Attracting and Acquiring New Customers Is Estimated to Costs Banks

question 4

Multiple Choice

Attracting and acquiring new customers is estimated to costs banks roughly __________ per new customer.

• A)$10
• B)$25
• C)$50
• D)$100

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Definitions:

Physiological Needs

Basic physical requirements including air, water, food, shelter, and sleep, necessary for survival.

Instinct Theory

A psychological perspective suggesting that certain human behaviors are innate and driven by evolutionary pressures.

Drive-Reduction Theory

A theory in psychology that proposes that psychological needs create an aroused state that drives an organism to reduce that need by engaging in some behavior.

Biological Factors

Refer to the genetic, neurological, and physiological conditions that affect human behavior and mental processes.