Customers Can Be Arranged in Tiers According To

question 6

Multiple Choice

Customers can be arranged in tiers according to:

• A)different levels of profit contribution
• B)customer needs
• C)identifiable personal profiles such as demographics
• D)price sensitivity
• E)all of the above

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Definitions:

Asch

Refers to Solomon Asch, a psychologist known for conducting experiments on conformity, demonstrating how social pressure can influence individual judgment.

Cognition

The cognitive activity of gaining information and comprehension via thinking, experiencing, and sensory perception.

Thought

The mental process of considering, reasoning, or remembering; encompasses all aspects of conscious intellect and reflection.

Social Psychologists

Social psychologists study how people's thoughts, feelings, beliefs, intentions, and goals are constructed within a social context by the actual, imagined, or implied presence of others.