Which of the Following Events Occur When There Is Minimal

question 60

Multiple Choice

Which of the following events occur when there is minimal focus on customers?

• A)high customer loyalty
• B)reduction in customer turnover
• C)below-average profits
• D)long-run strategies to improve sales
• E)low cost of marketing and sales

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Definitions:

New Capital

Financial resources that are raised by a business through issuing new stocks or bonds to invest in its operations and growth.

Cash Dividends

Payments made by a corporation to its shareholder members, distributing a portion of its earnings in cash.

Patent

A legal right granted to an inventor, giving them exclusive rights to produce, use, and sell their invention for a certain period of time.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices during a specified period of time.