business Flashcards

1
Q

The values and ideals that an (organization) encourages among its employees

A

Corporate culture

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2
Q

Polite behavior; good manners

A

Courtesy

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3
Q

The customer’s preference for a business; usually expressed in regular purchases from the business

A

Customer loyalty

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4
Q

All the activities a business engages in to interact with its customers

A

Customer relations

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5
Q

Activities and benefits **(provided) **by a business to (its customers) to create goodwill and customer (satisfaction)

A

Customer service

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6
Q

Focused on customer needs and wants

A

Customer-centric

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7
Q

The people (i.e., employees) who work cooperatively together to achieve business goals

A

Internal customers

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8
Q

Loyalty to a particular business

A

Patronage

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9
Q

Adapting to the environment in advance of the occurrence of events; taking advantage of opportunities rather than reacting to problems

A

Proactive

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10
Q

The amount and the value of goods and services produced (outputs) from set amounts of resources (inputs)

A

Productivity

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11
Q

All the opportunities that businesses have to connect with customers and reinforce their brand value

A

Touchpoints

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12
Q

Promotion for a business provided by customers who tell others of their satisfaction with the business

A

Word-of-mouth promotion

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