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:

Plug

A plug is an electrical device allowing electrical equipment to be connected to the main power supply.

Universal Serial Bus (USB)

A standard for cables, connectors, and protocols used for connection, communication, and power supply between computers and devices.

Input Devices

Hardware used to provide data and control signals to an information processing system, such as keyboards, mice, and scanners.

Output Devices

Hardware components that convey information from a computer or electronic device to the user or another device, such as printers and monitors.