Transaction Based Marketing Emphasizes Retaining Customers Over Making a Sale

question 199

True/False

Transaction based marketing emphasizes retaining customers over making a sale.

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Definitions:

Sole Proprietorship

A form of business in which an individual pursues business for a profit.

Small Business Ownership

The operation and responsibilities of running a small-scale business, usually characterized by limited revenue and personnel numbers.

Financing

is the process of sourcing capital or funds to finance the operations, projects, or investments of an individual, organization, or government.

Limited Liability Corporation

A hybrid business form combining the advantages of the sole proprietorship, partnership, and corporation.