A brand community is a group of customers joined around a particular brand or common set of shared interests.

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


True

A brand community is a group of customers joined around a particular brand or common set of shared interests.

Business

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Would you agree or disagree with the following statement? "It's a lot cheaper and easier to keep existing customers than to try to find new ones." Explain your answer.

What will be an ideal response?

Business

In order to arrive at an actual interest rate, a __________ is an amount added to the bank's theoretical cost of obtaining funds to lend

a. spread b. base c. reference d. security

Business

A single page of typewritten copy that has 300 words or less and describes a company event or product is called a

A. press story. B. feature article. C. captioned paragraph. D. news release. E. publicity bulletin.

Business

Which type of consumer sales promotion rewards loyal consumers for making multiple purchases of a particular good or service?

A. frequent buyer program B. 80/20 program C. net worth program D. premium program E. continuity program

Business