Multiple Choice
Which of the following statements about customer value is most accurate?
A) Target customers receive customer value in terms of a combination of benefits (quality, convenience, etc.) at any price.
B) Loyal customers are less profitable to firms in the long run since they expect lower prices over time in order to remain loyal.
C) Research suggests that all firms can be successful by being all things to all consumers.
D) It is impossible to place a dollar value on a loyal, satisfied customer.
E) To create value for targeted buyers, firms must build long-term relationships with them.
Correct Answer:

Verified
Correct Answer:
Verified
Q126: factors are required for marketing to occur:
Q127: combined American Marketing Association's 2004/2007 definitions of
Q128: the movie Tin Men,two rival salesmen engaged
Q129: is said that goods,services,and ideas are marketed.Define
Q131: four Ps of the marketing mix are<br>A)
Q133: trade of things of value between buyer
Q134: Which of the following terms best describes
Q134: today's smartphones,you can watch the news,shoot videos,browse
Q135: Organizational buyers are described as<br>A) only purchasers
Q137: Explain what is meant by the concept