Which of the Following Statements About a Friendship Is Most

question 117

Multiple Choice

Which of the following statements about a friendship is most likely true?

• A) Business friendship revolves around business related issues.
• B) The nature of business friendship is different from personal friendship.
• C) A close friendship with a client is considered unethical and unprofessional.
• D) Maintaining a casual relationship with the customer is not recommended.
• E) Business friendship cannot be built in the same way one builds personal friendship.

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Definitions:

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices to different buyers, often based on their willingness to pay, market segment, or geographical location.

Service Industries

Industries that provide services rather than producing goods, such as healthcare, banking, and education.

Resell Products

The act of selling again or selling something that one has bought, to another consumer or market.

Inelastic Demand

A situation where the demand for a product does not change significantly with a change in its price.