According to Your Text,why Are Brand Loyal Customers an Important

question 61

Multiple Choice

According to your text,why are brand loyal customers an important contributor to a firm's long-term success and profitability?

• A)Brand loyal customers typically exhibit more price sensitivity.
• B)Brand loyal customers typically exhibit less price sensitivity.
• C)Brand loyal customers write positive reviews of the firm.
• D)Brand loyal customers typically don't use coupons to reduce the price of the product.
• E)Brand loyal customers write negative reviews of the competition.

---

Definitions:

Withdrawal Account

An account in a partnership or sole proprietorship that records the amounts taken out of the business by the owner for personal use.

Capital Account

In accounting, it refers to the account on a company's balance sheet that represents the owners' or shareholders' investment in the company.

Net Income

Net Income is the total profit of a company after all expenses and taxes have been deducted from total revenues, indicating the company's overall profitability.