One of the Goals of Marketing Is to Establish a Long-Term

question 61

Short Answer

One of the goals of marketing is to establish a long-term relationship with customers so that they continue to purchase the organization's products in the future.This is known as ____________________.

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Definitions:

Retained Earnings

The portion of net income that is retained by a company rather than distributed to its shareholders as dividends.

Dividends Declared

Profit distributed by a company to its shareholders, typically in the form of cash or additional stock, based on the number of shares owned.

Stock Split

A stock split is an action taken by a company to divide its existing shares into multiple ones to boost the liquidity of the shares, without changing the overall value of shareholders' equity.

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout.