At Which Stage of the Customer Relationship Building Process Will

question 2

Short Answer

At which stage of the customer relationship building process will the buyer and seller pledge either implicitly or explicitly to continue the relationship for a period of time?

---

Definitions:

Level of Well-Being

A measure of how people experience the quality of their lives, including both emotional and physical health.

Budget Line

A graphical representation of all possible combinations of two goods that a consumer can afford given their income and the prices of the goods.

Satisfaction

The state of feeling pleased or content with something.

Indifference Curve

A graphical representation showing combinations of goods or services that provide the same level of utility or satisfaction to a consumer.