In Order for Firms to Build Relationships with Customers, They

question 73

Multiple Choice

In order for firms to build relationships with customers, they must focus on:

• A)Implementation of effective price
• B)Developing new product
• C)Lifetime Value of the relationship
• D)Collection of information as much as possible
• E)Use of social media

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Definitions:

Suicide Sacs

Specialized organelles in cells, known as lysosomes, that contain digestive enzymes which can break down the cell upon damage or death, acting as a cellular self-destruct mechanism.

Smooth Endoplasmic Reticulum

A type of endoplasmic reticulum without ribosomes, involved in lipid synthesis and detoxification processes.

Rough Endoplasmic Reticulum

A network of membranous tubules within the cell covered with ribosomes, involved in protein synthesis and modification.

Lipid Synthesis

Lipid synthesis is the biochemical process by which organisms produce lipids, essential components of cell membranes and energy storage.