Business Essentials Vocab Practice (3.03)

Business Essentials Vocab Practice (3.03)

Assessment

Flashcard

Business

9th - 12th Grade

Hard

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5 questions

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1.

FLASHCARD QUESTION

Front

________________ is the customer’s preference for a business; usually expressed in regular purchases from the business.

Back

Customer Loyalty

2.

FLASHCARD QUESTION

Front

________________ is activities and benefits provided by a business to its customers to create goodwill and customer satisfaction.

Back

Customer Service

3.

FLASHCARD QUESTION

Front

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

Back

Internal Customers

4.

FLASHCARD QUESTION

Front

Productivity is the amount and the value of goods and services __________ (outputs) from set amounts of resources (inputs).

Back

produced

5.

FLASHCARD QUESTION

Front

Touchpoints are all the opportunities that businesses have to connect with customers and reinforce their ___________.

Back

brand value