The Particular Skills, Abilities, and Processes That an Organization Has

question 41

Multiple Choice

The particular skills, abilities, and processes that an organization has developed to manage close customer relationships are referred to as:

• A)the customer-linking capability.
• B)channel management.
• C)derived demand.
• D)the market-sensing capability.
• E)the extended enterprise.

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Definitions:

Free Trade

A policy by which governments do not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports) or quotas.

Domestic Producers

Local manufacturers or producers who create goods and services within a country's borders, contributing to the domestic economy.

Foreign Producers

Companies or individuals that produce goods or services in a country other than the one where the goods or services are consumed.

Tariff Revenue

The income generated by the government from taxing imports.