Which of the Following Is NOT a Factor That Managers

question 91

Multiple Choice

Which of the following is NOT a factor that managers should consider in deciding how to allocate resources across customers?

• A)short-run and long-run customer profitability
• B)customer retention likelihood
• C)economic forecasts
• D)customer growth potential
• E)increases in overall demand from having well-known customers

Recognize the role of adoptive and biological parents in shaping individuals' characteristics.

Comprehend the basic principles of genetic inheritance and variations in fraternal and identical twins.

Identify environmental impacts on physical and behavioral traits across generations.

Acknowledge the role of genetic factors in personality development, as demonstrated through twin studies.

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Definitions:

Perfectly Inelastic Demand

A situation where the demand for a product remains constant regardless of changes in its price.

Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with its demand either being elastic or inelastic.

Total Revenue

Total financial gains received by a firm from its commercial sales and service operations throughout a defined period.

Elastic

A characteristic of a supply or demand curve that describes how much the quantity supplied or demanded responds to changes in price.