The Bulk of Exports from Developed Countries Consists Of

question 68

Multiple Choice

The bulk of exports from developed countries consists of:

• A)manufactured goods.
• B)education and technology.
• C)agricultural products.
• D)raw materials.
• E)services like banking and insurance.

---

Definitions:

Acquire a New Customer

The process of attracting and converting prospects into someone who makes a purchase and becomes a client of the business.

Existing Customer

An individual or business that has previously purchased goods or services from a company, distinguishing them from new or potential customers.

Frederick Reichheld

A business strategist best known for his work on customer loyalty, including the development of the Net Promoter Score (NPS) as a measure of customer loyalty and satisfaction.

Customer Repurchase Rates

The frequency or likelihood with which a company's customers buy its products or services again.