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:

Team-Based Bonuses

Financial rewards provided to group members for achieving or exceeding team performance goals.

Individual Reward Schemes

Reward systems tailored to compensate or motivate individual employees, typically based on their performance or achievements.

Dysfunctional Competition

A market scenario where competition results in negative outcomes, such as reduced innovation or harm to consumers or businesses.

Individual Effort

The personal exertion or endeavor by an individual to accomplish a task or achieve a goal.