Author Question: Which of the following its accurate regarding the cost difference between acquiring a new customer ... (Read 55 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?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library