The Three Types of Benefits to Organizations of Maintaining and Developing

question 31

Multiple Choice

The three types of benefits to organizations of maintaining and developing a loyal customer base are:

• A) Economic benefits; customer behavior benefits; human resource management benefits
• B) Economic benefits; confidence benefits; social benefits
• C) Customer behavior benefits; human resource management benefits; social benefits
• D) Special treatment benefits; economic benefits; customer behavior benefits
• E) Confidence benefits; social benefits; customer behavior benefits

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Definitions:

Algorithm

A systematic method or set of instructions used to resolve an issue or accomplish an objective.

Tabasco Sauce

A brand of hot sauce made from tabasco peppers, vinegar, and salt, known for its spicy flavor.

Grocery Store

A retail store that specializes in selling food and other household goods.

Prototype

A typical or initial model of something from which other forms are copied or developed.