Which of the Following Is Not a Retention Strategy

question 7

Multiple Choice

Which of the following is not a retention strategy?

• A)Enacting a customer loyalty program
• B)Giving discounts when customers buy in larger quantities
• C)Getting customers to "trade up" to more expensive products in the product line
• D)Developing new uses for a product
• E)All of the above are retention strategies.

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Definitions:

Dissolution

The process of legally dissolving a business entity, which includes disbanding its operations and distributing its assets.

Partnership

An officially recognized form of commercial enterprise undertaken by at least two individuals, involving joint management and profit allocation.

Capital Account

A national account that shows the net change in asset ownership for a nation, including investments and loans, but not related to current transactions.

Practical Consequences

Real-life effects or outcomes that follow from a specific action or decision, often considered in decision-making processes.