High Conversion Rate Refers to ___________

question 62

Multiple Choice

High conversion rate refers to ___________.

• A)the high rate at which the production cost is returned in the form of profits from sales
• B)a high percentage of sales achieved as a result of a firm's current marketing strategy
• C)the high rate at which people switch to a firm's product from a rival firm's product
• D)a high percentage of free users who are willing to convert to paid customers for premium features

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Definitions:

Burnout

A state of emotional, physical, and mental exhaustion caused by prolonged stress, often experienced in high-demand careers.

Broker

An individual or entity that acts as an intermediary, facilitating transactions, negotiations, or arrangements between parties.

Case Manager

A professional who coordinates and manages the various health and social services needed by a client or patient.

Brokering

The role of mediating or negotiating between parties to facilitate agreements or provide services.