Question
A high Net Promoter Score (NPS) primarily indicates
strong:Solution
NPS measures likelihood of customers recommending the brand. Why others are incorrect: Price competitiveness relates to pricing; Saturation relates to market maturity; Product elimination is portfolio strategy; Distribution reach is channel-based. Banking Example: Customers recommending bank to colleagues.
More Basics of Marketing Management Questions
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P, Q and R invested their capitals in a business in the ratio 5:6:4 respectively. At the end of the year, they received profits in the ratio 10:18:8 res...
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