Replace customer versus keeping present customer

Assignment Help Operation Management
Reference no: EM131680821

1. Companies are wrong to target markets where they have the least penetration because:

it irritates prospective customers

the marketing staff do not know how to reach these markets

it costs too much

there is a reason consumers in these markets are not responding

2. How much more do marketers claim it costs to replace a customer versus keeping a present customer?

ten times more

six times more

five times more

three times more

Reference no: EM131680821

Questions Cloud

The various approaches available for stress management : Briefly identify and explain the relationship between the various approaches available for stress management.
Organizations use to enhance employee performance : Identify the reward systems that organizations use to enhance employee performance, and specify
Describe how these dimensions are interrelated : List and explain the basic dimensions of the social learning theory, and describe how these dimensions are interrelated.
Two-step direct marketing campaign can best be defined : A two-step direct marketing campaign can best be defined as:
Replace customer versus keeping present customer : How much more do marketers claim it costs to replace a customer versus keeping a present customer?
Discuss bribery : Discuss bribery. Identify three business activities that would constitute bribery and three actions that would not.
Manufacturing plant produces bookshelves-couches-worktables : Our manufacturing plant produces bookshelves, couches, and worktables. We have 400 hours of labor that are available to us each week,
Why would you choose each of these participants : who would you, as the client, choose to be in this meeting and why would you choose each of these participants?
What is the role of violence in influencing fans of sports : What is the role of violence in influencing fans of sports such as mixed martial arts, football, hockey, and auto racing to watch competitions?

Reviews

Write a Review

Operation Management Questions & Answers

  Which methods are considered better first-choice methods

describe crashing, fast tracking, and scope reduction as means of schedule compression. When would each be appropriate? Which methods are considered better first-choice methods by most project sponsors?

  Theory-based approach for evaluation

Identify and discuss two reasons to use and two others for not to use theory-based approach for evaluation.

  What are four operations process goals of the ptop process

In designing vendor records to be incorporated into the vendor master data, what specific data elements would you include to help you select the best vendor?

  What values are at stake

What values are at stake? Do some of the values conflict with one another?

  Discuss parameters and potential implications for failure

The internet is a staple of the modern office. Some companies are concerned that the Internet (and its e-mail application) lead to increased theft of time in the workplace.

  Competitive advantage for an entrepreneurial firm

Which is NOT a competitive advantage for an entrepreneurial firm?

  Maximum and average quantities of unit loads to be stored

At the XYZ manufacturing firm, the average daily withdrawal rate for product X is 35 cartons per day, safety stock is 7 days, order lead time is 15 days, and the order quantity is 30 days. What are the maximum and average quantities of unit loads to ..

  Dealing with a business with poor customer service

Identify at least five strategies that would help improve the level of customer service when dealing with a business with poor customer service. Detail how you would train employees at that establishment to respond appropriately in a similar situatio..

  Components of the company approach to compensation

Describe the components of the company’s approach to compensation and explain whether you agree with it or not. The objectives of their total compensation practices The role of total compensation in achieving a competitive advantage. The pay mix and ..

  Each event averages four hours, and assume the stadium

Each event averages four hours, and assume the stadium is full for each event. The stadium is available 365 days a year from 6 a.m. to midnight

  Develop inventory ordering policy

Dunstreet's Department Store would like to develop an inventory ordering policy of a 95 percent probability of not stocking out. use as an example the ordering

  Describe the company''s supply chain

This is part one of a two part assignment starting with an introductory look at process design and supply chains. Identify a company with which you are familiar. This could be your place of employment, a car wash, a yard service company, and so fo..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd