Which of the Following Is a Reason for the Importance

question 11

Multiple Choice

Which of the following is a reason for the importance of assessing customer satisfaction?​

• A)​Doing so helps build trust with the buyers.
• B)Doing so provides competitor information.​
• C)It is not important as long as the company is profitable.
• D)​Assessing satisfaction is a ploy used to begin the next sales cycle.
• E)​Doing so increases a salesperson's competitiveness.

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Definitions:

Cash

Currency and coins, along with bank balances, checks, and money orders, that are readily available for use.

Expense Account

An account that tracks money spent or costs incurred in an organization's efforts to generate revenue, representing the cost of doing business.

Credit Balance

The amount that appears on the right side of a ledger account, indicating that a liability has increased or an asset has decreased.

Debt Ratio

The debt ratio is a financial ratio that compares a company's total debt to its total assets, indicating the proportion of a company's funding that comes from debt.