Which of the Following Is an Organizational Benefit of Strong

question 67

Multiple Choice

Which of the following is an organizational benefit of strong customer relationships?

• A)Reduced purchases
• B)Lowers switching costs
• C)Increases employee job switching
• D)Removes a sustainable competitive advantage

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Definitions:

Employee Segmentation

The process of dividing employees into smaller groups based on certain criteria, such as skill levels, job functions, or needs, to manage them more effectively.

Organizational Development

Organizational development is a field of research, theory, and practice dedicated to expanding the knowledge and effectiveness of people to accomplish more successful organizational change and performance.

Labour Market Supply

The total number of people available for work in a specific job market, including those currently employed and those seeking employment.

Linear Programming

A mathematical technique used for allocation of resources optimally, often applied in optimizing production processes, logistics, and other operational areas.