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Which of the following is not a promotion mix?

  • Forecasting is not a promotion mix.
  • The four main elements of the promotion mix are advertising, sales promotion, public relations, and personal selling.
  • Forecasting, on the other hand, refers to the process of predicting future demand for a product or service based on historical data and current market trends.
  • Forecasting is important for businesses because it helps them to make informed decisions about production, inventory management, and other operational activities.