The Hierarchy of Customer Behavior Is

question 56

Multiple Choice

The hierarchy of customer behavior is

• A) trial, repeat, awareness, loyalty.
• B) loyalty, awareness, repeat, trial.
• C) trial, repeat, awareness, loyalty
• D) awareness, trial, repeat, loyalty.

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Definitions:

GDP

Gross Domestic Product, a measure of a nation's total economic output and an indicator of its economic health.

Dumping

The sale of a product in a foreign country at prices either below cost or below the prices commonly charged at home.

Domestic Producers

Enterprises and individuals within a country that produce goods and services.

International Trade

Involves the exchange of goods and services across national borders.