QUESTIONS AND ACCURATE ANSWERS
GRADED A+
●● customer loyalty.
Answer: Having a positive attitude toward a product or brand, which
induces supportive behavior from the customer
●● Brand Trust.
Answer: The willingness of the average consumer to rely on the ability
of the brand to perform its stated function
●● personal selling.
Answer: A type of selling that uses person-to-person interaction to sell
products and services
●● Conversion rates.
Answer: Percentage of prospective customers who take a specific action
you want
●● sales forecast.
Answer: The process of estimating future sales
, ●● operational budget.
Answer: A plan for expenditures required to maintain the functioning of
a business venture or public organization
●● Profitability.
Answer: The ability of a company to use its resources to generate
revenues in excess of its expenses
●● product-market fit.
Answer: the degree to which a product or service satisfies the demands
of the market
●● Corporate Structure.
Answer: An organizations different departments or business units within
a company to achieve it's overall mission and goals
●● Functional structure.
Answer: An organization structure that groups employees according to
the specialized or similar set of rules or tasks
●● Modular structure.
Answer: Divides the business into small, tightly knit strategic business
units (SBUs),which focus on specific elements of the organizational
process