Question

1. a goal to \gain 10,000 instagram followers in 6 months\ is best achieved through

a) pricing strategy
b) promotion strategy
c) distribution strategy
d) product strategy

1. penetration pricing is designed to

a) maximize short - term profit
b) enter a new market by charging low prices
c) reinforce a premium brand image
d) avoid competition

1. which strategy best supports a goal to \increase product convenience\?

a) promotion
b) distribution
c) pricing
d) innovation

1. if a company introduces seasonal packaging (e.g., holiday editions), this is an example of:

a) promotion strategy
b) product strategy
c) distribution strategy
d) pricing strategy

1. a company wants to boost repeat customers by 20%. the most effective strategy is:

a) loyalty programs
b) lowering prices
c) expanding into new markets

Explanation:

1. Gaining Instagram followers is about promoting oneself or a brand, so promotion strategy is key.
2. Penetration pricing aims to enter a new market by setting low - prices to attract customers.
3. Distribution strategy focuses on making products available to customers conveniently.
4. Seasonal packaging is a part of product strategy as it modifies the product's appearance.
5. Loyalty programs are designed to encourage repeat business by rewarding customers.

Answer:

1. B. Promotion strategy
2. B. Enter a new market by charging low prices
3. B. Distribution
4. B. Product strategy
5. A. Loyalty programs