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Consider the following statement: Marketing seeks to create and manage profitable customer relationships by delivering customer value and satisfaction to customers. Given this statement, answer
Consider the following statement: "Marketing seeks to create and manage profitable customer relationships by delivering customer value and satisfaction to customers." Given this statement, answer the following questions.
- Discuss why it is critical for marketing practitioners to provide customer value and make target customers satisfied when it comes to building and managing long-term profitable relationships with them.
- Figure out how to measure two concepts of Customer Value and Satisfaction along with some examples of quantifying both concepts
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