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It Is Important to Keep in Touch with a Customer

question 57

True/False

It is important to keep in touch with a customer and make a sales pitch each time.


Definitions:

Structure Characteristics

The inherent attributes and qualities that define the composition and framework of an organization, system, or physical object.

Product Differentiation

The process of distinguishing a product or service from others in the market to make it more appealing to a particular target market.

Barriers To Entry

describe the obstacles or hindrances that prevent new competitors from easily entering an industry or area of business.

Sustained Competitive Advantage

An enduring edge over competitors gained by offering consumers greater value, either through lower prices or by providing more benefits that justify higher prices.

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