When Customers Join the Daily Needs Reward Zone,they Receive One

question 5

Multiple Choice

When customers join the Daily Needs Reward Zone,they receive one point on every purchase they make at Daily Needs stores and DailyNeeds.com.Reward Zone points are converted to reward certificates which can be redeemed for merchandise at Daily Needs stores or on DailyNeeds.com.Reward Zone Members also receive exclusive offers throughout the year and a "special reward" for their birthday.This strategy by Daily Needs is an example of _____.

• A) tiered reward system
• B) personalization
• C) a customer loyalty program
• D) an exclusive value share program
• E) market basket analysis

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Definitions:

Creditor

An individual, organization, or entity to whom money is owed by a debtor.

Lien Legislation

Laws governing the right to keep possession of property belonging to another person until a debt owed by that person is discharged.

Benefits

Advantages or gains received by individuals or groups, often from employment or insurance policies.

Obligations

Legal or moral duties to perform or refrain from performing certain acts, often arising from contracts, laws, or ethical principles.