Examlex
The four main elements in the customer relationship process used by salespeople to build long-term relationships are excellent service, a presentation of product benefits, a willingness to constantly analyze customer needs, and:
Economic Profits
The gap between a company's overall income and its combined direct and indirect expenses.
Long Run
A period where all inputs or factors of production can be varied by firms, allowing for the adjustment to changes in the market.
Technical Prowess
Refers to the expertise and superior skill set in handling technology and technical tasks.
Innovative Designs
The creation of new or significantly improved products, services, or systems that provide novel solutions or advancements.
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