Which of the Following Are Reasons for Business Marketers to Employ

question 58

Multiple Choice

Which of the following are reasons for business marketers to employ relationship marketing activities?

• A)Loyal customers are far more profitable than price sensitive customers.
• B)Having strong relationships with customers can be hard for competitors to understand or duplicate.
• C)Both loyal customers are far more profitable than price sensitive customers and having strong relationships with customers can be hard for competitors to understand or duplicate are true.
• D)None of the answer choices.

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Definitions:

Depressed Individuals

People who are experiencing depression, characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.

Reasonable Certainty

A standard requiring sufficient specificity in the details of an agreement or fact to enable enforcement or determination by a court.

Breach of Contract

The inability to fulfill any condition of an agreement, whether documented or verbal, without a valid legal reason.

Mitigate Damages

A legal principle requiring a party suffering loss to take reasonable action to minimize the extent of the damage or loss.