At Gina's Retail Stores, the Posted Policy Reads, "Without Our

question 28

Multiple Choice

At Gina's retail stores, the posted policy reads, "Without our customers, we don't exist." Gina and her staff aim to delight each customer, and they are quick to offer discounts or extra services whenever a customer is anything less than satisfied. Gina and her staff strive to make every customer a repeat customer. It is most accurate to say that instead of focusing on each individual transaction, Gina and her staff put a priority on ________.

• A) managing partner relationships
• B) selling new products
• C) attracting "butterflies"
• D) converting "barnacles" to "strangers"
• E) capturing customer lifetime value

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Definitions:

International Human Capital

The knowledge, skills, and abilities of employees available to an organization from a global talent pool.

Regional Human Capital

The collective skills, knowledge, and experience possessed by individuals within a specific geographical area, contributing to its economic development.

Competitive Advantage

A condition that puts a company in a superior business position.

Behavioral Competency

A set of behaviors or actions that contribute to successful performance in the workplace or a specific role.