Author Question: Which of the following its accurate regarding the cost difference between acquiring a new customer ... (Read 34 times)

naturalchemist

  • Hero Member
  • *****
  • Posts: 542
Which of the following its accurate regarding the cost difference between acquiring a new customer and maintaining an existing customer?
 a. It costs seven to ten times more to acquire a new customer than it does to retain an existing customer.
  b. It costs a seven to ten times more to retain an existing customer than it does to acquire a new customer.
  c. It costs about twice as much to acquire a new customer as it does to retain an existing customer.
  d. It costs about twice much to retain an existing customer as it does to acquire a new customer.
  e. There is no cost difference.

Question 2

Within the buying center, individuals who actually make the organizational buying decision, whether or not they have formal authority to do so, are performing the role of:
 A) a user.
  B) a gatekeeper.
  C) an influencer.
  D) a decider.
  E) a buyer.



TDubDCFL

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

For a complete list of videos, visit our video library