Which of the Following Helps You Engage Your Customers in a Conversation

question 59

Multiple Choice

Which of the following helps you engage your customers in a conversation?

• A) shopping cart
• B) product database
• C) on-site blog
• D) site tracking and reporting system

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Definitions:

Implicit Costs

The opportunity costs that arise from using resources that could have been employed in an alternative capacity, but do not involve a direct monetary payment.

Entrepreneurial Talent

The skills, creativity, and initiative demonstrated by individuals in starting and managing new businesses, often driving innovation and economic growth.

Production Costs

The total expense incurred in manufacturing a product or providing a service, including raw materials, labor, and overheads.

Explicit Costs

Directly incurred expenses in the operation of a business, such as wages, rent, and materials.