Conversion Rate Can Be Described as

question 45

Multiple Choice

Conversion rate can be described as 

• A) the percentage of customers buying only premium products.
• B) the percentage of customers buying both premium and budget products.
• C) the time pressure under which the purchase must be made.
• D) the percentage of customers who enter a store and buy products from that same store.
• E) the retailer's score when evaluated on the basis of attributes.

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Definitions:

Herzberg's Two-Factor Theory

Herzberg's Two-Factor Theory posits that job satisfaction and dissatisfaction arise from two different sets of factors – motivation factors and hygiene factors.

Job Enrichment

The upgrading of a job that makes it more interesting, meaningful, or rewarding and provides long-term motivation.

High Achievement

The attainment of superior levels of performance or accomplishment, often exceeding common standards.

Valence

The value a person places on a reward.