You Want to Encourage Your Longtime Customers to Continue Their

question 119

Multiple Choice

You want to encourage your longtime customers to continue their relationship with the service your company provides,and so you implement an approach commonly used to segment a market by brand loyalty.What approach did you use?​

• A)​Praedo's law
• B)​multiple segmentation
• C)​benefits segmentation
• D)​the 80/20 principle
• E)​frequent purchase program

---

Definitions:

Assets

Resources owned or controlled by a business or individual, which are expected to provide future economic benefits.

Expenses

Costs incurred in the operation of a business; these are necessary for the company to generate revenues.

Financial Reports

Documents that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements, among others.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal indicating that the ledger accounts are properly balanced.