Loyal customer base - Study guides, Class notes & Summaries

COB 300D Exam Set Questions With Reviewed Correct Detailed Answers New Update!! 1. Why is it important to develop long-term relationships - ANSWER to retain loyal customers than to advertise to new customers -Loyal Customers work with you to advertise -They spend lots of money on your product 2. Signs of a loyal customer - ANSWER -Purchase other Items from your company -Positive word of mouth to others -Repeated purchase -Cheaper 3. Company that is a good example of creat...

KSU AGEC 535 Question and answers rated A+ Prospecting - correct answer The process of identifying potential customers who may need or want the product or service you are selling Hunter Sales Role - correct answer Focused on getting new customers or expanding business Farmer Sales Role - correct answer Focused on maintaining an established territory with a solid, long-term customer base Four criteria for qualifying a prospect to determine if they are likely to be a good customer -...

What is a SWOT analysis? - Answer-A method to identify strengths, weaknesses, opportunities, and threats. What are some factors contributing to Millstone's deteriorating loss experience? - Answer-Increase in fraudulent claims and weather-related disasters. Why is Millstone concerned about its upper-level employees nearing retirement age? - Answer-Few employees can immediately step into those roles. Why is it a problem that few college graduates are choosing to enter the insurance industry...

MAR3231 Exam 2 Questions And Answers 100% Verified Destination Retailer - answer-Combination of price-orientated, cost-efficient, exclusive merchandise, superior customer service. -People will drive long distance. -Ex: Trader Joes, Ikea, Bass Pro Shop -Hopkins Ex: American Girl Store. The Wheel of Retailing - answer-Describes how retailers capture market share and create brand value. Ex: Kmart Low-end strategy - answer-Low prices. -Limited Facilities. -Price-sensitive consumer. Medi...

Pastas R Us Statistical ReportUniversity of PhoenixDAT/565: Data Analysis and Business Analytics 06:57:04 GMT -05:00Pastas R Us Statistical ReportPastas R Us stands as a rapidly expanding restaurant chain, currently boasting a presence in 74 locations. Our forte lies in crafting distinctive pasta dishes, earning accolades from our loyal customer base. This report is structured into three distinctive sections to shed light on various facets of interest. The first section articulates the reports o...

1) Which of the following statements about marketing is true? A) It is of little importance when products are standardized. B) It can help create jobs in the economy by increasing demand for goods and services. C) It helps to build a loyal customer base but has no impact on a firm's intangible assets. D) It is more important for bigger organizations than smaller ones. E) It is seldom used by nonprofit organizations. 2) ________ is the art and science of choosing target markets and getting...

MAR3231 Exam 2 Questions And Answers 100% Verified Destination Retailer - answer-Combination of price-orientated, cost-efficient, exclusive merchandise, superior customer service. -People will drive long distance. -Ex: Trader Joes, Ikea, Bass Pro Shop -Hopkins Ex: American Girl Store. The Wheel of Retailing - answer-Describes how retailers capture market share and create brand value. Ex: Kmart Low-end strategy - answer-Low prices. -Limited Facilities. -Price-sensitive consumer. Medi...

OBA 340 Quiz 4 Verified Questions And Answers With Latest Set Which of the following represents one of the primary components of the value chain? Firm infrastructure Outbound logistics Research and development Procurement Human resource management ANS Outbound logistics Businesses benefit from economies of scale when the cost of an investment can be: diverted to implementing technology upgrades in the business model. leveraged to recruit consumers to promote a product or servi...

MAR3231 Exam 2 Questions And Answers 100% Verified Destination Retailer - answer-Combination of price-orientated, cost-efficient, exclusive merchandise, superior customer service. -People will drive long distance. -Ex: Trader Joes, Ikea, Bass Pro Shop -Hopkins Ex: American Girl Store. The Wheel of Retailing - answer-Describes how retailers capture market share and create brand value. Ex: Kmart Low-end strategy - answer-Low prices. -Limited Facilities. -Price-sensitive consumer. Medi...

1. Number the steps in the organizing process: - ANS Determining specific Group work Assigning Activities Coordinate activities Evaluate results 2. A recently promoted VP has been told by the CEO to find better ways to distribute work within department. A) Process departmentalization B) Product departmentalization C) Functional departmentalization D) Customer departmentalization - ANS C 3. Which two positions would report to the vice president manufact...