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When customer expectations regarding product quality, service quality, and value-based price are met or exceeded, _____ is created.
customer satisfaction
planning excellence
a quality rift
a value line
Customer satisfaction is a term frequently used in marketing. It is a measure of how products and services supplied by a company meet or surpass customer expectation. Customer satisfaction is defined as "the number of customers, or percentage of total customers, whose reported experience with a firm, its products, or its services (ratings) exceeds specified satisfaction goals." Customers play an important role and are essential in keeping a product or service relevant; it is, therefore, in the best interest of the business to ensure customer satisfaction and build customer loyalty.
By: Barka Mirza ProfileResourcesReport error
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