Repeated or Increased Purchases of the Product or Service Is

question 51

Multiple Choice

Repeated or increased purchases of the product or service is known as?

• A)profitability
• B)customer satisfaction
• C)customer loyalty
• D)the net promoter score

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Definitions:

Service

The act of providing assistance, work, or information to fulfill the needs or requirements of others.

Concept

An abstract idea or a general notion that exists in the mind as a result of mental understanding, awareness, or activity.

New-To-The-Market Products

Inventions that have never before been seen and create a new market.

Repositioned Products

Products that have been marketed or modified to appeal to new demographics or market segments.