To increase customer loyalty, 2Wheels wants to start a club for its dedicated customers, but wants to make sure that only members who are want to participate in activities join the club. What can it do to ensure this?

What will be an ideal response?


Student answers will vary. 2Wheels can institute membership fees and membership conditions to ensure that only members with a lasting interest join the club.

Business

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The condition of plenty or surplus and competition allows everyone to get what they want; this is a condition of free market capitalism.

Answer the following statement true (T) or false (F)

Business

During the testing and validation process, ______.

a. market research for the product is gathered b. the production process is validated c. product design is initiated d. raw materials for the product are evaluated

Business

Kinsey is being sued for negligence and her defense is that any damages owed should be reduced because of the plaintiff's_________

Fill in the blank(s) with correct word

Business

While many developing countries are attractive to companies seeking out low labor costs, there are other important factors such as productivity levels, employee skill and education levels, turnover rates, and employment trends that certain industries find just as important, if not more important, in determining facilities' location

a. True b. False Indicate whether the statement is true or false

Business