Which of the Following Holds True for Loyalty Segmentation

question 11

Multiple Choice

Which of the following holds true for loyalty segmentation?

• A)It refers to the segmentation of consumers based on the worth they get from products or services.
• B)It refers to the segmentation of consumers on the basis of where they live.
• C)It refers to the segmentation of consumers on the basis of how consumers describe themselves.
• D)It refers to the strategy of investing in retention and initiatives to retain the firm's most profitable customers.
• E)It refers to the segmentation of consumers on the basis of easily measured, objective
• Characteristics such as age, gender, income, and education.

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Definitions:

Depreciated

Refers to the reduction in the value of an asset over time due to wear and tear or obsolescence.

Tax Purposes

The rationale or reason behind actions taken or decisions made to minimize tax liability and ensure compliance with tax legislation.

EAC Method

Equivalent Annual Cost Method, a financial analysis technique used to compare the cost-effectiveness of different projects with diverse lifespans.

Economic Lives

The duration over which an asset is expected to be economically useful to its owner.