Nelson Is Writing About How He Will Attract and Retain

question 44

Multiple Choice

Nelson is writing about how he will attract and retain customers,how he will price his product,and how and where he will offer it for sale.Nelson is working on the __________ section of his business plan.

• A)customer service
• B)product/service plan
• C)marketing plan
• D)development plan

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Definitions:

Litigation

The procedure of resolving conflicts or taking legal steps through the judiciary system.

Business Relationship

pertains to the connections and interactions between businesses or between a business and its clients, such as partnerships, contractual agreements, and networks.

Binding Arbitration Clause

A contract provision that requires the parties to resolve disputes through arbitration rather than through the court system.

Fees

Charges levied by a service provider for specific services rendered or to cover certain expenses.