If a Firm Chooses to Succeed by Building Long-Term Relationships

question 6

Multiple Choice

If a firm chooses to succeed by building long-term relationships with the firm's customers by offering either the best price, best product, or best service, it implies that the firm's organizational strategy is:

• A) based on competitive parity.
• B) based on value.
• C) based on products and markets.
• D) based on selling.

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Definitions:

Activities of ADLs

Tasks performed in daily living that are essential for health and well-being, such as eating, bathing, dressing.

Health Promotion

The process of enabling people to increase control over, and to improve, their health by addressing and preventing factors affecting health.

Hearing Aids

Electronic devices that amplify sound to aid individuals with hearing loss.

Refractive Errors

Vision issues caused by the shape of the eye that prevent light from focusing directly on the retina, necessitating correction for clear vision.