numerous trial purchases.

Successful implementation of IMC requires that everyone involved in every aspect of promotion function as a team, presenting a consistent, coordinated effort at every point of customer contact.