Which of the Following Is a Device That Keeps Track

question 75

Multiple Choice

Which of the following is a device that keeps track of the amount of purchasing a consumer has had with a given marketer and once some level is reached,a reward is offered usually in terms of future purchase incentives?

• A) A commitment program
• B) A customer share program
• C) A consistency program
• D) A loyalty program
• E) A gift program

Distinguish between business models, business plans, and their respective purposes and structures.

Identify the key elements involved in the infrastructure of a business model.

Appreciate the importance of customer segmentation and targeted marketing in business strategy.

Understand the concept and importance of financial viability within a business model.

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Definitions:

Trusted Authority

An entity or individual regarded as reliable and credible in a specific field or context.

Trusted Expert

An individual regarded as an authoritative source due to their expertise, reliability, and integrity in a specific field.

Disconfirm The Claim

To provide evidence or reasoning that contradicts and invalidates a particular claim or hypothesis.

Strong Critical Thinker

A person who employs advanced analytical and evaluative skills to interpret information, make decisions, and solve problems.