Which of the Following Strategies Should Be Adopted to Successfully

question 55

Multiple Choice

Which of the following strategies should be adopted to successfully build trust?

• A) Refrain from accepting any mistake as it projects poor performance of the organization.
• B) Refrain from making any eye contract while attending to the customer.
• C) Offer special incentives to attract new customers than focusing on current customers.
• D) While communicating with the customer, project positivity and enthusiasm.

Recognize the importance of choosing the right social media platforms for specific content types, like live video streaming or instructional videos.

Appreciate the role of fourth screen technology in user interaction and the prioritization of personalized content.

Grasp the necessities of personal interaction and the strategic identification of target publics in public relations on social media.

Understand the mechanics and purposes of futures contracts, including their use in hedging and speculation.

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Definitions:

Income Disparities

The unequal distribution of income among different groups in society.

Wealth Disparities

Refers to the significant differences in wealth (assets and income) among different groups, often analyzed by race, ethnicity, or socioeconomic status.

Financial Institutions

Organizations that provide financial services, such as banks, credit unions, stockbrokers, and insurance companies.

Economic-Based Affirmative Action

Affirmative action policies focused on improving opportunities for individuals from economically disadvantaged backgrounds, regardless of race or ethnicity.