Which of the Following Involves Building Mutually Beneficial Long-Term Associations

question 159

Multiple Choice

Which of the following involves building mutually beneficial long-term associations with a customer⎯usually a business customer⎯through regular communications over prolonged periods of time?

• A)CRM selling
• B)Missionary selling
• C)Exclusive selling
• D)Team selling
• E)Relationship selling

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Definitions:

Numeraire

is a standard unit of measurement in economic models used to express prices and exchange rates.

Edgeworth Box

A diagram used in economics to show the distribution of resources and the allocation of goods in a two-person, two-good economy.

Contract Curve

In economics, the curve that represents the set of Pareto efficient allocations in an Edgeworth Box diagram.

Utility Function

A symbolic depiction illustrating the ranking of preferences a consumer holds across various goods or outcomes.