Correct Answer
verified
Multiple Choice
A) It refers to a five-step process for creating contingency or backup plans to better serve customers when problems arise or things do not go as expected.
B) It refers to any formula used to calculate the cost of acquiring a new customer or replacing a current one.
C) It refers to a term that is used to describe how well an organization is doing in providing products and services that meet or exceed a customer's needs and expectations.
D) It refers to the process of a customer switching between products or companies, often simply to get a better price, contract, rebate, or warranty.
Correct Answer
verified
Multiple Choice
A) Establish rapport
B) Identify customer needs
C) Satisfy customer needs
D) Offer a channel partner
Correct Answer
verified
True/False
Correct Answer
verified
Essay
Correct Answer
verified
View Answer
Multiple Choice
A) Only ask closed-end questions to determine the customer's needs.
B) Treat as many customers as possible simultaneously to cater to all their needs.
C) Strive to provide exceptional service to win over the customer.
D) Get to know only those customers who wish to foster a long-term relationship.
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) Customers who have complained are likely lost to your organization, so cut your losses and ignore them.
B) Organizations should always hesitate to ask for feedback because it will likely not be good.
C) Browse company blogs and websites and remove any negative posting or customer complaints.
D) You cannot fix what you do not know is broken. Ask for customer input and act upon it.
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) strategic
B) transactional
C) direct
D) tactical
Correct Answer
verified
True/False
Correct Answer
verified
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