Examlex
Which of the following is most likely to stimulate customer loyalty?
Advertising
The activity or profession of producing advertisements for commercial products or services, aiming to influence consumer behavior and preferences.
Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in the price of that good, with elasticity greater than one indicating elastic demand.
Brand Names
The names given to products or services by companies to distinguish them in the market and build company identity.
Product Quality
The degree to which a product or service meets customer expectations and requirements.
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