A business determines that 75% of its customers are satisfied.This business also learns that 80% of a leading competitor's customers are satisfied.If this business implements a program to reach 80% customer satisfaction,this is called ________.
A) competitive parity
B) focused value proposition
C) managing to the averages
D) wide-angle view of customer satisfaction
E) forward-looking indicator
Correct Answer:
Verified
Q17: Minimal customer focus results in a reduction
Q18: A repeat customer buys a lot from
Q19: The life expectancy of a customer decreases
Q20: Captive customers are a drain on a
Q21: What is the main reason that a
Q23: Which of the following statements is true
Q24: The most significant impact of satisfying and
Q25: What type of customers are most likely
Q26: To estimate the lifetime value of a
Q27: To create an overall customer satisfaction index
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