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Some reasons would include:

* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethics

Some reasons would include:

* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethics

Some reasons would include:

* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethics

Some reasons would include:

* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethics

Some reasons would include:

* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethics

Some reasons would include:

* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethics

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What approach should a firm take when they need to say 'no' to a customer?

When a firm needs to say 'no' to a customer, it should do so with empathy and transparency. Begin by acknowledging the customer's request and expressing appreciation for their interest or business. Clearly explain the reasons for the denial while offering alternatives or solutions if possible, which can help maintain a positive relationship. Finally, ensure the customer feels heard and valued, which can mitigate disappointment and foster loyalty.


What are the consequences for a firm that gives little importance to marketing relative to other business functions?

A firm that undervalues marketing may struggle to effectively reach and engage its target audience, leading to reduced brand awareness and customer loyalty. This neglect can result in lower sales and market share, as competitors with stronger marketing strategies capture potential customers. Additionally, without proper market insights, the firm may fail to adapt to consumer needs and preferences, hindering long-term growth and innovation. Ultimately, the lack of focus on marketing can jeopardize the firm's overall competitiveness and profitability.


What are the potential returns of customer relationship management?

Customer relationship management may bring about 1. Customer loyalty 2. Firms goodwill 3. Better social relationship between customer (society) and the firm 4. Timely product improvements as per customers need.


Why would a firm offer a deep assortment of products in its product portfolio?

A firm may offer a deep assortment of products to cater to diverse customer preferences and needs, thereby enhancing customer satisfaction and loyalty. This variety can help the firm capture a larger market segment and differentiate itself from competitors. Additionally, a broad product portfolio can mitigate risks associated with market fluctuations by balancing performance across different categories. Ultimately, it allows the firm to respond more effectively to trends and changes in consumer behavior.


A Is it essential that business market managers recognize which prospective customer firm is having a buying orientation?

It is very essential to have a buying orientation because customers are the ones who have to purchase the product produced by the firm. The new product and market strategies stress on the need for making the product which fully reflects the customer's tastes and needs. The buying decision is an important decision and reflects many environmental factors which needs to be understand by the production team and marketing managers if they really want to be competitive and profitable in the industry.

Related Questions

What happen to firm fail to sell its product?

They file for bankruptcy.


What are the elements of the firm?

Some of the key elements of a business firm include customer segments and proper channeling. Other elements are cost structure and customer relationships.


Personal selling important?

Aside from influencing customers, salespeople manage customer relations, serve as the account team manager for their firm, manage the relationships with vendor and channel members, and they also provide information for their firm.


What are the elements of business firm?

Some of the key elements of a business firm include customer segments and proper channeling. Other elements are cost structure and customer relationships.


What is the importance of customer in a firm?

Loyal and good customer on all senses is the soul of any enterprise.


Why it is important to develop various theories of firm?

why is it important to develop various theories of firm?


Why is it good to have a good relationship between a customer and firm?

So that the firm can give you sale.Like,if you buy one the other one is free only to you!


What is intrepreneurial marketing?

In this firm pushes there managers into the market to live with their customer and innovate way to improve lifestyle of customer or add value to it.


Where can I find a good law firm in Alabama?

You find a good law firm online at lawyers.com. There is a search for lawyers that are based on actual customer reviews.


How can you find reviews on a seo firm?

The Better Business Bureau may be able to offer customer reviews on the SEO firm you are investigating. Online reviews are also available to indicate others satisfaction with the firm.


What would a firm most likely use to differentiate its products?

A firm would most likely use unique features, quality, branding, and customer service to differentiate its products. By emphasizing distinctive attributes that set its offerings apart from competitors, the firm can create a strong value proposition. Additionally, effective branding can enhance recognition and loyalty, while superior customer service can improve the overall customer experience. Together, these strategies help a firm establish a competitive advantage in the market.


What is a quality certificate?

IT IS THE PROOF OF EVIDENCE OF QUALITY ASSURANCE ORIENTED FIRM IN TERMS OF SERVICE TO ITS CUSTOMER