Which of the Following Are Specifically Designed to Retain Customers

question 107

Multiple Choice

Which of the following are specifically designed to retain customers by offering premiums or other incentives to customers that make multiple purchases over time?

• A)product placements
• B)rebates
• C)contests
• D)sweepstakes
• E)loyalty programs

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Definitions:

Encoding

The method by which information is converted into a format for storage in the brain; essential for memory formation.

Schema

A mental model or structure that aids in categorizing and understanding data, formed through previous knowledge and experiences.

Connectionist Models

Computational models in psychology and cognitive science that simulate how neural networks process information, used to explain cognitive processes such as memory and decision-making.

Neural Networks

Networked structures, either biological or artificial, designed to process information in a way similar to the human brain.