MCQOPTIONS
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| 1. |
All of the following statements are true except |
| A. | It costs more to get a new customer than to keep an existing one |
| B. | Marketers that can retain more customers by satisfying them better than competitors will have profitable products in the long-run not just the short-run. |
| C. | A product will low brand loyalty will have a higher lifetime customer value than a product with high brand loyalty |
| D. | Marketing managers will have to focus on the relationship between the organisation and the customer as the end result of a successful marketing strategy |
| Answer» D. Marketing managers will have to focus on the relationship between the organisation and the customer as the end result of a successful marketing strategy | |