Which of the Following Is One of the Types of Relational

question 19

Multiple Choice

Which of the following is one of the types of relational marketing?

• A)Database marketing
• B)Transactional marketing
• C)Corporate marketing
• D)B2B marketing
• E)B2C marketing

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Definitions:

Market Wage

The prevailing wage rate in a labor market for a given skill set, determined by supply and demand forces.

Output Price

The market price at which a final good or service is sold, affecting a firm’s revenue and production decisions.

Labor Demand

The total amount of workers that employers are willing and able to hire at a given wage rate in a certain period.

Technological Advance

Improvements or innovations in technology that enhance productivity or efficiency in production processes.