Identify a True Statement About Loyalty Programs in the United

question 79

Multiple Choice

Identify a true statement about loyalty programs in the United States.

• A) They more often work by offering on-the-spot discounts.
• B) They seem to work better when the reward is offered in the future.
• C) They work best on consumers with a strong economic orientation.
• D) They work best on consumers who are bargain shoppers.

---

Definitions:

Diversified Market

A market characterized by a variety of products, services, or sectors, which reduces investment risk and capitalizes on different growth opportunities.

Hardware Store

A retail business that sells tools, building supplies, and household hardware for home improvement.

Expectant Mothers

Pregnant women in anticipation of giving birth, often requiring special healthcare, nutrition, and support throughout pregnancy.

Business Model Canvas

A strategic management template for developing new or documenting existing business models, visually outlining value propositions, customer relationships, and other key activities.