Which of the following is NOT one of the advantages to incremental profits of a loyal customer?

a. Profit from increased purchases.
b. Profit from decreased advertising.
c. Profit from reduced operating costs.
d. Profit from referrals to other customers.
e. Profit from price premiums.

b

Business

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Which statement about risk management techniques is true?

I. Using retention limits the liability of the firm to a specified amount. II. Risk transfer can be more expensive than risk retention. (a) I only (b) II only (c) both I and II (d) neither I nor I

Business

What external factors affect the pricing decisions made by organizations?

What will be an ideal response?

Business