Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized for You
we will pick new questions that match your level based on your Timer History
Track Your Progress
every week, we’ll send you an estimated GRE score based on your performance
Practice Pays
we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:
Your score will improve and your results will be more realistic
Is there something wrong with our timer?Let us know!
The theoretical justification of the link between customer satisfactio
[#permalink]
17 Mar 2021, 10:16
2
Expert Reply
2
Bookmarks
Question 1
00:00
Question Stats:
0% (00:00) correct
0% (00:00) wrong based on 0 sessions
HideShow
timer Statistics
Is your answer correct? Yes No Not Sure
The theoretical justification of the link between customer satisfaction and national consumption is quite obvious. Customer satisfaction is a driver of consumption expenditure because it measures the quality of economic output. When consumers are satisfied with their previous purchases, their willingness to spend increases and vice versa. In this regard, customers’ views on satisfaction are perhaps more reliable than consumer confidence indicators as the former are based on actual experience with products while the latter relies on perception. Similarly, actions taken by firms to improve satisfaction and policies that ensure that firms allocate sufficient resources to this action are more easily monitored compared to efforts to raise consumer sentiments. One produces direct results while the other is still dependent on the whims and fancies of the consumer.
Select the sentence that uses a previously stated assertion to support a further assertion.
Similarly, actions taken by firms to improve satisfaction and policies that ensure that firms allocate sufficient resources to this action are more easily monitored compared to efforts to raise consumer sentiments
Re: The theoretical justification of the link between customer satisfactio
[#permalink]
27 Mar 2021, 02:09
1
Expert Reply
1
Bookmarks
Official Explanation
This sentence, by the use of the word “similarly,” compares the relative ease by which firms can measure customer satisfaction to the previous sentence’s assertion that customer satisfaction is a more reliable indicator than customer confidence, and then uses this comparison to extend its assertion (that measuring satisfaction is easier).
Re: The theoretical justification of the link between customer satisfactio
[#permalink]
29 Oct 2024, 17:23
Hello from the GRE Prep Club VerbalBot!
Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
gmatclubot
Re: The theoretical justification of the link between customer satisfactio [#permalink]