When Customers Are Willing to Pay a Premium to Get

question 140

Short Answer

When customers are willing to pay a premium to get precisely what they want and the company can respond quickly to satisfy customer needs,the company has achieved what is called ________.

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Definitions:

Banking Section

A part of financial management systems or software where users can link, view, and manage their bank and credit card transactions.

Write Checks

The act of drafting and signing a check to make a payment from one's bank account to a person or entity.

Chart of Accounts

A systematic listing of all ledger account titles and numbers being used by an organization to track financial transactions and prepare financial statements.

Company Section

A segment within business documentation or software that contains information specific to the company, such as corporate structure, policies, and financial data.