Author Question: Which of the following statements regarding customer satisfaction is incorrect? A) Bad news is ... (Read 53 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
Which of the following statements regarding customer satisfaction is incorrect?
 A) Bad news is communicated to more people than good news.
  B) Complainers are more likely to do business with you again than noncomplainers.
  C) The average business hears from more than 10 of its unhappy customers.
  D) For every complaint received, 26 customers actually have the same problem.
  E) Of customers who have their complaints resolved quickly, 95 will continue to conduct business with the firm.

Question 2

Instead of cutting prices, it is often a better idea for a firm to find ways to build value into the product and justify the current price.
 
 Indicate whether the statement is true or false



kescobar@64

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

C

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

For a complete list of videos, visit our video library