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In a Short Essay, Describe and Compare the Four Types

question 7

Essay

In a short essay, describe and compare the four types of customers classified by their potential profitability to an organization.Identify how an organization should manage each type of customer.


Definitions:

Necessity

A requirement or urgent need for something essential or indispensable.

Slotting Allowances

Fees paid by a vendor or manufacturer to a retailer to secure shelf space for their products.

Retail Shelves

Retail Shelves are the physical spaces in stores where products are displayed for sale, playing a critical role in product visibility and accessibility to consumers.

Manufacturers

Entities engaged in the production of goods by transforming raw materials or components into finished products on a large scale.

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