Which of the Following Forces Is Commonly Reduced Through the Use

question 32

Multiple Choice

Which of the following forces is commonly reduced through the use of a loyalty program?

• A) Buyer power
• B) Supplier power
• C) Threat of new entrants
• D) Rivalry among existing competitors

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Definitions:

Maslow

Abraham Maslow was an American psychologist who is best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Accept

To receive willingly or agree to something with approval or favorable reception.

Self-actualizers

Individuals who have realized their potentials and capabilities, achieving the highest level of personal growth and fulfillment.

Maslow

Refers to Abraham Maslow, an American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.