📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    A bank tracking how many customers move from awareness

    to application to approval is analysing:
    A Market share Correct Answer Incorrect Answer
    B Sales funnel performance Correct Answer Incorrect Answer
    C Product life cycle Correct Answer Incorrect Answer
    D Price elasticity Correct Answer Incorrect Answer
    E Harvesting strategy Correct Answer Incorrect Answer

    Solution

    Funnel analysis tracks stage-wise progression and identifies drop-offs. Why others are incorrect: Market share measures competitive position; PLC tracks product stage; Elasticity measures price sensitivity; Harvesting reduces promotion. Banking Example: Monitoring digital loan journey stages.

    Practice Next
    ask-question