Boston Symphony Orchestra realized the classic music market was generally becoming older and needed to learn how to appeal to younger concert-goers. It hired a research agency to identify the positive and negative attributes of going to concerts. One type of research conducted by the agency was to interview former symphony season ticket holders who were no longer attending the concerts. In other words, the agency used:

A. Critical incidents studies
B. Trailer calls
C. Lost customer research
D. Complaint solicitation
E. Relationship survey


Answer: C

Business

You might also like to view...

The following are examples of typical marketing communications objectives, except:

A) increase market share B) increase the number of products offered C) increase profits D) increase return on investment

Business

Which of the following types of sales quotas encourage salespeople toward the products and services that are the most profitable to the company, as opposed to those that have the highest prices or are easiest to sell?

A) sales volume based quota B) profit based quota C) combination quota D) market based quota

Business

Describe common stockholder rights

Business

How does paying a liability in cash affect the accounting equation?

A) assets increase; liabilities decrease B) assets increase; liabilities increase C) assets decrease; liabilities decrease D) liabilities decrease; owner's equity increases

Business