Which of the following is an internal marketing metric that companies need to monitor?
A) market share
B) consumer satisfaction
C) relative perceived quality
D) total number of customers
E) relative employee satisfaction
E
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A firm has actual sales in November of $1,000 and projected sales in December and January of $3,000 and $4,000, respectively
The firm makes 10 percent of its sales for cash, collects 40 percent of its sales one month following the sale, and collects the balance two months following the sale. The firm's total expected cash receipts in January is ________. A) $700 B) $2,100 C) $1,900 D) $300
A firm's collection policy, i.e., the procedures it follows to collect accounts receivable, plays an important role in keeping its average collection period short, although too strict a collection policy can reduce profits due to lost sales.
Answer the following statement true (T) or false (F)
If a firm uses short-term sources of finance instead of long-term, its financial risk is increased.?
Answer the following statement true (T) or false (F)
In assessing the competition, the idea is to benchmark the new venture against a competitor.
Answer the following statement true (T) or false (F)