Skip to main contentSkip to solution

A new company is thinking of launching its product in an already established industry, but before that, the company wants to test the acceptance of the product in the market. Thus, the company decided to distribute free samples and collect responses about the product from the consumers. On analyisng the data received from the sampled consumers, the following observations were noted:

  1. The company charges low prices compared to their competitors in the market. This is done by the company to capture market share.
  2. The company should use impersonal forms of communication to reach more audiences.
  3. The company must focus on adopting a three-level channel of distribution.
  4. Concrete steps must be taken to monitor the image of the company in the eyes of the public.

"Concrete steps must be taken to monitor the image of the company in the eyes of the public". Identify the element of promotion mix highlighted in the aforesaid statement.

Solution

✅ Correct Option: 2

Option 1 -> Advertising involves paid promotions to communicate product/service information but doesn't primarily focus on monitoring company image.

Option 2 -> Public Relations specifically deals with managing and monitoring the company's reputation and image in the eyes of various publics through strategic communication.

Option 3 -> Personal Selling is direct face-to-face interaction with customers to sell products, not focused on monitoring overall company image.

Option 4 -> Sales Promotion includes short-term incentives to boost sales, not concerned with monitoring company reputation.


Hence, Option 2: Public Relations -> Public Relations is the element of promotion mix that focuses on building, maintaining, and monitoring the company's image and reputation among its various stakeholders and the general public. The statement's emphasis on "monitoring the image of the company in the eyes of the public" directly aligns with the core function of PR activities. -> correct

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question