An existing contract was replaced by an entirely new contract. This would be defined as a:
A. conversion
B. novation
C. reformation
D. rescission
Answer: B. novation
Business
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________ refers to the portion of the customer's purchase that a company gets in its product categories
A) Value proposition B) Share of customer C) Brand equity D) Customer lifetime value E) Customer equity
Business
A formal approach to getting into customers' minds that involves looking deeply into people's past experiences for events and experiences that generated strong emotions at an early age is called:
a. imprint analysis. b. subliminal decoding. c. dream analysis. d. suggestion mapping.
Business