Which of the Following Is Necessary for an Effective CVP

question 1

Multiple Choice

Which of the following is necessary for an effective CVP?

• A)It must be lower in cost than that offered by competitors.
• B)It must offer a giveaway or something extra.
• C)It must be measureable in monetary terms.
• D)It must offer occasional discounts and rewards.

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Definitions:

Superior Trial Court

A high-level court of law that has the authority to hear both civil and criminal cases, including appeals from lower courts.

Courts of Equity

Courts that decide cases on the basis of fairness and justice, applying principles of equity rather than strict legal rules.

Provincial Court

A provincial court is a lower-level court in Canada dealing with less serious criminal offences, family law matters, and other regulatory offences.

ADR

Alternative Dispute Resolution, a range of processes such as mediation and arbitration used to resolve disputes without going to court.