Correct Answer: Encourage brand loyalty
Explanation:
Note: This Question is unanswered, help us to find answer for this one
Marketing Knowledge Skill Assessment
Your Skill Level: Poor
Retake Quizzes to improve it
More Marketing Knowledge MCQ Questions
The marketing process captures value from customers by __________.
________ are the most common price promotion.
Once an organization has developed its distribution objectives, it should next ________.
One key role marketing plays in a company's strategic planning is to __________.
One reason taco bell raised its prices was the result of an increase in _____.
In which cost-pricing approaches does a firm determine a price that would yield the target rate of return on investment(ROI)?
In which type of marketing does a company recognize that buyers differ in their wants, purchasing power, geographical locations, buying attitudes and buying habits?
A _______ is a rather narrowly defined group, typically a small market, whose needs are not being well served.
Which type of assortment strategy is used by a news agency when it adds indoor plants and house wares to its range of newspapers, stationery and books?
Philip Kotler's Black Box Model is used to explain the hidden nature of.