When Customers Are Willing to Pay a Premium to Get

question 46

Multiple Choice

When customers are willing to pay a premium to get precisely what they want and a company responds quickly to satisfy customer needs,the company has achieved what is called ________.

• A) customer intimacy
• B) employee intimacy
• C) operational excellence
• D) promotional intimacy
• E) marketing intelligence

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Definitions:

Simple Voice-Activated Software

Software applications that operate or respond to verbal commands, simplifying user interaction and increasing accessibility.

Complicated Thought-Activated Software

Advanced software systems that can interpret and act upon user thoughts or neural signals.

New Costs

Newly incurred expenses that arise due to changes in operations, production, or market conditions.

Probabilities of Launch

This term relates to the statistical likelihood of successfully initiating a new product, service, or mission.