12
QuizMultiple Choice

Becoming an Entrepreneur — Unit test

Question 12 • Career Planning and Development A

The loyalty of customers to a business is called _____,

Answer
A
satisfaction
B
goodwill
C
partnership
D
sole proprietorship

Explanation

Goodwill is the value a business gains from its reputation and the loyalty of its customers. Customer satisfaction describes how pleased customers are, but the term for their loyalty to the business is goodwill.

AI-written and checked against the verified answer.

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