Which of the Following Describes the Four Areas That Must

question 12

Multiple Choice

Which of the following describes the four areas that must be in alignment in order to optimize your customer engagement efforts:

• A) Pricing strategies, service activities, channel strategies, segmentation strategies
• B) Segmentation strategies, cost minimization strategies, sales activities, marketing strategies.
• C) Marketing strategies, sales activities, channel strategies, service activities.
• D) Cost minimization strategies, sales activities, segmentation strategies, service activities.

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Definitions:

Insurance Market

A market where individuals or entities can transfer or share risk by purchasing insurance policies from insurers, who assume the risk in exchange for premiums.

Diversification

A strategy used in investing or business to spread risks by allocating resources across different assets, products, or markets.

Expected Gain

The anticipated benefit or profit from an investment or action.

Diversification

A strategy of investing in a variety of assets to reduce overall risk.