Match the items of List I with those of List II.
List-I | List-II |
a. Customer penetration | 1. Purchases from the company by its customers expressed as a percentage of their total purchases from all suppliers of the same products |
b. Customer loyalty | 2. The average price charged by the company expressed as a percentage of the average price charged by all companies |
c. Customer selectivity | 3. Percentage of all customers who buy from the company |
d. Price selectivity | 4. Size of the average customer purchase from the company expressed as a percentage of the size of the average customer purchase from an average company |
A. a-2, b-4, c-3, d-1
B. a-1, b-3, c-4, d-2
C. a-3, b-1, c-4, d-2
D. a-4, b-2, c-1, d-3
Answer: Option C
Related Questions on Marketing
The four unique elements to services include:
A. Independence, intangibility, inventory, and inception
B. Independence, increase, inventory, and intangibility
C. Intangibility, inconsistency, inseparability, and inventory
D. Intangibility, independence, inseparability, and inventory
A. Learning
B. Role selection
C. Perception
D. Motivation
While buying milk which kind of behavior is displayed by a person?
A. Extensive problem solving behavior
B. Routinized buying behavior
C. Variety seeking behavior
D. None of the above
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