Marketing Activity Designed to Create Extended Relationships with Customers Is

question 4

Multiple Choice

Marketing activity designed to create extended relationships with customers is called _____________.

• A)relationship marketing
• B)loyalty programs
• C)transactional marketing
• D)customer service marketing

Understand the importance of presenting a balanced view in reports, including information that both supports and challenges the line of reasoning.

Identify and describe key elements of credible and professional report content.

Recognize the structure and purpose of different report sections.

Appreciate the necessity for clarity and logic in report writing for clear communication.

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Definitions:

Investment In Receivables

The funds tied up in the credit sales of a company, indicating the amount of money owed by customers for goods or services delivered on credit.

Credit Sales

Sales in which the customer is allowed to purchase goods or services with an agreement to pay at a later date.

Average Collection Period

The mean duration required for a company to collect payments due from its clients.

Credit Period

The length of time that credit is granted.