Asked by Kristen Abernathy on Sep 28, 2024
What is indicated by a net promoter score?
A) customer satisfaction with a product
B) customer attachment to a brand
C) customer lifetime value
D) customer profitability
Net Promoter Score
A metric used to gauge the loyalty of a firm's customer relationships, based on how likely customers are to recommend the company to a friend or colleague.
Customer Satisfaction
The measure of how well a company's products or services meet or surpass the expectations of its customers.
- Understand how net promoter scores indicate customer satisfaction and its impact on profitability.
Learning Objectives
- Understand how net promoter scores indicate customer satisfaction and its impact on profitability.
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