BUISENESS MANAGEMENT
BUSINESS STRUCTURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT one of the considerations when selecting a business structure?
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Customer loyalty
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Size of the business or organization
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Worker skills and responsibilities
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Business purpose
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Explanation:
Detailed explanation-1: -There are six stages of customer loyalty: suspect, prospect, first-time customer, repeat customer, client and advocate.
Detailed explanation-2: -They are likely to buy from you as long as they have a need. Most are not actively looking for another supplier. They are not swayed by a sales pitch from any of your competitors. They are always open to recommendations for other products and services you offer.
Detailed explanation-3: -Customer satisfaction measures how happy a customer was with a support interaction or a purchase. Customer loyalty, on the other hand, is an ongoing state. Loyal customers give a company their repeat business over time.
There is 1 question to complete.