All of the Following Statements Regarding Brand Loyalty Are True

question 48

Multiple Choice

All of the following statements regarding brand loyalty are true

• A) the marketing costs of reaching loyal customers are typically very high.
• B) brand-loyal customers are unlikely to switch to competitor's brands.
• C) brand-loyal customers generate positive word of mouth.
• D) firms tend to reward brand loyal customers with extra benefits.
• E) brand-loyal customers do not need persuasion to buy the firm's brands.

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Definitions:

Growth Capacity

The potential of an entity or environment to expand, increase, or develop further, often measured in terms of productivity or population.

Environment Capacity

The maximum population size of a species that the environment can sustain indefinitely, given the food, habitat, water, and other necessities available in the environment.

Supply Of Resources

The availability or provision of natural, economic, or human elements necessary for production or survival.

Reproductive Time Lag

The delay between the onset of sexual maturity and the age at which an organism first reproduces, influenced by factors like genetics, nutrition, and environmental conditions.