Which of the Following Is a Difference Between Customers and Clients

question 22

Multiple Choice

Which of the following is a difference between customers and clients in the context of relationship marketing?

• A)Customers have identities and names,while clients do not.
• B)Customers have no strong reason to feel allegiance to a service provider,while clients often have a strong relationship with the service provider.
• C)Customers are individual entities,while clients are reflected in market summaries as mere numbers and data entries.
• D)Customers are served on an individual basis,while clients are mass target groups.

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Definitions:

Personally Liable

The legal responsibility of an individual to settle debt or legal obligations from their personal assets.

Directors

Individuals elected by shareholders to a company's board, responsible for making major decisions and overseeing management.

Marshaling Resources

The act of gathering, organizing, and deploying resources (human, financial, material) effectively to achieve specific objectives.

Bootstrapping

A self-funding approach where entrepreneurs start and grow their businesses using personal finances or the operating revenues of the new company.